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EXPERIENCES ON LOSSES DURING IMPLEMENTATION OF ROAD INFRASTRUCTURE PROJECTS IN REPUBLIC OF N. MACEDONIA

Abstract

During the implementation of the road infrastructure projects, losses occur, the so-called "waste" that refers not only to materials and other resources, but also to time and other elements of the project. Losses result in a reduction in the economy, efficiency and labor productivity, and sometimes have impacts on the quality of the project product-object. The result is a project with generated losses, expressed as increased costs and a higher final product price, which will ultimately have to be paid by the contractor and the client / employer. It has been observed that most of the road infrastructure projects that are implemented in our country are not completed within the specified and agreed time for completion and that on many projects the extension of time is once and sometimes more than twice. Experiences can serve to reduce costs and preserve the anticipated budget, reduce claims due to delays and more precisely define the necessary period for completion of the projects, i.e. respecting the agreed time for completion as a significant factor affecting the increase of the final price for construction. In present conditions, when there is an unpredictable and huge increase of the materials and services, and it is very difficult to predict that increase in a short period of time (in months) and even less in a period (in years), the problem of extending the time for completion is much greater and more pronounced

Authors
1. Prof. Dr. sc. Valentina Žileska Pančovska
2. Prof. Goran Mijoski
3.Mr. Tomislav Kovachovskii
Keywords
construction projects, losses, delay, deadline

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