scholarly journals Investigation on factors that contribute to the abandonment of building in construction industry in Malaysia

2018 ◽  
Vol 34 ◽  
pp. 01025 ◽  
Author(s):  
Nur Farhayu Ariffin ◽  
Mohd Faizal Md Jaafar ◽  
Mohamad Idris Ali ◽  
Noram Irwan Ramli ◽  
Khairunisa Muthusamy ◽  
...  
Keyword(s):  
Economic Growth ◽  
Construction Industry ◽  
Current Data ◽  
Project Delivery ◽  
Construction Sector ◽  
Housing Project ◽  
Construction Work ◽  
Financial Problem ◽  
Project Completion ◽  
Main Factor

In Malaysia, the construction sector is one of the important sectors that contribute to economic growth and employments. However, a major concern facing the construction industry is the growing rate of delays in project delivery. In the worse cases, the projects were abandoned due to some reasons when the contract period ended. Abandoned building defines as construction work that has been continuously stalled for 6 months or more, during the project completion period or beyond the scheduled date of completion. When the projects become abandoned, it gives an adverse effect on many parties such as the developer, contractor, consultant and also client. According to previous researchers, the abandonment of building causes a serious problem and need some mitigation plan to avoid this problem from occurring. This study will investigate the fundamental factors that contribute to the abandonment of building and projects in Malaysia based on the current data of the abandoned building in most states in Malaysia. The data was collected from the respondents who is in the construction industry and had experience working with abandoned housing project. Form the respondents perspective, it shows that the main factor contribute to the building abandonment is due to the financial problem facing by the developer company.

scholarly journals Value Management in Practice: An Interview Survey

2012 ◽  
Vol 4 (2) ◽  
pp. 11-18 ◽  
Author(s):  
Therese Daddow ◽  
Martin Skitmore
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Project Delivery ◽  
Value Management ◽  
Practical Implementation ◽  
Construction Work ◽  
Value For Money ◽  
Extra Time ◽  
Prescriptive Literature ◽  
Interview Survey

Despite its obvious theoretical benefits, there has been some reservations regarding the practical implementation of Value Management (VM) for construction projects. In particular, these concerns the extra time and costs involved in conducting VM in relation to the actual benefits gained as a consequence of its use. This paper provides the result of an interview survey of the experiences and observations of 17 professionals working in the property and construction industry to establish the extent to which this is an issue. The main conclusion is that the process is working well, with VM being popular among those with experience in its use - which has been extended into the area of consultant selection. However, in contrast with the prescriptive literature, much of the participants' experiences appear to be more concerned with VM's contribution to the identification and management of the risks involved in project delivery than the straight value-for-money aspects. This may be due to the higher levels of uncertainty involved in construction work than in VM's original use in construction.

PREQUALIFICATION METHOD STATEMENT IN CONSTRUCTION PROCUREMENT

2018 ◽  
Vol 5 (2) ◽  
Author(s):  
Benedetta Bossi ◽  
Natale Massimo Minotti
Keyword(s):  
Life Cycle ◽  
Construction Industry ◽  
Project Delivery ◽  
Competitive Environment ◽  
Selection Strategy ◽  
Construction Sector ◽  
Construction Process ◽  
Project Life Cycle ◽  
Procurement Strategies ◽  
Project Life

The current competitive environment within the construction sector is increasingly difficult and challenging, leading all the main players to increase their focus and efforts upon procurement strategies and policies. Therefore, procurement practice is important in order to effectively perform and close out the construction process and meet stakeholders' needs. Starting from a deep analysis of procurement processes framed within the project life cycle, the research proposed the prequalification phase as a selection strategy necessary to identify the contractor. In order to select the project delivery system most suitable to the customer and the project to be developed, an operating procedure has been proposed, allowing who deals with procurement better ruling the purchasing processes. In the proposed procedure, each activity is defined through a general overview, the execution process and its tools. The outputs of the study are also sample documents and model forms that can be easily utilized assisting the procurement phase. Thus, since the procurement process has assumed increasing importance in the strategic planning of the construction industry, the aim of the research is to provide a prequalification method necessary to select the most suitable contractor before the tender, in order to reduce any risks during the entire construction process.

Review of Causes of Delay in Construction Projects

2020 ◽  
Vol 17 (2) ◽  
pp. 715-728
Author(s):  
Abdulhamid Al-Gheth ◽  
Md. Sayuti Bin Ishak
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Research Study ◽  
Project Delivery ◽  
International Studies ◽  
Exploratory Research ◽  
Factors Affecting ◽  
Project Completion ◽  
Financial Factors ◽  
Main Factors

Globally, construction delay is the main factors which have a high impact on countries’ economy and development. The present paper reports an exploratory research study of previous international research into delay factors affecting project delivery. The objective of this study was to deliver an overview of construction delays in order to classify the main groups of delays and compare the UAE construction industry with international studies. In total, 14 groups were found to contribute to causing construction delays. Studies of the global and UAE construction industry are in agreement that the leading group of factors that affect project completion are management factors; then, the second group comprises financial factors.

