scholarly journals Monte Carlo Simulation for Cost Forecasting in the Green Building Project

2020 ◽  
Vol 5 (18) ◽  
pp. 33-42
Author(s):  
Faridah Muhamad Halil ◽  
Hafiszah Ismail ◽  
Mohamad Sufian Hasim ◽  
Halim Hashim

Monte Carlo Simulation is a mathematical technique that generates random variables for modelling risk. This technique is suitable and benefits to the various client such as public and private sector to evaluate the costing prepared by the Quantity Surveyor.  The methodology used is a qualitative approach consisting of a case study and document analysis. The result shows through Monte Carlo simulation, can predict the worst return from the accuracy of the estimation and given absolute confidence for project development.  Keywords: Monte Carlo, Risk Analysis, Cost Prediction, Qualitative Approach eISSN 2398-4279 ©2020 The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.DOI:  https://doi.org/10.21834/ajqol.v5i18.204

2020 ◽  
Vol 5 (13) ◽  
pp. 75
Author(s):  
Faridah Muhamad Halil ◽  
Hafiszah Ismail ◽  
Mohamad Sufian Hasim ◽  
Halim Hashim

Monte Carlo Simulation is a mathematical technique that generates random variables for modelling risk. This technique is suitable and benefits to the various client such as public and private sector to evaluate the realistic costing proposed by the Quantity Surveyor. Through this approach, quality of life received by the client in investing budget without waste of propose funding in the construction project. The methodology used is a qualitative approach consist of case study and document analysis. The result shows through Monte Carlo simulation, can predict the worst return from the accuracy of the estimation and given absolute confidence for project development. Keywords: Monte Carlo, Risk Analysis, Cost Prediction, Qualitative Approach eISSN: 2398-4287 © 2020. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia. DOI: https://doi.org/10.21834/e-bpj.v5i13.2101


2017 ◽  
Vol 2 (2) ◽  
pp. 37
Author(s):  
Marlita Mat Yusof ◽  
Nurhazirah Hashim ◽  
Siti Noraini Mohd Tobi

This study applies Structural Equation Model for ICT usage in Higher Education (Usluel, Askar & Bass 2008) attempts to identify the level of ICT usage among academicians in UiTM and UNISEL, two higher institutions representing the public and private sector respectively. Subsequently, the relationship between the perceived attributes and the level of ICT usage among academicians is presented. This paper compares the difference and the most influential attributes of the aforementioned between the public and private learning institution. This paper concludes that there is a significant relationship between perceived attributes and the level of ICT usage among UITM and UNISEL academicians. However, UiTM registers compatibility whilst UNISEL records observability as their most influential perceived attribute that leads to the level of ICT usage. The findings of this research were made through questionnaire distributed to academicians from both institutions and the analysis was carried out to verify the hypotheses. Keywords: Level of Usage, Information Communication and Technology (ICT), Perceived Attributes, Academician © 2017 The Authors. Published for AMER ABRA by e-International Publishing House, Ltd., UK. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.


2018 ◽  
Vol 3 (10) ◽  
pp. 169
Author(s):  
Roshana Takim ◽  
Muhammad Hanafi Zulkifli ◽  
Abdul Hadi Nawawi

Technically, safety planning and project execution planning has been carried out separately for most BIM-based projects. As such, it leads to difficulties in monitor these planning simultaneously during construction phase. In this regards, the Automated Safety Rule Checking (ASRC) system is perceived to distinguish fall hazards by integrating the system in the existing BIM-model. This paper pursues to explore the integration of ASRC system within BIM-based projects in Malaysia. A cross-sectional survey was employed to large public and private organisations that involved with BIM. The data were analysed by using content analysis technique and revealed that ASRC system is yet to be incorporated into BIM-based projects in Malaysia.Keywords: ASRC System; BIM; Fall Hazard; SafetyeISSN 2398-4279 © 2018. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.


