Factors Contributing to Cost Escalation and Delay of Public-Private Partnership Projects in Maldives Construction Industry

The purpose of the research is to identify the factors that contributes to cost escalation and delay of PPP construction projects in Maldives and to identify the significant factors in the perspective of the actors (client, contractor and consultant). In this quantitative research, a survey comprising the actors who have had previous experience in the field of PPP construction projects were used. The data analysis was carried out using Relative and Important Index (RII). The key findings indicate that the most significant factor for cost escalation is scope changes, followed by schedule delay and technical challenges and the most significant factor for project delay was delayed payments, followed by financial process, changes in drawings and poor supervision. The study contributes to the body of knowledge in construction industry by identifying the most significant factor which contributes to cost escalation and project delay in Maldives. The study is particularly useful for policymakers as a guide for planning and implementing PPP projects in the construction industry of Maldives.