scholarly journals Assessing the Duties and Competencies of Female Quantity Surveyors

2015 ◽  
Vol 12 (1) ◽  
pp. 129 ◽  
Author(s):  
Mastura Jaafar ◽  
Alireza Jalali ◽  
Nurhafifah Mohd Sini
Keyword(s):  
Construction Industry ◽  
Professional Practice ◽  
Core Competencies ◽  
Financial Statements ◽  
Peninsular Malaysia ◽  
Financial Control ◽  
Construction Work ◽  
Construction Firms ◽  
Project Completion ◽  
Contract Administration

<p>Quantity surveyors (QSs) in developing countries remain tied to their traditional duties. This study aims to investigate the level of duties and competencies of female QSs in the Malaysian construction industry. The research objectives are determined via a questionnaire administered to 37 construction firms around Peninsular Malaysia. In relation to the three types of competencies, female QSs possess mandatory competencies in teamwork and conduct rules, ethics, professional practice, communication, and negotiation. They also possess the core competencies of procurement and tendering, quantification and costing of construction work and project financial control and reporting and optional competencies in project evaluation, contract administration, and contract practice. Their main duties are focused on tasks related to the pre tendering, construction, and project completion stages, which involve final account, cost control, costing, and preparation of financial statements. These duties are significantly correlated with major competencies, such as procurement, quantification, costing of construction work, and project financial control. This study shows that the involvement of female QSs in the construction industry in Malaysia remains dominated by the traditional practices. Based on the profile of the respondents, this study considerably reflects the middle categories of female QSs who work in quantity surveying firms.</p>

scholarly journals Ways of Developing Priorities for the Development of Small Business and Private Enterprise the Construction Sphere

2021 ◽  
Vol 7 (1) ◽  
pp. 335-339
Author(s):  
A. Abdullaev
Keyword(s):  
Small Business ◽  
Construction Industry ◽  
Industrial Development ◽  
Annual Growth Rate ◽  
Construction Sector ◽  
Construction Work ◽  
Factors Affecting ◽  
Fixed Assets ◽  
Investment In Fixed Assets ◽  
Construction Works

This article discusses scenarios for determining priorities and prospects for the development of small business and private entrepreneurship in the construction industry, and also gives recommendations for increasing the volume of construction work. Thus, according to our analysis, the main factors affecting the development of the construction industry in the Tashkent region are industrial development, nominal wages, population and investment in fixed assets, and the main difference in these indicators in regional units is considered a serious problem. According to the results of the developed scenario, reducing the gap between these indicators in regional units will increase the annual growth rate of construction and installation work from 10.1% to 23.9%, which, in turn, will increase the number of builders in the construction sector by 242 units. As a General conclusion, the organization of payments between the manufacturer and the customer when purchasing products in the construction industry affects the development of the network, as well as CBS. In addition, gradual payment by the customer based on payment for completed construction works will play an important role in the development of market legislation in the industry, the elimination of monopolies and the development of IFRS.

scholarly journals Current Situation and Development of Green Building Rating System in Myanmar

2020 ◽  
Vol 312 ◽  
pp. 01003
Author(s):  
May Lwin ◽  
Kriengsak Panuwatwanich
Keyword(s):  
Economic Growth ◽  
Construction Industry ◽  
Green Building ◽  
Assessment Tools ◽  
Energy Output ◽  
Construction Sector ◽  
Local Conditions ◽  
The Public ◽  
Job Opportunities ◽  
Initial Stage

Since 2016 Myanmar has undergone political and economic reforms. A movement to develop the country with economic growth is a significant matter for the country. In Myanmar, the construction sector is a main driving force for the country’s economy in terms of investments and job opportunities of citizens. Electricity used for the construction industry leads to the insufficient energy output of the country. Moreover, waste and pollution are inevitable as a result of Myanmar’s economic growth. Green building development in Myanmar is in its initial stage but currently lacks governmental, or voluntary support to devise appropriate rules and regulations for green construction. In particular, the lack of awareness among developers, stakeholders, architects, engineers, contractors, employees and the public about green building has worsened the development progress. This paper reveals why green building development is needed in Myanmar and provides an overview of the current level of green growth in Myanmar. In addition, this paper compares widely used seven existing environmental assessment tools around the world – LEED, BREEAM, Green Mark, Green Star, Three Star – Chinese Green Building Label-3, CASBEE, and HQE as references for the development of green building rating tool with the view to identify aspects that are compatible with the local conditions of Myanmar.

scholarly journals THE STUDY OF GROWTH FACTORS OF THE PROFIT ORIENTED BUSINESS IN THE CONSTRUCTION INDUSTRY

2018 ◽  
Vol 6 ◽  
pp. 361-365
Author(s):  
Sergey Oparin ◽  
Nikolay Chepachenko ◽  
Marina Yudenkо ◽  
Irina Kuzovleva
Keyword(s):  
Economic Growth ◽  
Transaction Costs ◽  
Construction Industry ◽  
Institutional Factors ◽  
Construction Sector ◽  
Construction Process ◽  
Construction Companies ◽  
Number Of Factors ◽  
The Impact

