Search results
21 – 30 of 55Temidayo Oluwasola Osunsanmi, Clinton Ohis Aigbavboa, Wellington Didibhuku Thwala and Ayodeji Emmanuel Oke
The idea of implementing supply chain management (SCM) principles for the construction industry was embraced by construction stakeholders to enhance the sector's performance. The…
Abstract
The idea of implementing supply chain management (SCM) principles for the construction industry was embraced by construction stakeholders to enhance the sector's performance. The analysis from the literature revealed that the implementation of SCM in the construction industry enhances the industry's value in terms of cost-saving, time savings, material management, risk management and others. The construction supply chain (CSC) can be managed using the pull or push system. This chapter also discusses the origin and proliferation of SCM into the construction industry. The chapter revealed that the concept of SCM has passed through five different eras: the creation era, the use of ERP, globalisation stage, specialisation stage and electronic stage. The findings from the literature revealed that we are presently in the fourth industrial revolution (4IR) era. At this stage, the SCM witnesses the adoption of technologies and principles driven by the 4IR. This chapter also revealed that the practice of SCM in the construction industry is centred around integration, collaboration, communication and the structure of the supply chain (SC). The forms and challenges hindering the adoption of these practices were also discussed extensively in this chapter.
Details
Keywords
Zayyana Shehu, Gary D. Holt, Intan R Endut and Akintola Akintoye
Construction projects within Malaysia are plagued by time overruns that can transform what should have been successful projects, into those incurring additional costs…
Abstract
Purpose
Construction projects within Malaysia are plagued by time overruns that can transform what should have been successful projects, into those incurring additional costs, disagreements, litigation and in some cases abandonment. To help better understand this problem, the purpose of this paper is to investigate Malaysian project characteristics in relation to time overruns.
Design/methodology/approach
In total, 150 Malaysian quantity-surveying organisations provided data relating to recent projects they have worked on. Project characteristics considered in analysis are new build and refurbishment, public and private sectors, procurement methods used, nature of projects and tendering methods.
Findings
Public sector projects were found more prone to overruns than those in the private sector; refurbishment projects experienced better time performance than new build; construction management demonstrated better time performance than design-build or traditional procurement; and infrastructure projects/negotiated tendering, performed better than selective/open tendering, respectively. The study also developed a linear model to predict project duration, based on contract period.
Research limitations/implications
The study adds a geographically specific detailed analysis to the extant literature of project performance generally and to that of time overruns more specifically.
Practical implications
Findings provide stakeholders with information that may help mitigate the frequency of project delays among construction projects, especially in Malaysia.
Originality/value
The analysis and modelling of time overrun in relation to Malaysian project characteristics in this way is novel.
Details
Keywords
Akintola Akintoye and Ezekiel Chinyio
The UK Government has now adopted Private Finance Initiative (PFI) as a major vehicle for the delivery of additional resources to the health sector in order to achieve a greater…
Abstract
Purpose
The UK Government has now adopted Private Finance Initiative (PFI) as a major vehicle for the delivery of additional resources to the health sector in order to achieve a greater investment in healthcare facilities. The purpose of this paper is to examine the trends and risk assessment of the PFI in the healthcare sector.
Design/methodology/approach
The paper employed secondary data and interviews of key participants in two hospital PFI projects to highlight developments in healthcare PFI and the risk management of hospital projects.
Findings
The results show that the use of PFI in the provision of healthcare is increasing in terms of number, capital value and size of projects. What emerged in the healthcare PFI project was a usage of a plethora of risk management techniques, albeit to varying degrees. Experience appeared to be the prime risk assessment technique employed, while risk avoidance was first explored before pricing and allocating any residual risks. “Risk prompts”, such as using checklists and risk registers were also useful in the identification of risks. Among all participants, insurance cover and sub‐contracting appear to be the most prominent strategies employed for managing out the risks.
Originality/value
The negotiations that precede the signing of a healthcare PFI project contract had an impact on the final choice of facilities or their specifications. The two contracting parties sought a balance between an optimal allocation of risks, choice of facilities and project price. Although the risk management techniques being used are generic in nature, there is still no evidence at the moment to show that these are appropriate for PFI projects. It is important that further investigation is undertaken to assess the level of current skills in risk management techniques to deal with PFI projects and the extent to which these techniques are appropriate to tackle complex healthcare PFI projects.
Details
Keywords
Zayyana Shehu, Intan R. Endut and Akintola Akintoye
The delivery of construction projects in Malaysia is plagued by time overruns, which turns what should have been successful projects into those incurring additional costs, or…
Abstract
Purpose
The delivery of construction projects in Malaysia is plagued by time overruns, which turns what should have been successful projects into those incurring additional costs, or money-losing ventures; as well as leading to various other unexpected negative effects and faute de mieux situations. The purpose of this research is to assess those factors leading to time overrun in Malaysian construction projects. The perceptions of public and private sectors, contractors, clients, and consultants are compared relative to a list of factors derived from the review of extant literature in project delay.
Design/methodology/approach
The research data were collected through an industry-wide questionnaire survey circulated across the Malaysian construction industry. The research develops a list of 84 time overrun factors. Responses were collected from 49 clients, 51 contractors, and 105 consultants, to explore and analyse the major factors that are responsible for causing time overrun based on sectors (public and private), organisations (clients, contractors and consultants) and professional roles.
Findings
Project delays beyond contract dates are predominantly caused by contractors and are usually associated with financial factors. “Cash flow problems faced by the contractors” was found the major factor, which contributed to project delays, whereas “storage on site” was seen as the least significant factor.
Practical implications
It is noteworthy that the findings in this research have a regional focus; it is, therefore, suggested that readers from other sections of the world exercise caution in applying the findings. As it is believed that every construction industry has its nature, culture and regulations, these factors can change as a result of such differences.
Originality/value
This research provides stakeholders with information on factors, which, if properly understood, can make project delays less likely.
Details