UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Volume 11 Issue 6
June-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2406715


Registration ID:
542896

Page Number

h160-h165

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Title

Evaluating Key Factors Affecting Tender Process in Fast Track Construction Projects in Egypt: A Literature Review

Abstract

Tendering is the process of inviting bids for construction work packages. Accurate estimates during tendering are crucial for project success. However, estimating costs in advance is challenging, particularly in fast-track projects. Contractors' lack of knowledge in addressing tendering mistakes often leads to cost and time overruns in such projects. This paper aims to Evaluate Key Factors Affecting Tender Process in Fast Track Construction Projects in Egypt. In this paper 53 journal articles published from 1992 to 2022 were reviewed that covered a wide range of topics related to tendering and cost estimation in construction projects and fast track projects. In addition, it identifies the research gaps and potential upcoming research guidance. Moreover, it examined factors that affect tender costs. It was found that there are 29 factors that were identified as influential in determining tender prices and after analyzing and studying these factors it was found that these actors can be related and divided into 6 categories (Internal factors, stakeholders’ factors, project phase factors, external factors, and market conditions). In this study all these factors were defined and studied to be able to identify the impact of each factor on cost estimation. This paper should assist researchers by providing information on how to address the challenge of tendering in fast-track construction projects.

Key Words

Tendering is the process of inviting bids for construction work packages. Accurate estimates during tendering are crucial for project success. However, estimating costs in advance is challenging, particularly in fast-track projects. Contractors' lack of knowledge in addressing tendering mistakes often leads to cost and time overruns in such projects. This paper aims to Evaluate Key Factors Affecting Tender Process in Fast Track Construction Projects in Egypt. In this paper 53 journal articles published from 1992 to 2022 were reviewed that covered a wide range of topics related to tendering and cost estimation in construction projects and fast track projects. In addition, it identifies the research gaps and potential upcoming research guidance. Moreover, it examined factors that affect tender costs. It was found that there are 29 factors that were identified as influential in determining tender prices and after analyzing and studying these factors it was found that these actors can be related and divided into 6 categories (Internal factors, stakeholders’ factors, project phase factors, external factors, and market conditions). In this study all these factors were defined and studied to be able to identify the impact of each factor on cost estimation. This paper should assist researchers by providing information on how to address the challenge of tendering in fast-track construction projects.

Cite This Article

" Evaluating Key Factors Affecting Tender Process in Fast Track Construction Projects in Egypt: A Literature Review", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 6, page no.h160-h165, June-2024, Available :http://www.jetir.org/papers/JETIR2406715.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

" Evaluating Key Factors Affecting Tender Process in Fast Track Construction Projects in Egypt: A Literature Review", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 6, page no. pph160-h165, June-2024, Available at : http://www.jetir.org/papers/JETIR2406715.pdf

Publication Details

Published Paper ID: JETIR2406715
Registration ID: 542896
Published In: Volume 11 | Issue 6 | Year June-2024
DOI (Digital Object Identifier):
Page No: h160-h165
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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