| Construction duration is a crucial element in any contract between the client and the contractor or between the contractor and sub-contractor. Unfortunately delays, which are common on construction projects, are also one of the most costly problems. This means that the minimum cost and acceptable performance for projects is affected if the construction time period is extended. In other words, time is money, and a delay on a project means loss of profit for contractor or additional cost to the owner. In this study, a model is proposed that could be used to predict the impact of delays on high-end residential construction projects. |
