The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.]
The planning of a project begins with envision of ideas, concepts and targets of the proposed construction development. Once set, all aspects of planning a development must be thoroughly evaluated during the preliminary stage of the Feasibility Study (FS). Matters that are related to technical, econ...
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| Format: | Article |
| Language: | English |
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Universiti Teknologi MARA, Kedah
2018
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| Online Access: | https://ir.uitm.edu.my/id/eprint/32672/1/AJ_SHARIFAH%20NUR%20AINA%20SYED%20ALWEE%20VOA%20K%2018.pdf |
| _version_ | 1796903485410639872 |
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| author | Syed Alwee, Sharifah Nur Aina Salehudin, Nursazwaziha Mohamed Sabli, Nor Azlinda Isnaini Janipha, Nurul Afida Maisham, Mysarah |
| author_facet | Syed Alwee, Sharifah Nur Aina Salehudin, Nursazwaziha Mohamed Sabli, Nor Azlinda Isnaini Janipha, Nurul Afida Maisham, Mysarah |
| author_sort | Syed Alwee, Sharifah Nur Aina |
| collection | UITM |
| description | The planning of a project begins with envision of ideas, concepts and targets of the proposed construction development. Once set, all aspects of planning a development must be thoroughly evaluated during the preliminary stage of the Feasibility Study (FS). Matters that are related to technical, economic and financial aspects of the proposed development must be critically appraised
in the FS. Without a well prepared FS, a development project can possibly fail due to issues such as inferior building quality, poor workmanship and cost overruns. For this reason, design consultants such as the architect, engineer and quantity Surveyor must always be aware so as to understand the importance of information needed in the preparation of FS. They should appreciate that the outcomes from an excellent FS could bring many good values for the construction project. The aim of this paper is to examine the importance of information required in the preparation of a FS and to explore the understanding amongst design consultants about its significance.
Feedbacks obtained from the questionnaire surveys have shown that each consultant sets different priorities and purposes in identifying the crucial of data that they gathered during the FS. Though the main aim is to enhance the feasibility in terms of cost, quality and time demanded by the client, the research suggested that the views and suggestions made by consultants should not be ignored. In-depth investigations on economic, technical and financial analysis are the crucial factors to be considered so that at the final stage, the viability of a construction development would give good return on investment and other prospective values to the Client. |
| first_indexed | 2024-03-06T02:20:54Z |
| format | Article |
| id | oai:ir.uitm.edu.my:32672 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T02:20:54Z |
| publishDate | 2018 |
| publisher | Universiti Teknologi MARA, Kedah |
| record_format | dspace |
| spelling | oai:ir.uitm.edu.my:326722021-01-14T17:04:34Z https://ir.uitm.edu.my/id/eprint/32672/ The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.] voa Syed Alwee, Sharifah Nur Aina Salehudin, Nursazwaziha Mohamed Sabli, Nor Azlinda Isnaini Janipha, Nurul Afida Maisham, Mysarah Economics Financial management. Business finance. Corporation finance The planning of a project begins with envision of ideas, concepts and targets of the proposed construction development. Once set, all aspects of planning a development must be thoroughly evaluated during the preliminary stage of the Feasibility Study (FS). Matters that are related to technical, economic and financial aspects of the proposed development must be critically appraised in the FS. Without a well prepared FS, a development project can possibly fail due to issues such as inferior building quality, poor workmanship and cost overruns. For this reason, design consultants such as the architect, engineer and quantity Surveyor must always be aware so as to understand the importance of information needed in the preparation of FS. They should appreciate that the outcomes from an excellent FS could bring many good values for the construction project. The aim of this paper is to examine the importance of information required in the preparation of a FS and to explore the understanding amongst design consultants about its significance. Feedbacks obtained from the questionnaire surveys have shown that each consultant sets different priorities and purposes in identifying the crucial of data that they gathered during the FS. Though the main aim is to enhance the feasibility in terms of cost, quality and time demanded by the client, the research suggested that the views and suggestions made by consultants should not be ignored. In-depth investigations on economic, technical and financial analysis are the crucial factors to be considered so that at the final stage, the viability of a construction development would give good return on investment and other prospective values to the Client. Universiti Teknologi MARA, Kedah 2018 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/32672/1/AJ_SHARIFAH%20NUR%20AINA%20SYED%20ALWEE%20VOA%20K%2018.pdf The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.]. (2018) Voice of Academia (VOA) <https://ir.uitm.edu.my/view/publication/Voice_of_Academia_=28VOA=29/>, 13 (2). pp. 108-117. ISSN 2682-7840 https://voa.uitm.edu.my/ |
| spellingShingle | Economics Financial management. Business finance. Corporation finance Syed Alwee, Sharifah Nur Aina Salehudin, Nursazwaziha Mohamed Sabli, Nor Azlinda Isnaini Janipha, Nurul Afida Maisham, Mysarah The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.] |
| title | The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.] |
| title_full | The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.] |
| title_fullStr | The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.] |
| title_full_unstemmed | The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.] |
| title_short | The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee…[et al.] |
| title_sort | importance of information in the preparation of feasibility study for construction development sharifah nur aina syed alwee et al |
| topic | Economics Financial management. Business finance. Corporation finance |
| url | https://ir.uitm.edu.my/id/eprint/32672/1/AJ_SHARIFAH%20NUR%20AINA%20SYED%20ALWEE%20VOA%20K%2018.pdf |
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