One of the most important factors in determining the success of a construction project in terms of speed, quality cost and safety of work is the formwork used in the project as it accounts about 40% of the total project cost of the structure. When considering a construction projects both the client and contractor want to finish the job early as the client wants to use the building for the intended purpose as soon as possible. The contractor wants to finish the construction as soon as possible to gain a higher profit. The most efficient way to speed up the work in high-rise building construction is by achieving a very short floor cycle. The floor cycle of a building mainly depend on the formwork type as it is the main time factor of a building project. The aim of this paper is to present about the existing formwork types in Sri Lanka and to show how each one will affect the project duration, project cost and the quality of the work. For that a research has been carried out and the results will present in this paper
