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Need of risk management practice amongst bumiputera contractors in Malaysia construction industries

机译:马来西亚建筑行业的Bumiputera承包商中需要风险管理实践

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Malaysia construction industry has been growing continuously with double-digit growth for the past two decades. There are many issues surrounded the industry such as delay in delivery, cost overrun, quality and safety. In bumiputera contractor's context, the literature review found that 32 issues were encountered in the construction project. These issues can be handled properly with the application of risk management. According to previous researchers, application of risk management in Malaysia construction industry is at the low level where it is implemented in traditional ways that are brainstorming and checklist. These were due to lack of knowledge, the high cost of hiring experts and avoiding extra cost. Besides that, this study also intentions to analyse the risk categories in the construction industry as well as identify risk management process to resolve the construction issues. Hence, this paper presents issues engulfed by Bumiputera contractors which can partly be resolved by applying risk management practice in carrying out the construction activity. This may inspire the contractors to apply the risk management practice in ensuring the success of their construction project.
机译:在过去的二十年中,马来西亚建筑业一直在不断增长。存在许多问题,包括交付,成本超支,质量和安全等行业。在Bumiputera承包商的背景下,文献综述发现建设项目中遇到了32个问题。可以使用风险管理的应用正常处理这些问题。根据以前的研究人员,马来西亚风险管理的适用是在较低的水平上,以传统方式实施,这些方式是头脑风暴和清单。这些是由于缺乏知识,招聘专家的高成本,避免额外费用。此外,该研究还意图分析建筑业风险类别以及识别风险管理进程以解决建设问题。因此,本文介绍了由Bumiputera承包商吞噬的问题,该承包商可以通过应用风险管理实践在执行施工活动方面进行部分解决。这可能会激励承包商在确保其建设项目的成功方面适用风险管理实践。

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