Partnering Project Success Criteria in Malaysia
Partnering is used as an approach in the procurement system as it could lead towards improving the performance of the construction industry. Organizations which used the partnering approach in their past construction projects are now reporting favorable results, which include decrease in project c...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English English |
| Published: |
2008
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/7475/1/Partnering%20Project%20Success%20Criteria%20in%20Malaysia.pdf http://psasir.upm.edu.my/id/eprint/7475/ http://www.ccsenet.org/journal/index.php/ibr/article/view/813 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | Partnering is used as an approach in the procurement system as it could lead towards improving the performance of the
construction industry. Organizations which used the partnering approach in their past construction projects are now
reporting favorable results, which include decrease in project costs, delivery of project to program, time quality and
buildability. Despite these benefits, there remain are still risks associated with this mode of procurement. Risk
management process and partnering are critical to the succession of the construction project. Three (3) case studies were
looked into to support this study. The opinions and techniques of risk mitigation were gathered. It was found that the
most critical construction partnering risk is the partner’s financial resources, the clients’ problems and economic
conditions and financial problems with one of the partner. It is hoped that the risk management programme will help to
reduce such risks. |
|---|