Seem to overrun on time and budget for engineering projects

In this thesis,construction industries face with the major challenges are cost overruns and time delays, which have existed in most of projects, especially in developing countries. Construction projects and the environment are increasingly complex, thus it has greater demands on project managers and cost managers that deliver processes on time. However the process of construction is limited to unforeseeable and variable factors, resulting from many sources. The aim of the report is to analyze determining factors about causing budget overrun and time delays by reviewing and identifying past cases. Furthermore, the construction process is made up of three critical phases, i.e. conception, design, construction. Generally, the majority of time delays and cost overrun happen in the period of construction, where many factors are always unforeseeable, and time delays usually associate with cost overruns. （Chan and Kumaraswamy, 1997）