2020 ◽  
Vol 3 (3) ◽  
pp. 533
Author(s):  
Josua Guntur Putra ◽  
Jane Sekarsari

One of the keys to success in construction execution is timeliness. In fact, construction is often late than originally planned. It’s caused by project scheduling uncertainty. Deterministic scheduling methods use data from previous projects to determine work duration. However, not every project has same work duration. The PERT method provides a probabilistic approach that can overcome these uncertainties, but it doesn’t account for the increase in duration due to parallel activities. In 2017, the PERT method was developed into the M-PERT method. The purpose of this study is to compare the mean duration and standard deviation of the overall project between PERT and M-PERT methods and compare them in Monte Carlo simulation. The research method used is to calculate the mean duration of the project with the PERT, M-PERT, and Monte Carlo simulation. The study was applied to a three-story building project. From the results of the study, the standard deviation obtained was 5.079 for the M-PERT method, 8.915 for the PERT method, and 5.25 for the Monte Carlo simulation. These results show the M-PERT method can provide closer results to computer simulation result than the PERT method. Small standard deviation value indicates the M-PERT method gives more accurate results.ABSTRAKSalah satu kunci keberhasilan dalam suatu pelaksanaan konstruksi adalah ketepatan waktu. Kenyataannya, pelaksanaan konstruksi sering mengalami keterlambatan waktu dari yang direncanakan. Hal ini disebabkan oleh ketidakpastian dalam merencanakan penjadwalan proyek. Metode penjadwalan yang bersifat deterministik menggunakan data dari proyek sebelumnya untuk menentukan durasi pekerjaan. Akan tetapi, tidak setiap proyek memiliki durasi pekerjaan yang sama. Metode PERT memberikan pendekatan probabilistik yang dapat mengatasi ketidakpastian tersebut, tetapi metode ini tidak memperhitungkan pertambahan durasi akibat adanya kegiatan yang berbentuk paralel. Pada tahun 2017, metode PERT dikembangkan menjadi metode M-PERT. Tujuan dari penelitian ini adalah membandingkan mean durasi dan standar deviasi proyek secara keseluruhan antara metode PERT dan M-PERT dan membandingkan kedua metode tersebut dalam simulasi Monte Carlo. Metode penelitian yang dilakukan adalah menghitung mean durasi proyek dengan metode PERT, M-PERT, dan simulasi Monte Carlo. Penelitian diterapkan pada proyek gedung bertingkat tiga. Dari hasil penelitian, nilai standar deviasi diperoleh sebesar 5,079 untuk metode M-PERT, 8,915 untuk metode PERT, dan 5,25 untuk simulasi Monte Carlo. Hasil ini menunjukan metode M-PERT dapat memberikan hasil yang lebih mendekati hasil simulasi komputer daripada metode PERT. Nilai standar deviasi yang kecil menunjukan metode M-PERT memberikan hasil yang lebih akurat.


2020 ◽  
Vol 5 (SI1) ◽  
pp. 233-238
Author(s):  
Zulaipa Ruzulan ◽  
Suhaimi Ab Rahman ◽  
Rafeah Saidon ◽  
Hanifah Musa Fathullah Harun

There are queries on the halal status of food among Muslim consumers due to the accessibility of halal knowledge via mass media, and this needs for the jurists’ clarification (fatwa). Thus, this paper seeks to examine the determinant factors of fatwa’s decisions on food-related issues based on the approach of ‘urf. A qualitative approach which involved document analysis technique was applied from various authoritative sources. Furthermore, content analysis and constant comparative methods were used to analyze the data. This study will assist policymakers in dealing with food-related issues and help the public in identifying the rationale of the fatwa’s decisions.    Keywords: Fatwa; halal food; istiṭābah; ‘urf.    eISSN: 2398-4287 © 2020. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.   DOI: https://doi.org/10.21834/ebpj.v5iSI1.2325


2020 ◽  
Vol 5 (SI1) ◽  
pp. 263-267
Author(s):  
Rafidah Zainal ◽  
Ayub Md. Som ◽  
Nafsiah Mohamed

