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Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia

The implementation of liberalization in Malaysia has offered opportunities to the local companies to expand businesses. The salient point of liberalization in the context of Engineering Consultancy Practices (ECP) is the opening of the flood gate for non-professionals (including foreigners) to regis...

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Main Author: Lai, Woon Fatt
Format: Thesis
Language:English
Published: 2016
Subjects:
TA Engineering (General). Civil engineering (General)
Online Access:http://eprints.utm.my/id/eprint/78741/1/LaiWoonFattMFKA2016.pdf
http://eprints.utm.my/id/eprint/78741/
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spelling my.utm.787412018-08-30T08:06:51Z http://eprints.utm.my/id/eprint/78741/ Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia Lai, Woon Fatt TA Engineering (General). Civil engineering (General) The implementation of liberalization in Malaysia has offered opportunities to the local companies to expand businesses. The salient point of liberalization in the context of Engineering Consultancy Practices (ECP) is the opening of the flood gate for non-professionals (including foreigners) to register and operates consultancy practices. This would create an excessive competitive environment to the local consulting firms. The aim of this study is to identify the successful business model to be adopted by Engineering Consultancy Practice (ECP) for building its capacity and competitiveness. This study is important in the sense that it serves as one of the pioneer studies focusing on the Engineering Consultancy Practices, from the perspective of business model. Principal Component Analysis (PCA) was employed to analyze data from a quantitative survey. Three components were extracted through PCA approach: (1) Profit Structure factor, (2) Management Capability factor and (3) Stakeholder Relationship factor. Next, Structural Equation Modeling (SEM) was utilized to perform analysis on the data extracted from PCA. Two (2) Business Model Index equations were formed to examine the business performance in terms of business model criteria. Through the data validation, it is found that ECP Business Performance Measurement model developed in this study is the best model to evaluate the ECP business performance. Understanding the core values related to the ECP could help the local stakeholders to have better preparation and planning to face a greater challenge lies as a result of the liberalization. 2016-04 Thesis NonPeerReviewed application/pdf en http://eprints.utm.my/id/eprint/78741/1/LaiWoonFattMFKA2016.pdf Lai, Woon Fatt (2016) Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia. Masters thesis, Universiti Teknologi Malaysia, Faculty of Civil Engineering. http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:106337
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic TA Engineering (General). Civil engineering (General)
spellingShingle TA Engineering (General). Civil engineering (General)
Lai, Woon Fatt
Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
description The implementation of liberalization in Malaysia has offered opportunities to the local companies to expand businesses. The salient point of liberalization in the context of Engineering Consultancy Practices (ECP) is the opening of the flood gate for non-professionals (including foreigners) to register and operates consultancy practices. This would create an excessive competitive environment to the local consulting firms. The aim of this study is to identify the successful business model to be adopted by Engineering Consultancy Practice (ECP) for building its capacity and competitiveness. This study is important in the sense that it serves as one of the pioneer studies focusing on the Engineering Consultancy Practices, from the perspective of business model. Principal Component Analysis (PCA) was employed to analyze data from a quantitative survey. Three components were extracted through PCA approach: (1) Profit Structure factor, (2) Management Capability factor and (3) Stakeholder Relationship factor. Next, Structural Equation Modeling (SEM) was utilized to perform analysis on the data extracted from PCA. Two (2) Business Model Index equations were formed to examine the business performance in terms of business model criteria. Through the data validation, it is found that ECP Business Performance Measurement model developed in this study is the best model to evaluate the ECP business performance. Understanding the core values related to the ECP could help the local stakeholders to have better preparation and planning to face a greater challenge lies as a result of the liberalization.
format Thesis
author Lai, Woon Fatt
author_facet Lai, Woon Fatt
author_sort Lai, Woon Fatt
title Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_short Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_full Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_fullStr Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_full_unstemmed Conceptual model of engineering consultancy practice (ECP) performance measurement factors in Malaysia
title_sort conceptual model of engineering consultancy practice (ecp) performance measurement factors in malaysia
publishDate 2016
url http://eprints.utm.my/id/eprint/78741/1/LaiWoonFattMFKA2016.pdf
http://eprints.utm.my/id/eprint/78741/
http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:106337
_version_ 1643657990393298944
score 13.211869

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