Contract delay: what is it and how are we performing?
Author(s): |
David Finnie
|
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Medium: | journal article |
Language(s): | English |
Published in: | Australasian Journal of Construction Economics and Building, March 2012, n. 1, v. 12 |
Page(s): | 83-91 |
DOI: | 10.5130/ajceb.v12i1.2474 |
Abstract: |
This paper examines the management of contract delays in the construction industry as currently practised, and suggests some best practice alternative methods.Research results about the level of contractor’s time management skills were analysed to determine the related impact on their ability to manage contract delays. A comparison was made between three conditions of contracts used in New Zealand to determine how delay management should be managed with a discussion about how the different contract conditions distribute risk among the parties. Recommendations were made to improve contract conditions, up-skill industry practitioners and ensure student graduates have adequate delay management skills. |
License: | This creative work has been published under the Creative Commons Attribution 4.0 International (CC-BY 4.0) license which allows copying, and redistribution as well as adaptation of the original work provided appropriate credit is given to the original author and the conditions of the license are met. |
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05/08/2019 - Last updated on:
02/06/2021