19 research outputs found
Adopting industrialisation in the construction environment: meeting the requirements of sustainability / Muhamad Faiz Musa …[et al.]
No full textThe construction industry should move from conventional construction method and adopt the industrialisation concept, to increase productivity and deliver quality construction end products. Industrialisation is the combination of a large market to divide into fractions the investment in strategies and innovation, in return, of simplifying the production and, therefore, reducing the costs. The introduction of Degree of Industrialisation by Roger-Bruno Richard is critical to the construction industry. The five degrees of industrialisation are prefabrication, mechanisation, automation, robotics and reproduction. Richard’s Degree of Industrialisation is in line with the Malaysian government’s vision to be a developed nation by 2020, to push forward the use of innovative technologies in most industries including the construction industry. The adoption of industrialisation and innovations in the Malaysian construction industry has the potential to solve the current problems in the construction industry. The problems are the inferior quality of products and processes, a poor site working conditions, low construction productivity, high construction cost, relying on foreign workers and lack of skill labours. The adoption of industrialisation and innovations promote sustainability in the construction environment. The objectives of the study are to investigate whether the adoption of industrialisation in the construction environment promotes sustainability and to identify the current level of industrialisation of the Malaysian construction industry. The methodologies of the study are semi-structure interview and observation. The Malaysian construction industry is ready to embrace industrialisation in construction environment in limited areas and industrialisation promotes sustainability in the construction environment
Adopting modular construction in the Malaysian construction industry / Muhamad Faiz Musa … [et al.]
No full textPrefabrication and offsite construction promotes sustainability in the construction environment and industry that is essential to protect ecosystems, improves air quality, reduces waste, conserves natural resources and improves water quality. This paper discusses a study on adopting modular construction through Industrialised Building System (IBS) approach in the Malaysian construction industry. The sustainability principles in offsite construction and IBS have always maintained a balance between environment and construction, improve human self-respect and encourage economic development
Industrialised Building System Modular System (IBSMS) Organisational Readiness Framework
No full textAbstractOff-site prefabrication and modern method of construction (MMC) has proven to promote sustainability in the construction industry that improve human sociology, foster economic development and environment stability. Modular construction is an innovation in the Malaysian construction industry. This paper discusses the study on IBSMS Organisational Readiness Framework for modular construction implementation through IBS approach in Malaysia. The study explored and identified the readiness elements and criteria as the main components of the framework. Through the framework, organisations that execute modular construction or IBSMS will be well prepared and ready to execute modular construction efficiently, thus improving Malaysian construction industry
Finansal varlık fiyatlama modeli ve İstanbul Menkul Kıymetler Borsası bankacılık sektörü uygulaması (1999-2009)
No full textGün, Musa (Dogus Author)Capital Asset Pricing Model (CAPM) and Arbitrage Pricing Model are two main asset pricing models that explain capital asset pricing and stock returns in financial theory. The purpose of this study is to search the validity of CAPM, which is also known as the capital market equilibrium model, in our country. In the application of the research daily closing prices of 11 banks stocks that are traded in Istanbul Stock Exchange Market (ISE) are evaluated over the 1999-2009 period. There are two main reasons while choosing banking sector in order to test the validity of CAPM; Banking sector in the ISE is subject to more controls and audits compared to other sectors. Therefore, assets chosen from the banking sector have less possibility of overpricing, underpricing or manipulation risks over the prices. Thus, probability of reflecting the right prices of the assets is higher for the banking sector assets. Secondly, changes in the interest rates are immediately reflected in banking sector, since their affairs based on interest rates banks are highly sensitive to interest rate changes. This sensitivity played a crucial role to consider banking sector assets. In the research performed by Copeland, Koller and Murrin (1994) it is observed that beta of banking sector is the most close to the market beta. Thereupon, it is thought that market representation likelihood of banking sector is high.Finansal Varlık Fiyatlama Modeli ve Arbitraj Fiyatlama Modeli, finans teorisinde finansal varlıkların fiyatlanması ve bu varlıkların getirilerini açıklamaya yönelik temel fiyatlama modelleri olarak yer almaktadırlar. Bu çalışmanın amacı sermaye pazarı denge modeli olarak da bilinen Finansal Varlık Fiyatlama Modeli’nin ülkemizde geçerliliğini araştırmaktır. Araştırma gerçekleştirilirken ülkemizde bankacılık alanında faaliyette bulunan ve sermaye piyasası pazarı olarak bilinen İstanbul Menkul Kıymetler Borsası (IMKB)’nda hisselerinin alım satımı yapılan 11 adet banka hissesinin 1999–2009 dönemindeki günlük hisse kapanış