Published: Građevinar 61 (2009) 8
Paper type: Preliminary report
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Construction time overrun as a function of risk factors
Abstract
The analysis of overrun of contract-based construction times, as triggered by risk factors, is presented in the paper. The principal objective is to determine a model, as realistic as possible, for rapid estimation of construction time. Based on data from the total of 53 building construction projects realized in the Federation of Bosnia & Herzegovina, appropriate models were established for two building types, i.e. new construction and rehabilitation of existing facilities. These models can be applied in situations where the occurrence and activation of risk factors can realistically be expected.
Keywordsconstruction model, new structure, rehabilitation, risk factors, construction time estimation, construction time