Study of delay in construction projects and factors affecting the time planning

Abstract

Time management is the process of organizing and implementing a strategy related to the time required for work activities on a project. Effective time management is essential to successfully and efficiently meeting budget and program targets, as well as achieving profitability. During the planning stage, all work activities should be properly understood, and planned in detail to optimize the allocation of resources and reduce the potential for ‘unknowns’. Estimates can then be made of how long each activity will take. This is critical to the setting of milestones and deadlines, for allocation of resources, and for determining the pricing of contracts and cash flow requirements.