Factors Affecting Success of Construction Project

Abstract

The construction industry is dynamic in nature due to the increasing uncertainties in technology, budgets, and development processes. Nowadays, building projects are becoming much more complex and difficult. The project team is facing unprecedented changes. The study of project success and the critical success factors ~CSFs! are considered to be a means to improve the effectiveness of project. However the concept of project success has remained ambiguously defined in the mind of the construction professionals. Various attempts were made by different researchers to determine CSFs in construction. A number of variables influencing project success have been proposed. Some variables are common to more than one list, but there is no general agreement on the variables. This Project examines the success factors and determines which success factor is more critical in a successful completion of a project. From literature review and past studies, it was obtained that there were different directions and methodologies used in order to achieve the required target, goals and objectives. A structured questionnaire survey approach is considered to study the impact of various attributes and factors affecting success. The relative importance index method (RII) is used here to determine owners, consultants and contractors perceptions. In this study 63 factors affecting the success of construction projects are selected. These factors are grouped into 10 groups with the help of different literature reviews.