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Delays Of Construction Projects €“ The Traditional Way Or The Hybrid Way?

Author

Listed:
  • RINAT GRINBERG

    (Alexandru Ioan Cuza University of Iasi, Doctoral School of Economics and Business Administration, Iasi, Romania)

  • VALENTIN NIŢĂ

    (Alexandru Ioan Cuza University of IaÅŸi, Faculty of Economics and Business Administration, Iasi, Romania)

Abstract

Construction projects are a main economic catalysator and motivation for most developing countries. However, many infrastructure projects experience extensive schedule delays in their process. Unexpected increases in budget and schedule delays have become an integral part of construction projects in Israel and worldwide. At any given moment, millions of projects worldwide have one thing in common - the wish to succeed. A successful construction project meets its time, budget, and quality goals. Numerous comprehensive studies have found that about a quarter to a third of the projects fails, while the remainder range from failure to success (Powell-Smith and Stephenson 1989). This paper, a working paper for a doctoral thesis, examines studies done in this area and suggests a new hybrid methodology of compliance with the schedules at construction project sites. Despite introducing changes in the characteristics of the project during the planning and execution stages in a VUCA world, complex and uncertain environments during construction projects can lead to schedule delays.

Suggested Citation

  • Rinat Grinberg & Valentin Niå¢Ä‚, 2022. "Delays Of Construction Projects €“ The Traditional Way Or The Hybrid Way?," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 29, pages 87-98, June.
    • Handle: RePEc:aic:revebs:y:2022:j:29:grinbergr
    DOI: 10.47743/rebs-2022-1-0005
    as

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    References listed on IDEAS

    as
    1. Michaela Schaffhauser-Linzatti, 2012. "Construction Management: Subcontractor Scopes of Work," Construction Management and Economics, Taylor & Francis Journals, vol. 30(9), pages 812-814, September.
    2. Samin Shokri & Carl T. Haas, 2012. "Risk Management for Design and Construction," Construction Management and Economics, Taylor & Francis Journals, vol. 30(8), pages 711-713, May.
    3. Valerie Caven, 2012. "Organization Management in Construction," Construction Management and Economics, Taylor & Francis Journals, vol. 30(6), pages 494-496, February.
    4. Helena Johnsson, 2012. "Construction Purchasing and Supply Chain Management," Construction Management and Economics, Taylor & Francis Journals, vol. 30(12), pages 1105-1107, August.
    Full references (including those not matched with items on IDEAS)

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      More about this item

      Keywords

      business management; project management; construction industry; changing reality; organizations change;
      All these keywords.

      JEL classification:

      • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
      • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
      • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis

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