Abstract:
Project management is critical for successful project development. A crucial responsibility of the project manager is ensuring that the client is certified and the scope of work is of high quality, within the agreed budget and time frame. In some way, project financing is completed from the time of project conception. Indeed; project financing is intertwined with project planning, analysis and selection.Project failure is one of major causes of construction delay and claims, a survey on projects management of different types of construction projects in Kenya was conducted to find out the causes of projects failure, delays and claims as well as their importance in regard to each of the participants. The participants included 23 contractors, 19 consultants and 15 project owners. The survey identified 73 causes of project delay. Seventy six percent (76%) of the contractors and 56% of the consultants indicated that the average time and cost overrun as a result of mismanagement is between 10% and 30% of the original duration. The most common cause of delay identified by all the three category of participants is “change order”. The survey concluded that 70% of projects experienced time overrun and found that 45 out of 76 projects considered because of cost implications.
