Popis: |
There is an adequate acceptance in the construction industry that current practice of managing project through conventional approach is unrealistic and ineffective in terms scheduling and monitoring which leads to the lack of project control and failure of time goal. In construction projects, under normal conditions, things do not happen the way they are planned and scheduled. Most of the activities are either ahead or behind schedule. Similar is the case with the cost of work done. This is so because of the uncertainties involved in the construction process such as the changes in work scope, variation in cost planning or budget, and risks. To prepare for the uncertainties, commitments are made in the project plan by the various participating agencies at the planning stage and implementation of the project plan is achieved through assessment of the progress. So, this research is conducted to work out the performance measurement methods to monitor the progress of the project, then further suggesting the improvement strategies for delays / overruns in the project. The research includes preparing the comparison chart between different deterministic & probabilistic methods to provide the criteria of choosing a particular method for performance monitoring & forecasting. Further, the performance improvement strategies are provided based on their applicability to different situations of the project. Finally, a universal performance management approach is proposed as the result of the study. |