A Review of the Business Management Capability and Adaptability among Malaysian Contractors in the SCORE Program
Natasha Dzulkalnine,
Zalina Mat,
Mhd Jumain Mapplati,
Norfadzilah Abd. Razak and
Syarifah Mastura Syed Abu Bakar
Information Management and Business Review, 2023, vol. 15, issue 1, 14-26
Abstract:
The selection of contractors for the project is one of the important tasks faced by the client such as developers and government agencies. To ensure that the client has selected a reliable contractor which has a good previous record, the Construction Industry Development Board (CIDB) Malaysia has established one program named SCORE by assessing seven (7) scopes of assessment which are business performance, financial capability, technical capability, project management, procurement management, best practices, and management ability. Thus, this study was done to assess the level of capability and adaptability of Malaysian contractors in the business management aspect (Scope 1). This study adopted a mixed methodology involving quantitative through secondary data and qualitative research methods through interviews. The data collected for this study is through secondary data from CIDB’S database which cover from the year 2017 until 2021. Besides that, a series of interview sessions were done to find out further suggestions for the improvement of Malaysian contractors. The findings have shown that business performance among Malaysian contractors is one of the lowest scores as compared to other scopes. Thus, this study has proposed several suggestions to increase the performance of Malaysian contractors, especially in business performance such as holding awareness programs and coaching programs.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rnd:arimbr:v:15:y:2023:i:1:p:14-26
DOI: 10.22610/imbr.v15i1(I)SI.3386
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