top of page

Cost, Time and Quality | The Golden Triangle in Construction

Updated: Apr 21



Project Failure (Cost, Time and Quality)


In all developed projects, a balance between cost and value must be established (CIOB, 2014). The nature of the project would be influential in determining the prioritised objective of time, cost or quality/performance. As outlined in the publication by the Society of Construction Law (CIOB, 2014), the most common causes that result in a project failure, where the lack of clear links between the project and the client’s organisation key strategic priorities with a misunderstanding on the agreed measures of success were the causes of projects not achieving the promised deliverables.


Recent researched into major projects by (Dalton, 2008) as shown in Table 1 found that 75-80% of the causes of projects failing were due to procurement, the definition of project requirements and the client’s management capabilities.


Top 10 risk sources of infrastructure projects failure (Dalton, 2008)

Table 1 - Top 10 risk sources of infrastructure projects failure (Dalton, 2008)


Procurement Models

Want to read more?

Subscribe to structuresinsider.com to keep reading this exclusive post.

bottom of page