Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia

The implementation of liberalization in Malaysia has offered opportunities to the local companies to expand businesses. The salient point of liberalization in the context of Engineering Consultancy Practices (ECP) is the opening of the flood gate for non-professionals (including foreigners) to regis...

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Main Author:	Lai, Woon Fatt
Format:	Thesis
Language:	English
Published:	2016
Subjects:	TA Engineering (General) Civil engineering (General)
Online Access:	http://eprints.utm.my/id/eprint/78741/1/LaiWoonFattMFKA2016.pdf
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id	my-utm-ep.78741
record_format	uketd_dc
spelling	my-utm-ep.787412018-08-30T08:06:51Z Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia 2016-04 Lai, Woon Fatt TA Engineering (General). Civil engineering (General) The implementation of liberalization in Malaysia has offered opportunities to the local companies to expand businesses. The salient point of liberalization in the context of Engineering Consultancy Practices (ECP) is the opening of the flood gate for non-professionals (including foreigners) to register and operates consultancy practices. This would create an excessive competitive environment to the local consulting firms. The aim of this study is to identify the successful business model to be adopted by Engineering Consultancy Practice (ECP) for building its capacity and competitiveness. This study is important in the sense that it serves as one of the pioneer studies focusing on the Engineering Consultancy Practices, from the perspective of business model. Principal Component Analysis (PCA) was employed to analyze data from a quantitative survey. Three components were extracted through PCA approach: (1) Profit Structure factor, (2) Management Capability factor and (3) Stakeholder Relationship factor. Next, Structural Equation Modeling (SEM) was utilized to perform analysis on the data extracted from PCA. Two (2) Business Model Index equations were formed to examine the business performance in terms of business model criteria. Through the data validation, it is found that ECP Business Performance Measurement model developed in this study is the best model to evaluate the ECP business performance. Understanding the core values related to the ECP could help the local stakeholders to have better preparation and planning to face a greater challenge lies as a result of the liberalization. 2016-04 Thesis http://eprints.utm.my/id/eprint/78741/ http://eprints.utm.my/id/eprint/78741/1/LaiWoonFattMFKA2016.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:106337 masters Universiti Teknologi Malaysia, Faculty of Civil Engineering Faculty of Civil Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	TA Engineering (General) Civil engineering (General)
spellingShingle	TA Engineering (General) Civil engineering (General) Lai, Woon Fatt Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
description	The implementation of liberalization in Malaysia has offered opportunities to the local companies to expand businesses. The salient point of liberalization in the context of Engineering Consultancy Practices (ECP) is the opening of the flood gate for non-professionals (including foreigners) to register and operates consultancy practices. This would create an excessive competitive environment to the local consulting firms. The aim of this study is to identify the successful business model to be adopted by Engineering Consultancy Practice (ECP) for building its capacity and competitiveness. This study is important in the sense that it serves as one of the pioneer studies focusing on the Engineering Consultancy Practices, from the perspective of business model. Principal Component Analysis (PCA) was employed to analyze data from a quantitative survey. Three components were extracted through PCA approach: (1) Profit Structure factor, (2) Management Capability factor and (3) Stakeholder Relationship factor. Next, Structural Equation Modeling (SEM) was utilized to perform analysis on the data extracted from PCA. Two (2) Business Model Index equations were formed to examine the business performance in terms of business model criteria. Through the data validation, it is found that ECP Business Performance Measurement model developed in this study is the best model to evaluate the ECP business performance. Understanding the core values related to the ECP could help the local stakeholders to have better preparation and planning to face a greater challenge lies as a result of the liberalization.
format	Thesis
qualification_level	Master's degree
author	Lai, Woon Fatt
author_facet	Lai, Woon Fatt
author_sort	Lai, Woon Fatt
title	Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_short	Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_full	Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_fullStr	Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_full_unstemmed	Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_sort	conceptual model of engineering consultancy practice (ecp) performance measurement factors in malaysia
granting_institution	Universiti Teknologi Malaysia, Faculty of Civil Engineering
granting_department	Faculty of Civil Engineering
publishDate	2016
url	http://eprints.utm.my/id/eprint/78741/1/LaiWoonFattMFKA2016.pdf
_version_	1747818059924504576

Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia

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