Citation
Mohd Yusuwan, Norazian and Adnan, Hamimah and Omar, Ahmad Faris
(2008)
Clients’ Perspectives of Risk Management Practice in Malaysian Construction Industry.
Journal of Politics and Law, 1 (3).
pp. 121-131.
ISSN 1913-9047
Abstract
This research is focuses on the practice of risk management (RM) in Client’s organization and aims to identify the level
of awareness among construction professionals towards risk management and to examine the policy undertaken when
dealing with risks in a construction project. Apart from that, it also aims to identify the problems and challenges for the
implementation of risk management in Klang Valley, Malaysia. Questionnaire survey and interviews were carried out in
order to obtain a better view on the implementation of risk management in the Malaysian construction industry. It was
found that construction professional especially those who are working in client’s organisation are slowly accepting risk
management as a management tool that will help in managing a construction project effectively and successfully. Based
on the findings of the questionnaires and interviews there are a number of construction professionals who know about
risk management and who have attended training and some of them have even practice risk management in their
organizations. At least, it has been proven that there are organizations that have implemented risk management in their
operations although this is only on a small scale. It can be concluded that risk management still has a long way to go in
order to be accepted and recognized in the Malaysian construction industry.
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