A study on Malaysian legal framework and risk management: design professionals / Associate Professor Dr. Fadzil Hassan , Zul Zakiyuddin Ahmad Rashid , Associate Professor Dr. Hjh Hamimah Adnan

Hassan, Fadzil and Ahmad Rashid , Zul Zakiyuddin and Adnan , Hamimah (2010) A study on Malaysian legal framework and risk management: design professionals / Associate Professor Dr. Fadzil Hassan , Zul Zakiyuddin Ahmad Rashid , Associate Professor Dr. Hjh Hamimah Adnan. Technical Report. Research Management Institute , Universiti Teknologi MARA. (Submitted)

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Abstract

In order to complete a construction project successfully, the parties involved must be able to manage the risks associated with the project. Although the need and importance of risk management cannot be denied, the practice among the players in the construction industry does not reflect such urgency. The standard of risk management among the parties involved in a construction project in Malaysia differs from one company to another. This is due to various factors such as the company resources for risk management, types and size of the project and so on. As such there is a need to standardize the basic practice of risk management among the parties involved, to secure the safety and proper performance of the project. This can be achieved through legal measures, where certain requirement on risk management can be imposed to ensure the least required practice of risk management is exercised. This research is meant to look at the risks associated with architect and design works under the traditional procurement route in Malaysia and the need for the Malaysian law to come up with a framework in ensuring the practice of standard risk management. In achieving the objective, research instrument in form of questionnaire survey, in-depth interviews and expert interview will be adopted.

Item Type: Monograph (Technical Report)
Subjects: K Law > K Law in general. Comparative and uniform law. Jurisprudence > Commercial law
Divisions: Research Management Institute (RMI)
Depositing User: Noredayu Rosli
Date Deposited: 23 Oct 2012 08:08
Last Modified: 23 Oct 2012 08:08
URI: http://eprints.uitm.edu.my/id/eprint/6404

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