Optimization of Construction Equipment for Infrastructure Projects through Effective Project Management Tools

India is presently the world’s fastest-growing major economy. India's economy is set to overtake the United States as the world’s second largest by 2050. Infrastructure development will play vital role to convert this prediction into realty. Government of India has set the ambitious target of Infrastructure development in coming years. It is the time for Indian construction industry to make a vision to play key role in achieving such ambitious target. Indian construction have to start implementing best project management practices benchmarking international standards. As per various research, cost towards construction equipment operation is 36% of total project cost. Optimization of construction equipment will play very important role saving substantial cost of infrastructure project. Pilot study carried on Project A: NH 4A (NH 748) Four Lanning and Project B: NH 17 (NH 66) Canacona Bypass in the state of Goa. Both the project consist of bridge, culvert and road works. Total cost of the Project A is Rs. 241 Crore and cost towards construction equipment installation and operation is Rs. 92 Crore. Total cost of the Project B is Rs. 180 Crore and cost towards construction equipment installation and operation is Rs. 63 Crore. Construction equipment optimization by sharing of construction equipment between two infrastructure projects on the basis of free float utilization resulting in cost saving of Rs. 46.2 Crore.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1790571
• Supplemental Notes:
  • Abstract reprinted with permission from the publisher.
• Authors:
  • Shriwas, Amit
  • Singh, Indrasen
  • Pai, Siddesh
• Publication Date: 2019-6

Language

• English

Media Info

• Media Type: Print
• Features: Figures; Maps; Photos; References; Tables;
• Pagination: pp 31-41
• Serial:
  • Indian Highways
  • Volume: 47
  • Issue Number: 6
  • Publisher: Indian Roads Congress
  • ISSN: 0376-7256

Subject/Index Terms

• TRT Terms: Best practices; Construction equipment; Construction projects; Infrastructure; Optimization; Pilot studies; Project management
• Uncontrolled Terms: Sharing
• Geographic Terms: India
• Subject Areas: Administration and Management; Construction; Highways; Vehicles and Equipment;

Filing Info

• Accession Number: 01709493
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 28 2019 11:38AM