Towards the Achievement of Financial Optimization in Construction through Multi-Project Management

This is a conceptual paper discussing the application of Multi-Project Management (MPM) towards financial optimization of construction projects. This study first examines the use of MPM approach in the construction industry. Then, it discusses the financial optimization in projects through the bes...

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Bibliographic Details
Main Authors: Khamidi, M. Faris, Waris, Ali Khan, Idrus, Arazi, Nayyar , Hussain
Format: Conference or Workshop Item
Published: IPEDR 2012
Subjects:
Online Access:http://eprints.utp.edu.my/8582/1/financial_optimization_khamidi.pdf
http://eprints.utp.edu.my/8582/
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Institution: Universiti Teknologi Petronas
Description
Summary:This is a conceptual paper discussing the application of Multi-Project Management (MPM) towards financial optimization of construction projects. This study first examines the use of MPM approach in the construction industry. Then, it discusses the financial optimization in projects through the best use of resources. Finally, it shows through a conceptual model that how MPM approach leads towards the financial optimization in construction projects. This work is part of an ongoing research where the objective is to develop a management framework based on Multi-project Management approach that allows optimal resource and financial planning in order to maintain sustainability aspects in Malaysian construction industry.