Study of Factors Influencing a Large Highway Construction Project: A System Dynamic Approach

Sharma, Aparajita and Hebbar, Sunith (2015) Study of Factors Influencing a Large Highway Construction Project: A System Dynamic Approach. The International Journal of Business & Management, 3 (6). pp. 122-127. ISSN 2321 – 8916

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Abstract

Highway construction projects in recent years in India have gained importance due to increased economic development and urbanization. This has resulted in increased highway construction to as much as 37% in 12th five-year plan. Due to the higher profit margins in the construction industry, many firms have entered the market, which has resulted in increased competition, which is forcing the construction firms to improve their process so as to gain maximum profitability. Highway construction is a complex process which have influence of various engineering discipline on it because of its complexity and better understanding a System Dynamic approach is taken for this research paper, System Dynamic helps in understanding the working of complex problems that involve change over time. The system Dynamic model developed in this research paper includes factors related to skilled labour, material delay and equipment failure. There is positive effect of factor skilled labour on project Average productivity and Work done, and factors material delay and equipment on time remaining

Item Type: Article
Uncontrolled Keywords: Highway construction, system dynamic, delay, average productivity
Subjects: Engineering > MIT Manipal > Humanities and Management
Depositing User: MIT Library
Date Deposited: 26 May 2016 10:38
Last Modified: 26 May 2016 10:38
URI: http://eprints.manipal.edu/id/eprint/146165

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