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http://dx.doi.org/10.6106/KJCEM.2015.16.3.165

A Study on Substantiation Methodology for Extension of Time in International Mega-Project Claims  

Kim, Young-jae (Project Management Innovation Group, Hyundai Engineering & Construction Co., Ltd.)
Kim, Tae-kyoung (Project Management Innovation Group, Hyundai Engineering & Construction Co., Ltd.)
Jo, Duk-sang (Project Management Innovation Group, Hyundai Engineering & Construction Co., Ltd.)
Lee, Hwang-ku (Project Management Innovation Group, Hyundai Engineering & Construction Co., Ltd.)
Publication Information
Korean Journal of Construction Engineering and Management / v.16, no.3, 2015 , pp. 165-176 More about this Journal
Abstract
Recently many Korean large-sized construction companies as well as specialty contractors have been expanding their business in the overseas market to mitigate impacts from long-term stagnation in the domestic market. Such as a result, it has been arisen as a major issue that contractors effectively manage the delays which have been commonly faced with in international mega-projects. Therefore it can be said that the ability of the delays management leads a success of project. This paper presents a review of literature for delay analysis methods such as time impact analysis(TIA) and raises practical problems to rationally substantiate the duration of extension of time(EoT) in international mega projects which have wide scope of works as well as complicated and detailed contract baseline programs by taking theoretical approaches. We suggest the two improvement concepts to substantiate the EoT claims which are effectively applicable to practical projects. The first is to sort out dominant delays among numerous delays in advance of applying a delay analysis. The second is to set up the delay sections with the advanced concept for analysing delays' effects by TIA. This study performed a case study on an actual international mega-project. to confirm the effectiveness of improvement concepts that this practical approach is applicable for the assessment of EoT. In conclusion, this paper supposes to provide practitioner in charge for an EoT claim with an advanced substantiation methodogy when they not only analyse the construction delays by using TIA, but also negotiate with stakeholders about with the assessment of EoT.
Keywords
International mega-project claim; Delay analysis; TIA; Dominant delay; Delay section;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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