Staff View: The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee...[et al.]

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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Main Authors:	Syed Alwee, Sharifah Nur Aina, Salehudin, Nursazwaziha, Mohamed Sabli, Nor Azlinda, Isnaini Janipha, Nurul Afida, Maisham, Mysarah
Format:	Article
Language:	English
Published:	Universiti Teknologi MARA, Kedah 2019
Subjects:	Economics Financial management. Business finance. Corporation finance
Online Access:	http://ir.uitm.edu.my/id/eprint/32724/1/32724.pdf http://ir.uitm.edu.my/id/eprint/32724/ https://voa.uitm.edu.my/
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id	my.uitm.ir.32724
record_format	eprints
spelling	my.uitm.ir.327242020-08-12T07:30:01Z http://ir.uitm.edu.my/id/eprint/32724/ The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee...[et al.] 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 2019 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/32724/1/32724.pdf Syed Alwee, Sharifah Nur Aina and Salehudin, Nursazwaziha and Mohamed Sabli, Nor Azlinda and Isnaini Janipha, Nurul Afida and Maisham, Mysarah (2019) The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee...[et al.]. Voice of Academia (VOA), 14 (1). pp. 64-73. ISSN 2682-7840 https://voa.uitm.edu.my/
institution	Universiti Teknologi Mara
building	Tun Abdul Razak Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Teknologi Mara
content_source	UiTM Institutional Repository
url_provider	http://ir.uitm.edu.my/
language	English
topic	Economics Financial management. Business finance. Corporation finance
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.]
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.
format	Article
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
title	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_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_sort	importance of information in the preparation of feasibility study for construction development / sharifah nur aina syed alwee...[et al.]
publisher	Universiti Teknologi MARA, Kedah
publishDate	2019
url	http://ir.uitm.edu.my/id/eprint/32724/1/32724.pdf http://ir.uitm.edu.my/id/eprint/32724/ https://voa.uitm.edu.my/
_version_	1685650963669450752
score	13.211869

The importance of information in the preparation of feasibility study for construction development / Sharifah Nur Aina Syed Alwee...[et al.]

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