Where Are We? The Level of Risk Management in Malaysian Construction Industries

Over the decade, the level of risk management has always been lingering in every construction industry sectors. Therefore, this research deeply investigated the level of risk management among Kuantan Malaysian construction industries to better promote effectiveness on risk management implementation within the industry. To address this issues, this study makes use of statistical package for the social sciences (SPSS) approach to validate construction risk management (CRM) as a construct from registered Grade-7 contractors operating in Malaysia point of view. With a cross-sectional survey and proportionate stratified random sampling techniques, data were gathered from 87 G-7 contractors through a structured questionnaire. Methodologically, this research perhaps might be the first to determine the level of risk management where Kuantan Malaysian construction industries belong to. Using the five-point Likert scale categories (very low, low, medium, high and very high) of risk management from previous studies, statistical analysis affirmed that the overall level of risk management among Kuantan Malaysian construction industries is at the high level

Reviewing Risk Process Integration Effectiveness into Malaysia’s Landscape Architecture Project Lifecycle

This paper explores the effectiveness of risk process integration into landscape architecture project lifecycles, a subject that found to be lacking in risk management studies. The fieldwork of data collection conducted through structured interviews as well as document reviews from three completed landscape architecture projects in Klang Valley, Malaysia. The collected data analysed using content and thematic analysis. The research found that the risk process ineffectively integrated into project lifecycle with results presenting incomplete process, unplanned and redundant activity flows. The study suggests that common practice constrains practical risk management application that then restrains its benefit realisation.Keywords: risk management; risk process; project lifecycle; landscape architecture projecteISSN: 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.v5i13.199

Where are we? the level of risk management in Malaysian construction industries

Over the decade, the level of risk management has always been lingering in every construction industry sectors. Therefore, this research deeply investigated the level of risk management among Kuantan Malaysian construction industries to better promote effectiveness on risk management implementation within the industry. To address this issues, this study makes use of statistical package for the social sciences (SPSS) approach to validate construction risk management (CRM) as a construct from registered Grade-7 contractors operating in Malaysia point of view. With a cross-sectional survey and proportionate stratified random sampling techniques, data were gathered from 87 G-7 contractors through a structured questionnaire. Methodologically, this research perhaps might be the first to determine the level of risk management where Kuantan Malaysian construction industries belong to. Using the fivepoint Likert scale categories (very low, low, medium, high and very high) of risk management from previous studies, statistical analysis affirmed that the overall level of risk management among Kuantan Malaysian construction industries is at the high level

Advocating sustainable building paradigm through value management

Sustainability issues had become one of the top issues of Malaysia construction industry. The implication of sustainable dimensions into construction project helps in generating buildings which are energy efficient, healthy, comfortable and flexible while at the same time increases its durability. Value management (VM) is proposed as a tool used to promote sustainable building (SB). VM aims to achieve optimum value of a project based on its objectives and its approach is much similar w ith sustainability which ideally focusing on achieving values, not just economically, but environmentally and social aspects of the project. This paper investigated the practicability of the VM-SB integration in the Malaysia construction industry. It explores the development and practices of VM-SB concept as well as assessing the perfonnance criteria of integrating VM in SB projects. Findings from the questionnaire surveys which were distributed to G7 contractors show ed that the VM-SB integration is still low7 but gradually increasing. More know ledge and understanding of both concepts are needed prior to be implemented into a project as there are potentials for VM-SB concept to be adapted to all projects in the near future

Dispute avoidance procedure: observing the influence of legal culture towards a workable legal system

It is pertinent to specifically conduct research on the viability of introducing dispute avoidance procedure (DAP) for construction industry due to the lack of research in this area, as most of the current research covers various issues within dispute resolution procedure and management field. The objective of this study is to examine the future of DAP in the Malaysian construction industry by looking into the perceptions of the construction industry players. Data were collected through interview of selected respondents and analyses to reveal patterns to help formulate a viable DAP mechanism. NVivo software has been used to manage and organise complete interview transcripts and facilitate data analysis process for this study. This study reveals that the existing DAP mechanisms are not viable for the Malaysian construction industry at present, mainly due to the issue of costing. Thus, a modified version of DAP was formulated to promote a viable mechanism. This study suggests that the structural elements of a viable DAP mechanism could be in the form of an 'involvement of top management' from both contracting parties (without the involvement of any third parties) who are decision makers or persons with financial authority, and the process is through 'discussion and negotiation'. In essence, this study captures the legal culture and trade usage of the industry which assisted the formulation of a viable DAP mechanism

Where are we? the level of risk management in Malaysian construction industries

Over the decade, the level of risk management has always been lingering in every construction industry sectors. Therefore, this research deeply investigated the level of risk management among Kuantan Malaysian construction industries to better promote effectiveness on risk management implementation within the industry. To address this issues, this study makes use of statistical package for the social sciences (SPSS) approach to validate construction risk management (CRM) as a construct from registered Grade-7 contractors operating in Malaysia point of view. With a cross-sectional survey and proportionate stratified random sampling techniques, data were gathered from 87 G-7 contractors through a structured questionnaire. Methodologically, this research perhaps might be the first to determine the level of risk management where Kuantan Malaysian construction industries belong to. Using the five-point Likert scale categories (very low, low, medium, high and very high) of risk management from previous studies, statistical analysis affirmed that the overall level of risk management among Kuantan Malaysian construction industries is at the high level

Developing the Value Management Maturity Model (VM3©)

Value management (VM) practices have been expanded and became a well-received technique globally. Organisations are now progressing towards a better implementation of VM and should be assessing their strengths and weaknesses in order to move forward competitively. There is a need to benchmark the existing VM practices to reflect their maturing levels which is currently not available. This paper outlines the concept of Value Management Maturity Model (VM3') as a structured plan of maturity and performance growth for businesses. It proposes five levels of maturity and each level has its own criteria or attributes to be achieved before progressing to a higher level. The framework for VM3' has been developed based on the review of literatures related to VM and maturity models (MM). Data is collected through questionnaire surveys to organisations that have implemented VM methodology. Additionally, semi-structured interviews were conducted to select individuals involved in implementing VM. The questions were developed to achieve the research objectives; investigating the current implementation of VM and, exploring the organisation's MM knowledge and practices. However, this research was limited to VM implementation in the Malaysian government's projects and programmes. VM3' introduces a new paradigm in VM as it provides a rating method for capabilities or performance. It is advocated that this VM3' framework is still being refined in the advance stage in order to provide a comprehensive and well accepted method to provide ratings for organisations' maturity