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IRJET- Influence of Stakeholders on Project Time Overrun
1.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 06 Issue: 02 | Feb 2019 www.irjet.net p-ISSN: 2395-0072 © 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 2568 Influence of Stakeholders on Project Time Overrun Sanya Sathyan Chakkalakal Assistant Professor, Dept. of civil Engineering, SSJCET, Maharashtra, India ---------------------------------------------------------------------***--------------------------------------------------------------------- Abstract- The relationship between stakeholders governs the overall performance of a construction project. Under the company “Kochi Metro Rail Limited” a case study has been conducted. The main aim wastoperformExternalStakeholder Analysis, and to find out the key stakeholders who will have influence on the successful outcome of the project and also to find out the stakeholders who can be amenacetothecompany on the basis of their power and influence level and find the various factors that cause delay has been done using pareto analysis. The proposed analysis was able to indicate the factors that causes 80 percentage of the delay and also to find out the stakeholder groups that influencetheprojectschedule. Key Words: Stakeholders Prioritizations, Power Interest Method, Key Stakeholders, Pareto Analysis. 1. INTRODUCTION Individuals or groups that benefit from an organization may be called as stakeholders. A case study at Kochi Metro under the company ―KMRLwasdone.Thestakeholdersassociated with the company are analysed individually and key stake holders have been indicated on the basis of Probability Impact method. The factors that lead to delay in this project are studied using Pareto Analysis. The study has examined factors leading to project success, and project participants‟ satisfaction on project performance. 2. CASE STUDY: KOCHI METRO Considering the influence of external stakeholders on Kochi Metro Project a case study has been conducted at Kochi, under the company “KMRL”. Fig.1 Representation of Stakeholders For the conducting the analysis the factors were identified and the external stakeholders were also identified and were grouped into four different groups.Concernsofstakeholders are generally different and requirements of different stakeholders are as a rule always diverse. Hence first various stakeholders with common need were categorized into four different groups:LandOwnersandLocal Residents, Regulatory Agencies (Special Tahasildar Office & Choornikara Panchayat), Political Parties & Environmentalists Public Works Department Ernakulam & Contractors.Separate questionnaireswerepreparedfor each group of stakeholders and each of them were analysed separately to get more clarity of the factors that actually effect the project time. Stakeholders views about the project was evaluated on a five point Likert scale (1 = Very slight impact and 5 = Very high impact). Fig.2 Newspaper clippings on Kochi Metro (Courtesy: The Hindu) 3. ANALYSIS A Pareto Chart is a widely used to obtain frequency or impact of problems .These charts are based on the Pareto Principle which states that 20% of the causes may lead to 80% of the problems. A scale from 1 to 5 was used to obtain the parameters vested interest level and influence of impact level. Level of impact of each group is identified by finding the average of impact ratings of each group and probability of impact is the ratio number ofstakeholderswhohaverated high level of impact for the factors listed to the total number of stakeholders. By identifying external stakeholders in the power/interest matrix, it is possible to understand how the influence of external stakeholders has developed in the course ofproject implementation. Despite this being a useful model there are
2.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 06 Issue: 02 | Feb 2019 www.irjet.net p-ISSN: 2395-0072 © 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 2569 certain problems connected with it. Instead of assessing power and interest it can be more relevanttoassessthelevel of the potential impact that external stakeholders have and the probability that impact of a given level will occur. Thus, the power/interest matrix could be translated into the impact/probability matrix. The parameters „vested interest levels‟ (probability of impact) and influence impact levels‟ (level of impact) are assessed on a scale from 1 to 5. Level of impact of each group is obtained by finding the average of impact ratings of each group and probability of impact is the ratio number of stakeholders who have rated high level of impact for the factors listed to the total number of stakeholders. Table 1: Stakeholder Analysis Fig.3 Impact/Probability Matrix Fig.4 Level of Impact 4. CONCLUSION The main findings from this research study shows that clashes between external stakeholders and the developer of a facility is mostly depend on their views of each other. Ifthe developer is not able to understand the problemsofexternal stakeholders, it results in an environment of distrust between the two parties. An effective external stakeholder analysis should identify the possible trade-offs that can be made without adjusting the aspirations of the project. An external stakeholder analysisshouldbeseenasanimportant component of the decision-making process required in any construction project and as a key input to the external stakeholder management procedure. Table 2: Critical Factors Affecting the Project
3.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 06 Issue: 02 | Feb 2019 www.irjet.net p-ISSN: 2395-0072 © 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 2570 REFERENCES 1. Aapaoja and Harri Haapasalo (2014) A Framework for Stakeholder Identification and Classification in Construction Projects, OpenJournal ofBusinessand Management, 02, 43-55. 2. Andrea Caputo (2013) Systemic Stakeholders’ Management for Real Estate Development Projects, Global Business and Management Research: An International Journal, 05, 66-82. 3. Ashwini Arun Salunkhe and Rahul S. Patil (2014) Effect of construction delays on project time overrun: Indian scenario, International Journal of Research in Engineering and Technology, 03, 543- 547. 4. Chan, D.W. and M.M. Kumaraswamy (1997) A comparative study of causes of time overruns in Hong Kong construction projects, International Journal of Project Management, 15, 55–63. 5. Doloi, H. (2008) Analysing the novated design and construct contract from the client's, design teams and contractors perspectives, Construction Management and Economics, 26, 1181–1196. 6. Doloi, H. (2009) Analysis of pre-qualification criteria in contractor selection and their impactson project success, Construction Management and Economics, 27, 1245–1263. 7. Hemanta Doloi (2012) Cost overruns and failure in project management – understanding the roles of key stakeholders in constructionprojects,Journal of Construction Engineering and Management, 28, 1- 44. 8. Hemanta Doloi, Anil Sawhney, K.C. Iyer and Sameer Rentala (2012) Analysing factors affectingdelaysin Indian construction projects, International Journal of Project Management, 30, 481-489. 9. Iyer, K.C. and K.N. Jha (2005) Factors affecting cost performance: evidence from Indian construction projects, International Journal of Project Management, 23, 283-295. 10. Iyer, K.C. and K.N. Jha (2006) Critical Factors Affecting Schedule Performance: Evidence from Indian Construction Projects, Journal of Construction Engineering and Management, 08, 871-881. 11. Jing Yang (2009) Exploring critical success factors for stake holders management in construction project, Journal of Civil Engineering and Management, 04, 337-348.
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