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Type :thesis
Subject :HJ Public Finance
Main Author :Natasha Dzulkalnine
Title :Development of financial management framework for industrialsed building system IBS project by using analytic hierarchy process AHP
Place of Production :Tanjong Malim
Publisher :Fakulti Pengurusan dan Ekonomi
Year of Publication :2019
Notes :with cd
Corporate Name :Universiti Pendidikan Sultan Idris
PDF Guest :Click to view PDF file

Abstract : Universiti Pendidikan Sultan Idris
This study was aimed to develop financial management framework for Industrialised Building System (IBS) project through incorporation criteria which employed Analytic Hierarchy  Process (AHP) based on adaptation from Saaty’s rule of thumb. The study also analysed the payment  issue of IBS project and factors influencing it. The criteria in the new payment method for IBS  project was also studied. The research design in this study was survey method. The research  instruments were survey questionnaire, interview protocol and focus groups. A sample of 172  respondents from 43 IBS projects in Klang Valley from the year 2008 until 2015 were selected using  the cluster sampling. Majority of IBS projects were saturated in Klang Valley. Data were analysed  using descriptive statistics which are mean and standard deviation to rank the payment issues and  Analytic Hierarchy Process (AHP) to select the criteria for IBS project in the development of  financial management framework. Cronbach’s alpha had been undertaken to validate the instrument  with value of 0.881. Based on weightage of importance, the main criteria for the development of  financial framework for IBS project showed that the main key criteria are Material (31.0) followed  by Initial Cost (27.4), Contract Document (25.3) and Drawing and Design Matters (25.1) while for  the sub-criteria is the advance payment for initial stage (22.9). In conclusion, the most critical  criteria to take into consideration in new payment method is in terms of Material and Initial Cost.  The implication of the research is the financial management framework proposed can be used by the  industry players to resolve the payment issue in IBS project. The study also implicates that  tackling the main issues of payment of IBS project may assist the government and relevant parties  especially in the early stage of construction due to huge capital investment.  

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