Relational contract in construction industry in Malaysia

For many years, the construction industry has relied on formal contracts to define and enforce the obligations and rights of contracting parties. Nonetheless, existing formal contracts are subject to some disadvantages hence and alternative is required to address the issue. The objectives of this st...

Full description

Saved in:

Bibliographic Details
Main Author:	Jatarona, Nurul Alifah
Format:	Thesis
Language:	English
Published:	2007
Subjects:	HD28 Management Industrial Management
Online Access:	http://eprints.utm.my/id/eprint/11386/1/NurulAlifahJataronaMFKA2007.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-utm-ep.11386
record_format	uketd_dc
spelling	my-utm-ep.113862018-07-30T08:39:33Z Relational contract in construction industry in Malaysia 2007-11 Jatarona, Nurul Alifah HD28 Management. Industrial Management For many years, the construction industry has relied on formal contracts to define and enforce the obligations and rights of contracting parties. Nonetheless, existing formal contracts are subject to some disadvantages hence and alternative is required to address the issue. The objectives of this study are to study the current practice of construction contract, to analyze problems associated with the application of traditional contract in Malaysia and to appraise the knowledge and the application of Relational Contract in Malaysia. The data used in this study was collected through literature study and questionnaire survey from Class A contractor in Johor Bahru. Data was analyzed using Statistical Package for Social Sciences Software (SPSS) and the results analyses were presented in frequency and average index value. The finding shows that traditional contract has been identified to be the most frequently used contract in Malaysia due to its familiarity to works with but there are problem associated to the traditional contract. Potential barrier such as lack of client knowledge also being identified in this study and lack of client knowledge is found to be the most critical reason in adopting relational contract. The traditional contract can be improved through the incorporation of Relational contract’s element such as clearly defined scope, integrated project team, alignment of goals and open honest communication. It can be concluded that relational contract is still new in Malaysia. Many of the practitioners in the industry are not aware of this approach. However, they agree that some of the elements in relational contract can be adopted in order to overcome the weaknesses in traditional contract. 2007-11 Thesis http://eprints.utm.my/id/eprint/11386/ http://eprints.utm.my/id/eprint/11386/1/NurulAlifahJataronaMFKA2007.pdf application/pdf en public masters Universiti Teknologi Malaysia, Faculty of Civil Engineering Faculty of Civil Engineering Australian Constructors Association, 1999, Relationship contracting – Optimising project outcome, ACA, North Sydney. Ashworth,A 1996, Contractual procedures in the construction industry, 3rd edn., Addison Wesley Longman Limited, England. Australian Constructors Association, 1999, Relationship contracting – Optimising project outcome, ACA, North Sydney. Tan, E.K, 1985, Radical Changes Urged for Industry, Building and Construction News Yearbook, Malaysia. Maizon Hashim, 1997, Clients’ Criteria on the Choice of Procurement Systems- A Malaysian Experience Rashid K, 2002, Construction procurement in Malaysia – Process and systems, constrains and strategies, International Islamic University Malaysia, Kuala Lumpur. Scott B, 2001, Partnering in Europe – Incentive base alliance for projects, Thomas Telford Publishing, London. Lendrum,T 2003, The strategic partnering handbook – The practitioner’s guide to partnerships & alliances, 4th edn., McGraw Hill, Sydney. Thorpe D. & Dugdale G., 2003, Procurement and risk sharing, Client driving innovation international conference, Australia. 62 U.S. Department of State Foreign Affairs Handbook Volume 6 Handbook 2—Contracting Officer’s Representative Turner,J (ed.) 2003, Contracting for project management, Gower Publishing Limited, Oxon. Y.Y. Ling, Procurement Design Services for Design-Build Projects, School of Building & Estimate Management, National University of Singapore Gan Eng Toh, Procurement Strategy Selection for Construction: An Artificial Neutral Network Approach, Faculty of Build Environment, Universiti Teknologi Malaysia. George Baker, Robert Gibbons, Kevin J. Murphy, 2001, Relational Contract and the Theory of the Firm, Journal of Economic.
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	HD28 Management Industrial Management
spellingShingle	HD28 Management Industrial Management Jatarona, Nurul Alifah Relational contract in construction industry in Malaysia
description	For many years, the construction industry has relied on formal contracts to define and enforce the obligations and rights of contracting parties. Nonetheless, existing formal contracts are subject to some disadvantages hence and alternative is required to address the issue. The objectives of this study are to study the current practice of construction contract, to analyze problems associated with the application of traditional contract in Malaysia and to appraise the knowledge and the application of Relational Contract in Malaysia. The data used in this study was collected through literature study and questionnaire survey from Class A contractor in Johor Bahru. Data was analyzed using Statistical Package for Social Sciences Software (SPSS) and the results analyses were presented in frequency and average index value. The finding shows that traditional contract has been identified to be the most frequently used contract in Malaysia due to its familiarity to works with but there are problem associated to the traditional contract. Potential barrier such as lack of client knowledge also being identified in this study and lack of client knowledge is found to be the most critical reason in adopting relational contract. The traditional contract can be improved through the incorporation of Relational contract’s element such as clearly defined scope, integrated project team, alignment of goals and open honest communication. It can be concluded that relational contract is still new in Malaysia. Many of the practitioners in the industry are not aware of this approach. However, they agree that some of the elements in relational contract can be adopted in order to overcome the weaknesses in traditional contract.
format	Thesis
qualification_level	Master's degree
author	Jatarona, Nurul Alifah
author_facet	Jatarona, Nurul Alifah
author_sort	Jatarona, Nurul Alifah
title	Relational contract in construction industry in Malaysia
title_short	Relational contract in construction industry in Malaysia
title_full	Relational contract in construction industry in Malaysia
title_fullStr	Relational contract in construction industry in Malaysia
title_full_unstemmed	Relational contract in construction industry in Malaysia
title_sort	relational contract in construction industry in malaysia
granting_institution	Universiti Teknologi Malaysia, Faculty of Civil Engineering
granting_department	Faculty of Civil Engineering
publishDate	2007
url	http://eprints.utm.my/id/eprint/11386/1/NurulAlifahJataronaMFKA2007.pdf
_version_	1747814847827935232

Relational contract in construction industry in Malaysia

Similar Items