THE EFFECT OF TIMELY DELIVERY OF CONSTRUCTION PROJECTS ON THE ECONOMIC DEVELOPMENT OF NIGERIA
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ABSTRACT
Timely delivery of construction projects can fasten up drastic development in any country. Construction delay has become endemic in Nigeria, it is imperative to create awareness of the extent to which delays can adversely affect project delivery. This study identifies, by questionnaire evaluates and through empirical method assesses the effects of construction delays. The findings showed that time and cost overruns were frequent effects of delay. Delay had significant effect on completion cost and time of 61 building projects studied. Client-related delay is significant in Nigeria. Acceleration of site activities coupled with improved clients’ project management procedure and inclusion of appropriate contingency allowance in pre-contract estimate should assuage the adverse effect of construction delays.
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