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Foresight on Construction
Technology
Manufactured Housing/
Industrialised Building
System (IBS)
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BY
Abdul Rahman Hamdan
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The economy will play
a critical factor for a
technology such as IBS
because prosperous
economy will eventually
create more housing
projects. Population
increase will also spur
development of the
technology. Any events
that affect the economy
and population of
the country will have
the highest impact
to the technology.
......................................................................................................................................................
In this article, the scenario planning tool, one
of the many foresight techniques will be used to
analyse the potential of manufactured housing
to be the mainstream technology for Malaysia
in the future. The manufactured housing or
commonly known as the Industrialised Building
System (IBS) has been making waves in the
Malaysian Construction Industry so far due to
the Government’s commitment in reducing the
foreign labour and, at the same time innovating
the construction processes.
By definition, IBS or referred to in some
countries as prefabricated construction, is
a methodology whereby components are
produced in a controlled environment (either
in factories or on-site), and transported and
assembled at project sites. |
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However, it is important for any company to be
involved in this industry to include the foresight
analysis in determining the possibility of growth
for this technology. Therefore a scenario
planning tool is critical in assessing the potential
business that can be derived. The tool can be
used to predict the future of this technology
and whether it can still be relevant up until
2025. Scenario planning tool can be used to
generate several possible future scenarios of the
construction & housing industry and therefore
preparing the company in any possible outcomes
of the future.
Read Full Article
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