Thesis (DBA) - Cyprus International University. Institute of Graduate Studies and Research Business Administration Department

Includes bibliography (sheets 184-203)

ABSTRACT
Construction industry in Oman is expected to experience growth owing to the
ambitious infrastructural development plans Oman Vision 2040 that were put in place
to put Oman economy on a high growth projector path as envisioned by His Majesty
Sultan Haitham Bin Tariq, Sultan of Oman. Oman is considering breaking the cycle
of over-dependency on Oil and Gas by reducing its hydrocarbon-derived GDP by 50%
by 2040 to a more diversified economic base. Despite the huge numbers of researches
on the construction industry performance worldwide for the past two decades.
Unfortunately, projects delay and cost overrun still is the most popular problems
without effective solutions. Thus, there is a need to study in depth about the factors
that causes projects delay and cost overrun in Omani construction industry. This study
explored the major factors influencing projects delay and cost overrun in Omani
construction projects. A quantitative study with 130 respondents from different
projects stakeholders and different sectors involved in the construction industry in
Oman were conducted to identify the impact levels of those main factors to the
projects delay and cost overrun. The study also identified the mitigation measures for
eradicating such incidences. Based on the findings, a specific recommendation was
given based on the projects stakeholders involved and based on identified causes
which can be used by projects management professionals to prevent the projects delay
and cost overrun. The study identified that the projects delay and cost overrun would
have significant impacts on Oman economic growth. The study gave practical
recommendations which can be used by Oman government organisation and decision
makers to accelerate the country economic growth and implement the Oman Vision
2040 effectively.