Discovering the Way Forward in Cost Management Research for Malaysia Rail Project: A Review

Nurhidayah Md Isa, Mohamad Zahierruden Ismail and Zuhaili Mohamad Ramly
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Nurhidayah Md Isa: Faculty of Built Environment and Surveying, Universiti Teknologi Malaysia, 81310 UTM Johor Bahru, Johor
Mohamad Zahierruden Ismail: Faculty of Built Environment and Surveying, Universiti Teknologi Malaysia, 81310 UTM Johor Bahru, Johor
Zuhaili Mohamad Ramly: Faculty of Built Environment and Surveying, Universiti Teknologi Malaysia, 81310 UTM Johor Bahru, Johor

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 6, 1281-1295

Abstract: Developing a robust rail network has always been a priority for countries, especially those in the process of development. The growth of the rail industry plays a crucial role in boosting a nation’s economy and productivity. The purpose of this paper is to provide an in-depth review aimed at establishing a standardized framework for identifying and categorizing the factors affecting cost performance in rail projects. As the Malaysian government actively develops rail projects intending to transition public transport from road to rail, it is evident that the Malaysian railway industry lacks sufficient academic research on topics related to construction cost management, hence the performance of this study. To achieve this purpose, a Systematic Literature Review (SLR) was performed on multiple journal publications related to rail project management spanning from 2016 to 2023. Ultimately, 23 publications had been selected to be critically analyzed, focusing on research related to rail cost management. The analysis sheds light on current research trends, highlights gaps in existing knowledge, and suggests potential avenues for future research. A well-structured plan can enhance the expertise of cost managers by emphasizing essential requirements. Furthermore, the thorough examination of the literature delves into the fundamental concepts of this subject. Researchers can draw valuable insights from these assessments, guiding them towards areas where research is most needed and providing stakeholders and academics with discoveries for enhancing rail project cost management in the future.

Date: 2024
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