CHAPTER ONE
INTRODUCTION
1.1BACKGROUND TO THE STUDY
The construction industry is faced with the significant problems of high cost of
project delivery, bad financial performance and inability to deliver value to
customers on time. As a result, the industry has been criticized extensively for poor
performance and inefficient productivity. A major factor contributing to this
setback is rework. Rework is defined as the unnecessary effort of redoing an
activity that was inaccurately done the first time (Love, 2002). In essence, rework
and wastages have become recognized as non-value adding endemic symptoms
that seriously affect the performance and productivity aspects of construction
projects (Alwiet al, 2002).
Palaneeswaran (2006), stated that the construction industry is mainly project-based
and various complexities are inherent in the construction projects such as dealing
with diverse interests of multiple stakeholders and resultant changes. Due to these
characteristic complexities of construction, amendments may be deemed inevitable
in some instances; however, uncontrolled occurrences of rework and wastages
should actually be more effectively controlled. This will essentially improve
2
various targeted
TABLE OF CONTENT
CHAPTER ONE:
INTRODUCTION
CHAPTER TWO:
REVIEW OF RELATED LITERATURE
CHAPTER THREE:
METHODOLOGY
CHAPTER FOUR:
DATA ANALYSIS, INTERPRETATION AND DISCUSSION OF FINDINGS
CHAPTER FI VE: SUMMARY, CONCLUSION & RECOMMENDATION
References
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2016, 05). Bad Financial Performance And Inability To Deliver Value To Customers On Time... ProjectStoc.com. Retrieved 05, 2016, from https://projectstoc.com/read/7582/bad-financial-performance-and-inability-to-deliver-value-to-customers-on-time-7163
"Bad Financial Performance And Inability To Deliver Value To Customers On Time.." ProjectStoc.com. 05 2016. 2016. 05 2016 <https://projectstoc.com/read/7582/bad-financial-performance-and-inability-to-deliver-value-to-customers-on-time-7163>.
"Bad Financial Performance And Inability To Deliver Value To Customers On Time..." ProjectStoc.com. ProjectStoc.com, 05 2016. Web. 05 2016. <https://projectstoc.com/read/7582/bad-financial-performance-and-inability-to-deliver-value-to-customers-on-time-7163>.
"Bad Financial Performance And Inability To Deliver Value To Customers On Time..." ProjectStoc.com. 05, 2016. Accessed 05, 2016. https://projectstoc.com/read/7582/bad-financial-performance-and-inability-to-deliver-value-to-customers-on-time-7163.
- Related Works
- The Application Of The Contribution Margin Approach To Pricing Decision In Manufacturing Organizations
- Evaluating The Effectiveness Of Internal Audit In Public Sector (a Case Study Of Akure South Local Government)
- The Impact Of Monetary Policy Measures As An Instrument Of Economic Stabilization In Nigeria
- The Impact Of Inventory Control On The Performance Of Manufacturing Industries In Nigeria (a Case Study Of Eastern Match Industries Limited)
- Prospects And Challenges Of Treasury Single Account In A Developing Economy (a Case Study Of Nigeria)
- Impact Of Job Training And Development On Employees Performance
- Profitability As A Tool For Performance Appraisal Of An Organization. (a Case Study Of Tantalizers Plc Ado - Ekiti Branch)
- An Evaluation Of Internal Audit As A Tool For Effective Management (a Case Study Of Great Nigeria Insurance Company)
- The Effect Of Taxation On The Economic Development Of Nigeria
- Financial Management As A Tool For Business Profitability And Survival (a Case Study Of Niger Insurance)