PROJECT MANAGEMENT IN MALAYSIA CHAPTER 3

DEFINITION OF THE CONSTRUCTION INDUSTRY Customer Government Departments, State Governments, major public companies, property developers, individual members of the public or others Parties involved Main contractors, client, consultant. The finished products Within time, cost and quality required. Residential, commercial building.

INTRODUCTION TO THE MALAYSIAN CONSTRUCTION INDUSTRY The construction industry constitutes an important element of the Malaysian economy. Currently accounts for only 2.7% of the gross domestic product (GDP) in 2006. The industry is critical to national wealth creation as it acts as a catalyst for, and has multiplier effects to the economy and also enables other industries namely manufacturing, professional services, financial services, education and others. Recent years decline in the performance of the Malaysian construction industry has resulted in the urgent need for the Malaysian construction industry to chart its direction towards strengthening its foundations to face current and future challenges.

Construction Industry Value Chain

Malaysian Construction Industry and the Economy

Construction Contribution to GDP (By Country)

GDP Growth of the Malaysian Economy vs. Construction Industry: 1974-2004

Construction Industry as an Enabler of Government s Socio-Economic Policies

Projects Undertaken by Malaysian Contractors (By Country)

Current Foreign Projects Undertaken by Malaysian Contractors (By Type)

Malaysian construction industry strategic and operational challenges. Inefficient and ineffective methods and practices in contractor s registration and administration procedures, procurement methods and practices, contracting approaches, construction methods, planning submission and building plan approval procedures. Inability to attract and develop local workforce for the industry mainly due to the Dirty, Dangerous, Difficult image of the industry. Difficulty in securing timely and adequate financing at the various stages of construction, and difficulty in repatriating profits/dividends. Inability to provide total integrated solutions in foreign projects, unlike Japanese, Korean and German construction companies which could provide total solutions that include financing package and equipment.

PMI MALAYSIAN CHAPTER Global Not-for-profit professional organization for project management comprised of Project Managers or those involved in Management of Projects. Headquartered in Newtown Square, Philadelphia USA. In Malaysia, it is located at Project Management Instititute Malaysia Chapter Business Advanced Technology Center BATC, Universiti Teknologi Malaysia City Campus, Jalan Semarak, 54100 Kuala Lumpur, Malaysia. PMI sets industry standards, conducts research, and provides education, certification, and professional exchange opportunities, designed to strengthen and further establish the profession. PMI advances the careers of practitioners, while enhancing overall business and government performance.

What PMIMY and PMI provides Professional Standards A Guide to the Project Management Body of Knowledge (PMBOK Guide) - 2000 edition Certification Research & Wisdom Center Publications Professional Development Education & Training Corporate Relationships Networking and fellowships

THE IMPORTANCE OF PROJECT MANAGEMENT

Which area of your organization use project management?

PROJECT MANAGEMENT: Escalating demand

PMI IS GROWING IN ASIA PACIFIC

2 TYPES OF PMI CERTIFICATION

OBJECTIVES OF CERTIFICATION Provides professional/personal recognition Expedites professional advancement Creates job growth/opportunities within an organization Provides framework for standardized project management requirements Increases employee s value to the organization To be a truly global certification

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