• The Effect Of Timely Delivery Of Construction Projects On The Economic Development Of Nigeria

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    • 1.7 SCOPE OF THE STUDY
      The researcher will limit the study to the effects of timely delivery of construction projects on the economy of Nigeria, using the Fly Over 2 project constructed by Julius Berger in Uyo, Akwa Ibom State as a case study. Findings and recommendations by the researcher may not be used for general analysis as the researcher could not assess numerous construction projects due to time and financial constraints.
      1.8 LIMITATIONS OF THE STUDY
      Construction of projects in the public sector has assumed significant functions, hence the need for assessment on the cost and time impacts of construction of projects in order to achieve overall project objectives. Historical project schedule and duration data is treated as confidential by Julius Berger Nigeria Plc hence getting data for this study was very difficult. Data collection and analysis was therefore limited to the data received from project supervisors in the field of project construction.
      DEFINITION OF TERMS
      Economy: An economy consists of the economic system in a certain region, comprising the production, distribution or trade, and consumption of goods and services in that region or country. An economy is the total aggregate sum of all transactions of value between two agents, such as one individual to one other individual, or between groups of individual activity, such as in organizations to other organizations, and between one nation and another nation.
      Construction: In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking. Normally, the job is managed by a project manager, and supervised by a construction manager, design engineer, construction engineer or project architect.
      Deliverable: Deliverable is a term used in project management to describe a tangible or intangible object produced as a result of the project that is intended to be delivered to a customer (either internal or external). A deliverable could be a report, a document, a server upgrade or any other building block of an overall project.
      Project management: this is the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals. A project is a temporary endeavour with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables), undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.
      Time: This is a dimension in which events can be ordered from the past through the presentinto the future, and also the measure of durations of events and the intervals between them.
      REFERENCES
      Frimpong, Y. (2003). Project management in developing countries: causes of delay and cost overruns in construction of groundwater projects. Unpublished Masters Research Project, University of Technology, Sydney, Australia.
      Holt, G. D., Proverbs, D., and Love, P. E. D. 2000. ‘‘Survey findings on UK construction procurement: Is it achieving lowest cost, or value?’’ Asia Pac. Building Construct. Manage. J., 5, 13–20.
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