scholarly journals Exploring Private Finance Initiative Implementation Issues in Malaysia Construction Projects: A Way Forward

2020 ◽  
Vol 5 (SI3) ◽  
Author(s):  
Nor Suzila Lop ◽  
Kharizam Ismail ◽  
Haryati Mohd Isa ◽  
Natasha Khalil
Keyword(s):  
Project Management ◽  
Construction Projects ◽  
Project Implementation ◽  
Value For Money ◽  
Private Finance Initiative ◽  
Implementation Challenges ◽  
Private Finance ◽  
Operational Level ◽  
Diverse Backgrounds

Private Finance Initiative (PFI) was introduced in 2006 aimed at achieving value for money. Nevertheless, most of the PFI projects in Malaysia are currently facing difficulties in meeting the expectation. Therefore, a brainstorming workshop involving 69 PFI practitioners from diverse backgrounds was conducted to investigate the implementation issues at the operational level and strategies towards achieving the project goals. The results showed that skills and knowledge, procedures and implementation, challenges in project management, and conflict on documentation were among the issues debated among workshop participants. “Loopholes” were identified to facilitate the improvement of the PFI project implementation in Malaysia.

scholarly journals The Malaysian Private Finance Initiative and Value for Money

2009 ◽  
Vol 5 (3) ◽  
Author(s):  
Roshana Takim ◽  
Kharizam Ismail ◽  
Abdul Hadi Nawawi ◽  
Aini Jaafar
Keyword(s):  
Value For Money ◽  
Private Finance Initiative ◽  
Private Finance

The private finance initiative and value for money

2006 ◽  
Vol 24 (4) ◽  
pp. 363-373 ◽  
Author(s):  
Michael Pitt ◽  
Norman Collins ◽  
Andrew Walls
Keyword(s):  
Value For Money ◽  
Private Finance Initiative ◽  
Private Finance

BIM Technologies In Building Construction Projects Management In Russia

2019 ◽  
pp. 48-59
Keyword(s):  
Project Management ◽  
Economic Efficiency ◽  
Technology Implementation ◽  
Management System ◽  
Construction Projects ◽  
Technology Development ◽  
Integrated Management ◽  
Building Construction ◽  
Information Modeling ◽  
Project Management System

The international experience of integrating building information modeling (BIM) into project management system with innovation implementation accent has been revealed in this article. The events carried out on federal and regional levels concerning the President of Russia directive on building construction industry modernization and construction objects transferring to life cycle management by means of BIM were analyzed. The large company experience of implementing BIM was summarized with describing some examples in different cities and regions of our country and thus the main directions of this technology development were determined. The key points of BIM and project management system pairing and impacting an innovation choice witch determine the project economic efficiency in the integrated management system were shown. The main reports of "Building construction projects technology and management: new practices and prospects" conference by Moscow Trade and Commerce Chamber were reviewed in this direction and problems of the new investment and construction project management technology implementation were shown. The ways to solve these problems were disclosed by work examples of PAO "Sberbank", and successfully working in our country firms Bilfinger Tebodin - BIM design and Beiten Burkhard -jurisdiction support. Some economic efficiency questions of BIM implementation were disclosed in the report delivered by The Plekhanov University of Economics (project and program management base department of Capital Group). Management system suggestions, regarding BIM implementation in Moscow construction were given.

Sign in / Sign up

Export Citation Format

Share Document