India

Details

  • Industry: Infrastructure, Government and Healthcare
  • Type: Survey report
  • Date: 8/12/2013

Study on project schedule and cost overruns 

The KPMG in India - PMI study 2012 was initiated on the request of MoSPI, highlights the major reasons for schedule and cost overruns across major sector’s infrastructure projects. While some projects are impacted due to external factors which are beyond the control of the implementing agencies such as land acquisition, regulatory approvals, etc., majority of projects are delayed by factors which can be controlled at the project level through proper planning and project management. The study also highlights the severe skill shortage and the growing demand-supply gap for qualified construction professionals affecting the infrastructure sector in India. Project owners feel this is a longterm issue which not only makes the projects more expensive and risky, but also results in compromise on quality as well as timelines.
Study on project schedule and cost overruns
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