Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/220451
Title: CONSTRUCTION MANAGEMENT IN CONTEMPORARY SINGAPORE
Authors: TOH YUN TAO ROYSTON
Keywords: Building
Construction industry
Construction management
Contractors
Procurement
Issue Date: 1-Oct-2009
Citation: TOH YUN TAO ROYSTON (2009-10-01T11:59:26Z). CONSTRUCTION MANAGEMENT IN CONTEMPORARY SINGAPORE. ScholarBank@NUS Repository.
Abstract: The construction industry faces several technical, financial, political and cultural challenges. As compared to the past, the industry has evolved from a labor intensive industry to a knowledge-based industry. It is very cyclical, and the main driving force for its economy is the government. It is evident that when the government decides to expand the country’s infrastructure, a lot of projects will be put up for tender. Hence, contractors and consultants are able to capitalize on this and grow in their operations. However, a gap is left behind once the government decides to hold back the projects due to rising construction costs and it may become a serious problem in the industry. In addition, advancements of technology have made impossible designs possible. As such, construction projects have become more complex and complicated. Consequently, suitability and applicability of the procurement method chosen to deliver the project becomes very vital to the success of the construction. In today’s context, there are various procurement methods which are available and each of them has its own advantages and disadvantages. Hence, it is very important to choose the suitable one to procure a project. In this paper, it is argued that local contractors are losing their level of influence as they are in no position to choose what type of project to develop or have any form of decision making for any development. Hence, it is important that they are able to re-position themselves in the command chain of a construction project. A hypothesis was drawn to test on this and it was found that construction management as a form of procurement is not widely used in Singapore and the benefits identified by using such a method are not recognized.
URI: https://scholarbank.nus.edu.sg/handle/10635/220451
Appears in Collections:Bachelor's Theses

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