Performance of Equipment Productivity for Highway Projects - A Review

The largest share of investment capital in all developing countries finds its way in to construction. In our India construction industry are growing rapidly. The development of construction industry is the bare for all industrial activities in any developing country, since the economic progress depends on the investment of the capital for future production; the rate of construction activity has a significant effect upon the economic health of the nation and its future growth. Construction equipment plays a significant role in the execution of modern high-cost time-bound construction projects. Equipment is an economic investment and the contractors must apply time value analytical formula to the process of machine utilization. The most important aspect of estimating and building a construction project is determining production and cost and controlling both during the progress of work. The planning & selection of equipment is depends upon construction structure, location, and various construction methods. Also that depends on various construction operations. This study emphasizes the vital role of construction equipment in construction industries to optimize the profit by reducing the labour hours and also aimed to identifying the best practices of improving the productivity of construction for the Indian scenario. With this aid planning would be more systematic, logical and efficient as resource allocators and managers would be aware of output for particular equipment.