Impact of Inflation Rate on Construction Project A Review
Keywords:
project management, scheduling, inflation rate, costing, monitoringAbstract
Construction of high-rise structures was initiated in complex and dynamic problems resulting in circumstances of high uncertainty and risk, which were compounded by demanding many constraints. The occurrence of risk accidents in the phase of multi-storey construction will lead to great losses to the proprietor and construction enterprises if the construction risk of the structure has not been paid more attention to. The worst catastrophic may occur during structural construction is collapse of permanent or temporary construction. If risk management is not considered in bridge construction projects, there is chance for unwanted problems and uncertainties, by these risks objective cannot be achieved on time, within budget, or with suitable quality results.
In this paper presenting review of past publications and researches.
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