A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Role of Inflation in Construction: A Systematic Review
The construction industry is dynamic in nature and contributing to a great extent to the economic growth of any country yet being affected the most by influential factors causing distressed in the stakeholders. A systematic review was carried out in this study to evaluate the role of inflation in construction as inflation is considered as one of the most influential factors in the construction industry. Scopus database was selected to extract the English research articles from the year 2009 to 2019 with keywords of “Inflation” AND “Construction” in the field of engineering. Total of 210 articles was extracted and after reviewing the titles and the abstract in-depth, only 20 articles were left for further assessment. It was revealed that the major impact of inflation comes as cost and time overrun in construction projects and the construction industry is at high risk due to fluctuation in inflation over time. It is therefore recommended to consider the inflation before project start.
Role of Inflation in Construction: A Systematic Review
The construction industry is dynamic in nature and contributing to a great extent to the economic growth of any country yet being affected the most by influential factors causing distressed in the stakeholders. A systematic review was carried out in this study to evaluate the role of inflation in construction as inflation is considered as one of the most influential factors in the construction industry. Scopus database was selected to extract the English research articles from the year 2009 to 2019 with keywords of “Inflation” AND “Construction” in the field of engineering. Total of 210 articles was extracted and after reviewing the titles and the abstract in-depth, only 20 articles were left for further assessment. It was revealed that the major impact of inflation comes as cost and time overrun in construction projects and the construction industry is at high risk due to fluctuation in inflation over time. It is therefore recommended to consider the inflation before project start.
Role of Inflation in Construction: A Systematic Review
Lecture Notes in Civil Engineering
Mohammed, Bashar S. (editor) / Shafiq, Nasir (editor) / Rahman M. Kutty, Shamsul (editor) / Mohamad, Hisham (editor) / Balogun, Abdul-Lateef (editor) / Jaya, Indra (author) / Alaloul, Wesam Salah (author) / Musarat, Muhammad Ali (author)
Proceedings of the International Conference on Civil, Offshore and Environmental Engineering ; 2021 ; Kuching, Malaysia
2021-01-01
8 pages
Article/Chapter (Book)
Electronic Resource
English
Role of Inflation in Construction: A Systematic Review
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