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

• Main Authors: Khamidi, M. Faris, Waris, Ali Khan, Idrus, Arazi, Nayyar , Hussain
• Format: Conference or Workshop Item
• Published: IPEDR 2012
• Subjects: TA Engineering (General). Civil engineering (General)
• Online Access: http://eprints.utp.edu.my/8582/1/financial_optimization_khamidi.pdf; http://eprints.utp.edu.my/8582/
• Institution: Universiti Teknologi Petronas

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.