Document background
The Project Assessment Matrix serves as an essential tool for organizations operating within the Malaysian business environment to evaluate and assess projects systematically and objectively. This document becomes necessary when organizations need to make informed decisions about project viability, resource allocation, and risk assessment. The matrix incorporates Malaysian regulatory requirements, including considerations from the Contracts Act 1950, Environmental Quality Act 1974, and other relevant legislation. It provides a standardized framework for evaluating projects across multiple dimensions, ensuring consistent assessment methodology while accommodating industry-specific requirements. The document is particularly valuable for organizations handling multiple projects or complex initiatives requiring structured evaluation processes, and it helps ensure compliance with local regulatory requirements while maintaining international project management standards.
