Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/223344
Title: A SWOT ANALYSIS ON PREFABRICATION SPECIALISTS IN SINGAPORE
Authors: CHIA RONG JIE, JONATHAN
Keywords: Building
PFM
Project and Facilities Management
Ling Yean Yng Florence
2018/2019 PFM
DfMA
Prefabrication
Singapore
SWOT Analysis
Issue Date: 4-Dec-2018
Citation: CHIA RONG JIE, JONATHAN (2018-12-04). A SWOT ANALYSIS ON PREFABRICATION SPECIALISTS IN SINGAPORE. ScholarBank@NUS Repository.
Abstract: Prefabrication technology, such as Design for Manufacturing and Assembly (DfMA) has been identified as an option to improving construction productivity and competitiveness in the local construction industry. In face of the changing local construction landscape, the strategic study on the current situation and planning measures for prefabrication specialists are limited. Hence, the study undertakes a Strength, Weaknesses, Opportunities and Threats (SWOT) analysis of prefabrication specialists and provides recommendations on how opportunities and threats can be overcome in the local construction industry. Data were collected from 39 survey questionnaires with local construction professionals such as developers, contractors, consultants and suppliers of prefabricated components. Comparisons made between prefabricated and traditional cast in-situ components found that utilisation of prefabricated components over traditional cast in-situ methodology enjoy time savings of 7.8% and significantly higher quality finish albeit at an increased cost of 12.2%. The strengths of prefabrication specialists are high production efficiency, short lead time required to provide components and having a strong production track record. The weaknesses are the lack of site and delivery management and the high cost in production of prefabricated components. The opportunities are evident from the government initiatives such as the restriction of foreign labour, drivers for prefabrication technology, initiatives for a productive industry and project specific initiatives. The threats to prefabrication specialists include competition from overseas prefabricators, challenges in securing funding and unfavourable market conditions that disrupt the production process. In order for prefabrication specialists to flourish in the competitive market, it is recommended that the production capability be streamlined through means such as lean philosophy and automation. Partnership with suppliers and transport firms should also be developed to guard against price fluctuations and inaccurate deliveries. Government support in the form of incentives and development of a labour force would aide prefabrication specialists in overcoming their threats and challenges.
URI: https://scholarbank.nus.edu.sg/handle/10635/223344
Appears in Collections:Bachelor's Theses

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