This study concluded that the problems of economic growth are determined by a number of factors, the main of which are – economic, industrial, technological, institutional, non-economic. The article focuses on the analysis of institutional factors which regulate companies’ activities by reducing the impact of administrative barriers. This article identifies the role of economic efficiency and its influence on the economic growth of the construction industry businesses. This article offers a method of profit calculation by the reduction of transaction costs. This method is adapted to the construction sector, which features a number of independent and related fields, a large number of participants of the construction process and institutions that altogether lead to the occurrence of administrative barriers. The calculations that were done confirm that the reduction of transaction costs affects the efficiency of construction companies. The resulting extra profit, from reducing the transaction costs, is a source of economic growth for companies in the construction industry.

scholarly journals Modeling for incentive payoffs in the Nigerian construction industry

2016 ◽  
Vol 14 (3) ◽  
pp. 543-562 ◽  
Author(s):  
Amaka Chinweude Ogwueleka ◽  
Marthinus Johannes Maritz
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Principal Component ◽  
Performance Criteria ◽  
Project Delivery ◽  
Construction Sector ◽  
Incentive Mechanisms ◽  
Content Type ◽  
Management Staff ◽  
Frequency Counts

Purpose Incentives are mechanisms used to create genuine opportunity for contracting parties to work together to achieve good results, rational returns and bear appropriate risks. The question of how to motivate the construction workforce rightly so as to achieve best performance has remained paramount to project owners. This paper aims to investigate on how to model for incentive payoffs in the Nigerian construction industry to effectively use the benefits of incentive mechanisms. Design/methodology/approach The collected data are analysed using descriptive and inferential statistics, such as frequency counts, charts and principal component analysis. Findings The findings reveal the metrics for measuring organisational incentive payoff and the scaling factor for each metric. The study further develops the employee incentive payoff models for both operational workers and management staff in the construction sector. Originality/value This study provides a practical solution to the application of incentive mechanisms in construction projects. The paper recommends the need for restructuring of incentive mechanisms to significantly impact on other performance criteria, therefore contributing to best performance in project delivery.

scholarly journals Settlement of Construction Dispute in Building Bridge through the Indonesian National Arbitration Agency (Bani)

2020 ◽  
Vol 6 (03) ◽  
Author(s):  
Deny Haspada
Keyword(s):  
Economic Growth ◽  
Legal Issues ◽  
Construction Sector ◽  
Time Cost ◽  
Construction Work ◽  
Construction Market ◽  
Construction Disputes ◽  
Building Bridge ◽  
Construction Services ◽  
Work Contract

In a construction work contract, legal disputes often occur during the implementation of the construction work contract, because there are achievements that are late and cannot satisfy one of the parties in the contract. Construction disputes have an impact on legal issues that result in time, cost losses and hinder the contribution of the construction sector in economic growth. The growth of the construction market in the era of globalization is also accompanied by high levels of legal disputes. With the issuance of the Law No. 2 of 2017 regarding Construction Services, it is hoped that problems relating to construction disputes will be more quickly resolved.

scholarly journals Assessment of Change Orders Attributes in Preconstruction and Construction Phase

2019 ◽  
Vol 5 (3) ◽  
pp. 616
Author(s):  
Ali Raza Khoso ◽  
Jam Shahzaib Khan ◽  
Rizwan Ullah Faiz ◽  
Muhammad Akram Akhund
Keyword(s):  
Economic Growth ◽  
Construction Industry ◽  
Construction Projects ◽  
Critical Factors ◽  
Extensive Discussion ◽  
Change Orders ◽  
Design Modification ◽  
Project Completion ◽  
Change Order ◽  
The Right

Construction projects are very complex in nature. Each activity involves multiple varying tasks. Construction industry is the main source of economic growth. When change order occur performance of projects momentously affected.  Change orders often have a serious impact on the quality, time and cost. Eventually it results in disputes, delays, and dissatisfactions among stakeholders and ultimately results in failures of projects. In past several studies have been done to evaluate the causes of change order and its effects. Attempts have been made to quantify these impacts by many researchers, but the aim of this study is to identify the causes of change order in two different phases i.e. preconstruction and construction stage. Views were taken from relevant experts over included factors after in-depth literature review from past researches. A questionnaire was made and floated with different construction players from clients, consultants and contractors side. The data was analyzed by SPSS using average index technique. The analysis of data showed that, Mistakes in specifications, Mistakes in design and Lack of experience in selecting construction team by client are the most critical factors during preconstruction phase. Whereas, Design modification by owner, change in scope at later stage and Delays in payment by client are most critical factors of construction phase, responsible for change order. The extensive discussion of these factors revealed various parameters related to Pakistan construction. This study will enable the clients, consultants and contractors to be aware of factors which causes changes in orders and their consequences on project completion. By the identification of possible reasons, the right decisions can be made to mark the project successful.

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