Abandoned housing projects in Malaysia: Risk management capabilities during rehabilitation

Abdul-Rahman, H. and Alashwal, A.M. and Abdullah, A.A. (2016) Abandoned housing projects in Malaysia: Risk management capabilities during rehabilitation. Archnet-IJAR, 10 (2). pp. 153-165. ISSN 1938-7806

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Official URL: http://dx.doi.org/10.26687/archnet-ijar.v10i2.938

Abstract

Rehabilitation is a key-initiative undertaken to overcome a prevailing problem in Malaysia that is the abandonment of housing projects during construction. However, rehabilitation is a complex process and involves various parties. The purpose of this paper is to identify critical risks during the rehabilitation process and to evaluate capabilities of main stakeholders in managing these risks. To achieve this objective, a questionnaire survey was used and targeted three groups, namely authorities, builders, and liquidators. The data were analyzed using Relative Importance Index (RII) and Chi-square to determine top ranking risks and risk categories. The results showed 18 risk variables and indicated Managerial Risk as the top risk category. The results also showed feeble risk management capabilities of the three groups. The findings of this paper attempt to fill a significant gap in the literature pertaining to this subject. The identification of the risks and capabilities pitfalls is expected to provide invaluable information to facilitate the rehabilitation process to complete the abandoned projects successfully.

Item Type: Article
Uncontrolled Keywords: Housing projects; Relative importance index (RII); Risk management capability measurement; Risk ranking
Subjects: T Technology > TH Building construction
Divisions: Faculty of the Built Environment
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 13 Oct 2017 01:08
Last Modified: 13 Oct 2017 01:08
URI: http://eprints.um.edu.my/id/eprint/18005

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