Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail

Construction is one of the highest risk business exist. Generally the overrun of the cost and time in project are mainly caused by risks. However, it was found that although the risk management process in Malaysian construction industry has been introduced, most of them are not well structured and n...

Full description

Bibliographic Details
Main Author:	Ismail, Noor Fara Waheeda
Format:	Student Project
Language:	English
Published:	Faculty of Architecture, Planning and Surveying 2013
Online Access:	http://ir.uitm.edu.my/id/eprint/16580/ http://ir.uitm.edu.my/id/eprint/16580/2/PPb_NOOR%20FARA%20WAHEEDA%20ISMAIL%20AP%2013_5.pdf

id	uitm-16580
recordtype	eprints
spelling	uitm-165802019-09-10T02:40:20Z http://ir.uitm.edu.my/id/eprint/16580/ Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail Ismail, Noor Fara Waheeda Construction is one of the highest risk business exist. Generally the overrun of the cost and time in project are mainly caused by risks. However, it was found that although the risk management process in Malaysian construction industry has been introduced, most of them are not well structured and not implemented in a formal maimer. Many contractors still have a poor level of awareness in the application of risk management. Therefore, there are still high risks arise in Malaysian construction industry. As a result, this has led contractors struggling to complete the contract on schedule, within the clients budget and quality parameters. The risks naturally exist in every construction projects and they are hardly to eliminate. Contractor often has negative view on risk management. A wider understanding on the relevance and characteristics in risk management is needed. This mean its essential for contractor parties to understand well in risk management. Thus the objective of this study was to recommend factors to improve the implementation of risk management in construction projects and also include risk management as part of a construction project where contractors usually have a higher chance to face the project risk and their impacts more frequently. Therefore, in order to conduct this study, Quantitative method has been selected. Quantitative method involves in administrating questionnaire and interviews to the sample group to collect required data. Faculty of Architecture, Planning and Surveying 2013 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/16580/2/PPb_NOOR%20FARA%20WAHEEDA%20ISMAIL%20AP%2013_5.pdf Ismail, Noor Fara Waheeda (2013) Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
description	Construction is one of the highest risk business exist. Generally the overrun of the cost and time in project are mainly caused by risks. However, it was found that although the risk management process in Malaysian construction industry has been introduced, most of them are not well structured and not implemented in a formal maimer. Many contractors still have a poor level of awareness in the application of risk management. Therefore, there are still high risks arise in Malaysian construction industry. As a result, this has led contractors struggling to complete the contract on schedule, within the clients budget and quality parameters. The risks naturally exist in every construction projects and they are hardly to eliminate. Contractor often has negative view on risk management. A wider understanding on the relevance and characteristics in risk management is needed. This mean its essential for contractor parties to understand well in risk management. Thus the objective of this study was to recommend factors to improve the implementation of risk management in construction projects and also include risk management as part of a construction project where contractors usually have a higher chance to face the project risk and their impacts more frequently. Therefore, in order to conduct this study, Quantitative method has been selected. Quantitative method involves in administrating questionnaire and interviews to the sample group to collect required data.
format	Student Project
author	Ismail, Noor Fara Waheeda
spellingShingle	Ismail, Noor Fara Waheeda Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail
author_facet	Ismail, Noor Fara Waheeda
author_sort	Ismail, Noor Fara Waheeda
title	Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail
title_short	Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail
title_full	Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail
title_fullStr	Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail
title_full_unstemmed	Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail
title_sort	risk management implementation in the klang valley construction industry from contractors perspective / noor fara waheeda ismail
publisher	Faculty of Architecture, Planning and Surveying
publishDate	2013
url	http://ir.uitm.edu.my/id/eprint/16580/ http://ir.uitm.edu.my/id/eprint/16580/2/PPb_NOOR%20FARA%20WAHEEDA%20ISMAIL%20AP%2013_5.pdf
first_indexed	2023-09-18T22:56:23Z
last_indexed	2023-09-18T22:56:23Z
_version_	1777417882002522112

Risk management implementation in the Klang Valley construction industry from contractors perspective / Noor Fara Waheeda Ismail

Similar Items