Industrialised Building Systems (IBS) in Malaysian construction industry / Dr Hjh Hamimah Adnan and Nor Azmi Ahmad Bari

This study focuses on cost estimating techniques which commonly used by Quantity
Surveyor and factors that influencing the construction cost in the Malaysian construction
industry. Early stage cost estimating is one of the most important activities during
project planning. Every project begins its life from concepts proposed by the owner and
refined by the designers. This is due to the nature of planning, which occurs at the early
stages of project where limited information is available and many factors affecting the
project costs are unknown. Future uncertainties plaguing the construction industry
further complicate the planning processes.
As such, this study investigates the incidence-of-use of current practices of cost
estimating techniques in the construction industry in Malaysia. It determines whether the
call for a 'paradigm shift' from traditional models towards a general use of the nontraditional
methods or new wave method is achieved. This provides the platform for
developing a model that can be used in the early stage of cost planning.