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Bimonthly Since 1986 |
ISSN 1004-9037
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Publication Details |
Edited by: Editorial Board of Journal of Data Acquisition and Processing
P.O. Box 2704, Beijing 100190, P.R. China
Sponsored by: Institute of Computing Technology, CAS & China Computer Federation
Undertaken by: Institute of Computing Technology, CAS
Published by: SCIENCE PRESS, BEIJING, CHINA
Distributed by:
China: All Local Post Offices
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Abstract
Delays and expense overruns are major obstacles for construction industry in today's competitive market. Cost and time overruns are common in building projects of all kinds, regardless of industry, because of inefficient processes, decreased output, subpar quality standards & specs, & sloppy management. These delays and expense overruns have been the subject of a great deal of study, much of which has offered solutions. The purpose of this study is to examine factors that contribute to building projects taking longer than expected and costing more than expected, and to suggest a plan for reducing these risks in future through use of six sigma & 5S methodology.
Keyword
construction estimate, cost overrun, building industry, client and contractor
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