With regards to fighting corruption and promoting transparency in organization, agency integrity unit was established in 2013 in managing issues related to integrity. In addition, a Corporate Integrity Assessment Questionnaire (CIAQ) has been developed by the Malaysian Institute of Integrity in collaboration with several Malaysian academicians to measure the implementation of the integrity system in their organization. There were 173 respondents from Company A (public sector), and 220 respondents from Company B (private sector) and the findings showed that Company A has integrity level between 75% to 100% . In contrast, Company B integrity level is between 50% to 75%.     Keywords: corporate integrity, public sector, private sector, statutory body.    eISSN: 2398-4287 © 2020. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.   DOI: https://doi.org/10.21834/ebpj.v5iSI1.2329


2016 ◽  
Vol 1 (3) ◽  
Author(s):  
Mohammad Halim Jeinie ◽  
Mohd Shazali Md. Sharif ◽  
Mazni Saad ◽  
Norazmir Md Nor

 This study examines the effectiveness of food safety and hygiene practice (FSHP) among restaurants in a selected Malaysian hotel and impact of FSHP toward culinary intern. It is essential to examine effectiveness FSHP among the hotel restaurants and its impact on culinary intern towards producing competent food handler. Using qualitative method, five (5) of culinary intern were interviewed. The data were then transcribing and analyzed using Atlas.ti software. Finding of a current study confirming the effectiveness FSHP in a hotel restaurant in Malaysia depends on the type of hotel, star rating, and location.© 2016. The Authors. Published for AMER ABRA by e-International Publishing House, Ltd., UK. Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies, Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.Keywords: Food safety; food hygiene practices; culinary; culinary intern


2018 ◽  
Vol 3 (10) ◽  
pp. 139
Author(s):  
Faridah Muhamad Halil ◽  
Mohammed Fadhil Mohammed ◽  
Rohana Mahbub ◽  
Ani Saifuza Shukur

The purpose of this paper is to explore the concept of supply chain partnering practiced in Industrialised Building System. The relationship was based on the elements of trust, share a vision, decision-making and continuous improvement. The methodology adopted used quantitative and qualitative approach. Outcomes of the results, the public clients point out on the element of trust in between contractors were based effectiveness of communication. Meanwhile, the private client indicates competence of work as a successful element of trust in supply chain partnering in Industrialised Building System.Keywords: Strategic; Supply Chain; Trust; Mixed MethodeISSN 2398-4279 © 2018. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.


2018 ◽  
Vol 3 (10) ◽  
pp. 48-58
Author(s):  
Mawar Masri ◽  
Rodzyah Mohd Yunus ◽  
Sabarinah Sh. Ahmad

This paper presents a review on holistic approaches of green building assessment tools (GBAT) for sustainable development (SD) showing the trends and conceptual framework. The method of the study is through literature review which highlighted the socio-cultural inadequacy of most GBAT. The paper proposes several hypotheses. Firstly, to use a holistic universal method to assess sustainability within the community’s cultural context. Secondly, the assessment criteria for sustainability from the socio-cultural viewpoint would differ from the conventional tools. Thirdly, the study proposes that the community would prefer to shape their future environment with specific preferred values in their home environment. Keywords: holistic approach; green framework; cultural; Malay community. eISSN 2514-7528 © 2018. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open-access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia. DOI: https://doi.org/10.21834/jabs.v3i10.304  


Author(s):  
Elise Machline ◽  
◽  
David Pearlmutter ◽  

Over the last two decades, greenhouse gas abatement through energy conservation has become a major goal in developed countries. This challenges the building sector to become more environmentally responsible and resource-efficient, especially since it represents a large potential source of energy savings. In recognition of the benefits of green building, an increasing number of countries are devising green strategies for both public and private sector construction. Studies have examined the construction cost “premium” involved in achieving green certification, suggesting that the additional costs are relatively low, around 2% on average. Evidence indicates, however, that “green premia” in terms of rental and sales prices of properties in certified green buildings are systematically higher than 2%. Thus, making ‘green’ buildings affordable to sectors of the population which “need” it the most, will likely depend on government funding.


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