A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor

Malaysian government has realized that ¡t is a must to modernize the construction industry to keep in line with the modem technology such as 131M or knowledge such as value management. It is aids to ensure the long term health growth of Malaysian construction industry. Value management was highlight...

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Main Author: Thien, Yung Wei
Format: Thesis
Language:English
Published: 2015
Subjects:
Online Access:http://eprints.intimal.edu.my/445/
http://eprints.intimal.edu.my/445/1/BQSI%20-%2044.pdf
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author Thien, Yung Wei
author_facet Thien, Yung Wei
author_sort Thien, Yung Wei
building INTI Institutional Repository
collection Online Access
description Malaysian government has realized that ¡t is a must to modernize the construction industry to keep in line with the modem technology such as 131M or knowledge such as value management. It is aids to ensure the long term health growth of Malaysian construction industry. Value management was highlighted with the establishment of Institute of Value Management Malaysia in 2000 with help and encouragement from government agencies such as Professional Services and Development Corporation (PSDC). (M. Saifulnizam et.aI, 2010) From the literature reviews that had been carried out, it was found out that 11w consultancy QS in the industry arc short of knowledge and awareness on the benefit of value management. Therefore, a study was earned out to determine the barriers and challenges to value management implementation. This research was conducted at Selangor through online survey and in-depth interview. Descriptive survey method and statistical tools such as Statdisk and Minitab were used for the data analysis part. From this study, the degree of understanding of value management of QS in Selangor was at the average level. The main barriers which impede the implementation of value management arc Lack of knowledge and practice in value management and short of trained professionals in value management. The strategies to increase the application of value management had been developed from the data analysis too.
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spelling intimal-4452016-08-03T06:19:37Z http://eprints.intimal.edu.my/445/ A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor Thien, Yung Wei TA Engineering (General). Civil engineering (General) Malaysian government has realized that ¡t is a must to modernize the construction industry to keep in line with the modem technology such as 131M or knowledge such as value management. It is aids to ensure the long term health growth of Malaysian construction industry. Value management was highlighted with the establishment of Institute of Value Management Malaysia in 2000 with help and encouragement from government agencies such as Professional Services and Development Corporation (PSDC). (M. Saifulnizam et.aI, 2010) From the literature reviews that had been carried out, it was found out that 11w consultancy QS in the industry arc short of knowledge and awareness on the benefit of value management. Therefore, a study was earned out to determine the barriers and challenges to value management implementation. This research was conducted at Selangor through online survey and in-depth interview. Descriptive survey method and statistical tools such as Statdisk and Minitab were used for the data analysis part. From this study, the degree of understanding of value management of QS in Selangor was at the average level. The main barriers which impede the implementation of value management arc Lack of knowledge and practice in value management and short of trained professionals in value management. The strategies to increase the application of value management had been developed from the data analysis too. 2015 Thesis NonPeerReviewed text en http://eprints.intimal.edu.my/445/1/BQSI%20-%2044.pdf Thien, Yung Wei (2015) A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor. Other thesis, INTI International University.
spellingShingle TA Engineering (General). Civil engineering (General)
Thien, Yung Wei
A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor
title A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor
title_full A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor
title_fullStr A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor
title_full_unstemmed A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor
title_short A Study on Barriers and Challenges to Value Management Implementation by QS Firms in Selangor
title_sort study on barriers and challenges to value management implementation by qs firms in selangor
topic TA Engineering (General). Civil engineering (General)
url http://eprints.intimal.edu.my/445/
http://eprints.intimal.edu.my/445/1/BQSI%20-%2044.pdf