Staff View: Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]

Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]

Nowadays, cost overrun is prevalent in building construction, infrastructure and oil and gas construction projects. In general, successful project management is a project that can manage resources well according to the project's needs. However, cost overrun can occur due to a lack of management...

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Main Authors:	Mohd Roshdi, Farrah Rina, Ismail, Kharizam, Lop, Nor Suzila, Ab Wahab, Lilawati
Format:	Conference or Workshop Item
Language:	English
Published:	2022
Subjects:	TH Building construction Management of the construction site. Superintendence of building construction Environmental engineering of buildings. Sanitary engineering of buildings
Online Access:	https://ir.uitm.edu.my/id/eprint/65639/1/65639.pdf https://ir.uitm.edu.my/id/eprint/65639/
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id	my.uitm.ir.65639
record_format	eprints
spelling	my.uitm.ir.656392023-03-09T04:46:18Z https://ir.uitm.edu.my/id/eprint/65639/ Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.] Mohd Roshdi, Farrah Rina Ismail, Kharizam Lop, Nor Suzila Ab Wahab, Lilawati TH Building construction Management of the construction site. Superintendence of building construction Environmental engineering of buildings. Sanitary engineering of buildings Nowadays, cost overrun is prevalent in building construction, infrastructure and oil and gas construction projects. In general, successful project management is a project that can manage resources well according to the project's needs. However, cost overrun can occur due to a lack of management in allocating resources to the correct activities in projects when they are operated. The resources commence with money or capital involving machinery, manpower, and materials to the right method arranged at the Procurement Phase. However, due to the adverse economic conditions and circumstances of the Malaysian oil and gas sector, it is vital to minimize costs, control costs and realign organizational mission towards resource allocation management. Thus, an optimal resource allocation must be made on a cost-effective basis to avoid cost overruns. Therefore, this research aims to explore several previous works of literature on oil and gas fabrication projects management, focusing on issues of cost overrun across the globe. The data was gathered from earlier studies on cost overrun in Oil and Gas megaprojects. The exploration revealed the primary relative importance of the theoretical framework; in the context of the Oil and Gas Industry by a country that focuses on cost overruns issues. This research is expected to raise concerns about the importance of resource allocation management, which is experiencing cost overrun of Oil and Gas Fabrication projects. 2022 Conference or Workshop Item PeerReviewed text en https://ir.uitm.edu.my/id/eprint/65639/1/65639.pdf Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]. (2022) In: Virtual Go Green: Conference and Publication (v-Gogreen 2021) “Rethinking Built Environment: Towards a Sustainable Future” 29th-30th September 2021, 29 - 30 September, Universiti Teknologi MARA, Cawangan Perak.
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	TH Building construction Management of the construction site. Superintendence of building construction Environmental engineering of buildings. Sanitary engineering of buildings
spellingShingle	TH Building construction Management of the construction site. Superintendence of building construction Environmental engineering of buildings. Sanitary engineering of buildings Mohd Roshdi, Farrah Rina Ismail, Kharizam Lop, Nor Suzila Ab Wahab, Lilawati Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]
description	Nowadays, cost overrun is prevalent in building construction, infrastructure and oil and gas construction projects. In general, successful project management is a project that can manage resources well according to the project's needs. However, cost overrun can occur due to a lack of management in allocating resources to the correct activities in projects when they are operated. The resources commence with money or capital involving machinery, manpower, and materials to the right method arranged at the Procurement Phase. However, due to the adverse economic conditions and circumstances of the Malaysian oil and gas sector, it is vital to minimize costs, control costs and realign organizational mission towards resource allocation management. Thus, an optimal resource allocation must be made on a cost-effective basis to avoid cost overruns. Therefore, this research aims to explore several previous works of literature on oil and gas fabrication projects management, focusing on issues of cost overrun across the globe. The data was gathered from earlier studies on cost overrun in Oil and Gas megaprojects. The exploration revealed the primary relative importance of the theoretical framework; in the context of the Oil and Gas Industry by a country that focuses on cost overruns issues. This research is expected to raise concerns about the importance of resource allocation management, which is experiencing cost overrun of Oil and Gas Fabrication projects.
format	Conference or Workshop Item
author	Mohd Roshdi, Farrah Rina Ismail, Kharizam Lop, Nor Suzila Ab Wahab, Lilawati
author_facet	Mohd Roshdi, Farrah Rina Ismail, Kharizam Lop, Nor Suzila Ab Wahab, Lilawati
author_sort	Mohd Roshdi, Farrah Rina
title	Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]
title_short	Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]
title_full	Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]
title_fullStr	Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]
title_full_unstemmed	Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]
title_sort	resource allocation towards engineering procurement construction (epc) fabrication oil and gas megaprojects: exploring issues on cost overrun / farrah rina mohd roshdi ... [et al.]
publishDate	2022
url	https://ir.uitm.edu.my/id/eprint/65639/1/65639.pdf https://ir.uitm.edu.my/id/eprint/65639/
_version_	1761622277276827648
score	13.211869

Resource allocation towards Engineering Procurement Construction (EPC) fabrication oil and gas megaprojects: Exploring issues on cost overrun / Farrah Rina Mohd Roshdi ... [et al.]

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