Massachusetts Institute of Technology
A handbook for improving real estate project delivery in Malaysia : analysis, comparison and selecting the best method
Abstract
dc:description.abstractThe real estate and construction sectors are very important and integral part of the Malaysian economy. At a macro-level, governmental development plans in Malaysia are based on successive five year plans since 1956. For each of the five year plans, the real estate and construction sectors feature prominently in terms of value and policy implementation. The budget for the five year plans is in relation to public sector expenditure and does not include private sector initiatives. As regards real estate project delivery methods in Malaysia, the most common form is the traditional design-bid-build method. The design-build method is getting some acceptance of late, whereas infrastructure projects do adopt the build-operate-transfer method. This thesis seeks to classify, analyze and compare the various types of delivery methods and thereafter examine whether there is a methodology for selecting the best delivery method in Malaysia. Each delivery method, apart from actual project delivery itself, entails different apportionment of project risks between the owner and contractor. Choosing the right delivery method can lead to project success, whereas selecting the wrong delivery method invariably leads to project failure.
Degree
thesis:*- Department dc:contributor.department
- Massachusetts Institute of Technology. Dept. of Architecture.
- Grantor dc:publisher
- Massachusetts Institute of Technology
- Year dc:date.issued
- 2006
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Tan, Yew Chin
- Advisor dc:contributor.advisor
-
- David Geltner.
Subjects
dc:subject × 1Rights
dc:rights- Statement dc:rights
-
- M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
- Licence dc:rights.uri
- Language dc:language.iso
- eng
Identifiers
dc:identifier.*- Identifier URI
- http://dspace.mit.edu/handle/1721.1/37446
- OAI identifier oai:identifier
- oai:dspace.mit.edu:1721.1/37446