fiyat verileri dikkate alınmıştır. Finansal Varlık Fiyatlama Modeli’nin geçerliliği test edilirken bankacılık sektörünün tercih edilmesinin iki temel nedeni bulunmaktadır; Bankacılık sektörü İMKB’de işlem gören diğer sektörlere nispeten daha fazla denetime ve kontrollere tabi olan bir sektör olarak yer almaktadır. Bu nedenle ilgili sektörden seçilen hisse fiyatları üzerinde olası yüksek veya düşük değerlemelerin ve manipülasyonların daha az olması beklenmektedir. Bu da fiyat verilerinin gerçeği yansıtma olasılığını arttırmaktadır. Bankacılık sektörünün faaliyetlerinin faizlerde meydana gelecek değişiklikleri anında yansıtması, faiz değişikliklerine karşı duyarlılığın yüksek olması bankacılık sektörü verilerinin tercih edilmesinde önemli olmuştur. Copeland, Koller ve Murrin (1994) tarafından yapılan çalışmalarda da bankacılık sektörü betasının piyasa betasına en yakın olduğu gözlenmiştir. Bu gözlem üzerine bankacılık sektörünün piyasayı temsil etme olasılığının yüksek olduğu düşünülmektedir
The Industrialised Building System Modular System (IBSMS) Framework
No full textThe enhancement of quality and to promote sustainability in the construction or built environment can be achieved through the adoption of offsite manufacturing (OSM). The adoption OSM through modular construction is already being adopted all over the world but to be considered as new technology and innovation in Malaysia. This paper will discuss the development of a framework for modular construction that embraced the Malaysian IBS approach. The framework is developed from the existing framework, literature review and the findings of the case studies. The established framework hopes to increase the understanding and awareness of modular construction in Malaysia.Keywords: Industrialised Building System (IBS); modular construction; Industrialised Building System Modular System (IBSMS); offsite manufacturing (OSM)ISSN: 2398-4287© 2017. The Authors. Published for AMER ABRA by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia
Adopting Modular Construction in the Malaysian Construction Industry
No full textPrefabrication and offsite construction promote sustainability in the construction environment and industry which is essential to protect ecosystems, improve air quality, reduce waste, conserve natural resources and improve water quality. This paper discusses a study on adopting modular construction through Industrialised Building System (IBS) approach in the Malaysian construction industry. The sustainability principles in offsite construction and IBS have always maintained a balance between environment and construction, improved human self-respect and encourage economic development
Enhancing the Quality of Life by Adopting Sustainable Modular Industrialised Building System (IBS) in the Malaysian Construction Industry
No full textAbstractIncorporating sustainability in the construction process is essential to protect ecosystems, improves air quality, reduces solid waste, conserves natural resources and improves water quality. This paper discusses the study on enhancing the quality of life by adopting Sustainable Modular Industrialised Building System (IBS) which focuses on the Malaysian construction industry players and stakeholders, building owners and end users need. The sustainability principles in IBS have always maintained the balance between environment and construction, improve human self-respect and encourage economic development to strive for a better quality of life
Industrialized building system plan of work
No full textIndustrialised building systems (IBS) is a term used to describe construction method that produced building components manufactured in a factory, transported and assembled into a structure using appropriate machinery and equipment with minimal workers on site.The project life cycle is a project independent series of activities that commences from the starting point until the moment it was successfully delivered. Generally in a construction project, the phases or stages are initiating, planning, executing, monitoring and controlling as well as the closing stage.This paper is part of an on-going research on the IBS project management life cycle through the IBS approach in the Malaysian construction industry.The data and information presented is the review of the available relevant literature on this research topic. This paper incorporates an analysis of the definitions and IBS/off-site plan of work or similar to it outside Malaysia.The identification of the plan/cycle from the analysis is critically essential to becoming the fundamental foundation for further research into the subject matter.It is hoped that at the end of the core research, industry players will be provided with a guideline that adopts a concept of “cradle to grave” in managing IBS throughout its plan of work/life cycle
Convenient multi-parameter water quality analysis by onsite filtered sample for eutrophication monitoring
No full textThe Potential Application of IBS Modular System in the Construction of Housing Scheme in Malaysia
No full textAbstractIndustrialised Building System (IBS) Modular System (MS) is a construction delivery method where buildings are manufactured 60% to 90% off-site in a factory-controlled environment and transported, assembled and fixed at the final building site. Findings from the questionnaire survey indicated that the MS may be able to reduce the total construction time and minimise the construction wastage considerably. However, the high initial cost and lack of technical expertise are among the hindrances in the implementation of Modular System in Malaysia. This paper will also look into options in achieving the quality of life aimed for its tenants and community
