Joint venture projects in Malaysian construction industry: Factors critical to success

Adnan, H and Morledge, R (2003) Joint venture projects in Malaysian construction industry: Factors critical to success. In: Greenwood, D J (ed.) Proceedings of 19th Annual ARCOM Conference, 3-5 September 2003, Brighton, UK.

Abstract

This paper argues a case that there is a need to identify the primary criteria which need to be achieved in each joint venture project if the future of such an initiative is to be assured. The paper analyses existing interpretations of Critical Success Factors (CSFs) to assist in establishing a new definition addressing the CSFs for joint venture projects particular in the Malaysian Construction Industry. The main factors considered to be crucial to joint venture success were identified from a wide literature review. The opinion of civil and building contractors, housing developers, specialist sub-contractors was sought in relation to these factors through a pilot study. An analysis of the responses identified twenty-one factors to be accepted as critical to the success of joint venture projects. Following the pilot study, those considered to be critical will be identified and subject to further empirical testing to confirm the potential critical success factors for any joint venture in Malaysia and each CSF is defined.

Item Type: Conference Paper (Paper)
Uncontrolled Keywords: critical success factors; joint venture projects; Malaysian construction industry
Index terms: Malaysia, joint venture, building contractor, literature review, specialist sub-contractor, critical success factor, testing, construction industry, housing developer
Subjects: Geography, sociology, industry analysis, business, practitioner, control systems, professional practice, data analysis and analytics
Topics: Roles and Professions, Stakeholder Management, Engineering Principles, Geographical Context, Project Management, Research Practice, Business Strategy
Descriptive scope: 4 PCTA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here