INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Modelling the construction payment process is a means towards identifying the causation of delayed payment so as to address the root cause of payment problems. Fifty-four (54%) of delayed payment causes are traceable to the payment processes adopted in the construction industry. This paper focused on understanding the causes of delayed payment within construction payment process. Existing Payment problems were modeled vis-a-vis their sources. The findings show that employers are most responsible for delayed payment and that most of the causes of delayed payment are process-related issues. The model provides information to the lack of mechanism to relate the various causes of delayed payments to the payment process.
Keywords:
process, payment, requirement, modelling
Cite Article:
"Payment process modelling: a panacea for delayed payment of construction projects ", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 8, page no.525-532, August-2022, Available :http://www.ijnrd.org/papers/IJNRD2208059.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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