Measuring the Performance of Value Management Studies in Construction PDF Download
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Author: Gongbo Lin
Publisher:
ISBN:
Category : Construction industry
Languages : en
Pages : 490
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Book Description
Author: Gongbo Lin
Publisher:
ISBN:
Category : Construction industry
Languages : en
Pages : 490
Get Book Here
Book Description
Author: John Kelly
Publisher: John Wiley & Sons
ISBN: 1118355148
Category : Technology & Engineering
Languages : en
Pages : 581
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Book Description
VALUE MANAGEMENT OF CONSTRUCTION PROJECTS Second Edition Value Management is a philosophy, set of principles and structured management methodology for improving organisational decision-making and value-for-money. It is well-established in the international construction industry and has been endorsed as good practice in a range of UK government sponsored reports. The authors have addressed the practical opportunities and difficulties of Value Management by synthesising background, international developments, and benchmarking with their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. Covering methods and practices, frameworks of value and the future of value management, this thoroughly updated second edition extends the integrated value philosophy, methodology and tool kit to describe the application of Value Management to service delivery, asset management and programmes, in addition to projects, products and processes. In particular, the new edition responds to: A range of recent UK industry and government publications; and most notably BS EN 16271:2012 - Value management: Functional expression of the need and functional performance specification; the imminent update of BS EN 12973:2000 Value Management; BS EN 1325 Value Management – Vocabulary, Terms and Definitions; the changes to "Value for Europe" governing the training and certification of Value Management in European Union countries; the UK Government’s Management of Value (MoV) initiative, and other leading reports, international guidance and relevant standards. Changes in Value Management practice, particularly in programmes and projects. Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realisation. Initiatives in asset management covering the management of physical infrastructure, for example the suite of three standards under the generic title of BS ISO 55000: 2014 Asset Management, and its predecessor BSI PAS55 2008 Asset Management: Specification for the Optimized Management of Physical Assets. It contains a dedicated chapter of exemplar case studies which demonstrate the new areas of theory and practice, and an extensive set of tools and techniques of use in Value Management practice. Public and private construction clients and construction professionals such as cost consultants, quantity surveyors, architects, asset managers, engineers, and project managers will all find Value Management of Construction Projects essential reading. It will also be of interest to researchers and students on construction related courses – particularly those at final year undergraduate and at Masters level.
Author: Mario Vanhoucke
Publisher: Springer Science & Business Media
ISBN: 144191014X
Category : Technology & Engineering
Languages : en
Pages : 184
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Book Description
Meant to complement rather than compete with the existing books on the subject, this book deals with the project performance and control phases of the project life cycle to present a detailed investigation of the project’s time performance measurement methods and risk analysis techniques in order to evaluate existing and newly developed methods in terms of their abilities to improve the corrective actions decision-making process during project tracking. As readers apply what is learned from the book, EVM practices will become even more effective in project management and cost engineering. Individual chapters look at simulation studies in forecast accuracy; schedule adherence; time sensitivity; activity sensitivity; and using top-down or bottom-up project tracking. Vanhoucke also offers an actual real-life case study, a tutorial on the use of ProTrack software (newly developed based on his research) in EVM, and conclusions on the relative effectiveness for each technique presented.
Author: Geoffrey Q. P. Shen
Publisher: Routledge
ISBN: 1317527534
Category : Technology & Engineering
Languages : en
Pages : 196
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Book Description
This cutting edge study explores alternative methods and tools to obtain value for money while maintaining quality in construction projects, especially large and complex ones. Extensive references throughout will help the reader develop a deeper understanding of the methodology, and self-study questions help to keep you on track. Ideal as a reference for practitioners and the perfect intro for students of construction or real estate.
Author: Steven Male
Publisher: Thomas Telford
ISBN: 0727727303
Category : Benchmarking (Management)
Languages : en
Pages : 76
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Book Description
Value management (VM) is a structured, team-oriented approach to problem solving that can be applied to the concept, design, construction and on-going management phases of a project. The primary reasons for any client or consultant to commission a VM study is to achieve value improvements and/or monetary savings. The Research documentThis document presents the findings of the three year research programme that formed the basis for the Framework results. It compares and contrasts the various methodologies, tools, and techniques of VM.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309181763
Category : Transportation
Languages : en
Pages : 52
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Book Description
In 1997, Congress, in the conference report, H.R. 105-271, to the FY1998 Energy and Water Development Appropriation Bill, directed the National Research Council (NRC) to carry out a series of assessments of project management at the Department of Energy (DOE). The final report in that series noted that DOE lacked an objective set of measures for assessing project management quality. The department set up a committee to develop performance measures and benchmarking procedures and asked the NRC for assistance in this effort. This report presents information and guidance for use as a first step toward development of a viable methodology to suit DOE's needs. It provides a number of possible performance measures, an analysis of the benchmarking process, and a description ways to implement the measures and benchmarking process.
Author: Geoffrey Q. P. Shen
Publisher: Routledge
ISBN: 1317527526
Category : Technology & Engineering
Languages : en
Pages : 199
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Book Description
This cutting edge study explores alternative methods and tools to obtain value for money while maintaining quality in construction projects, especially large and complex ones. Extensive references throughout will help the reader develop a deeper understanding of the methodology, and self-study questions help to keep you on track. Ideal as a reference for practitioners and the perfect intro for students of construction or real estate.
Author: M. Larry Shillito
Publisher: John Wiley & Sons
ISBN: 9780471527381
Category : Technology & Engineering
Languages : en
Pages : 368
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Book Description
Written for people of various professions and offering a modern approach to using value analysis for product development, this is a structured process that unites interdisciplinary teams in an organization to select and analyze projects in terms of investment potential and to integrate quality and productivity. It contains four sections that describe the nature, measurement, design and management of value.
Author: Funso Otuyemi
Publisher:
ISBN:
Category :
Languages : en
Pages : 17
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Book Description
This paper examined performance measurement models both in general and in the UK construction industry in particular with the view to investigate the existing performance measuring models used in measuring the performance of earned valued management (EVM). By doing so, it seeks to provide valuable insights into how to construct a comprehensive performance measurement model for the construction industry. This article also discussed the use of earned value management as an analytical tool in construction sector to increase project success rate. The article adopted the content analysis methodology. Notwithstanding, it usage is far reaching in the past couple of years in particular industries. Overall, the paper summarizes the recent performance measurement research studies in construction and integrated the whole process of the performance measurement as a useful insight into future areas of research in this field.
Author: Ayodeji E. Oke
Publisher: Springer
ISBN: 331954151X
Category : Architecture
Languages : en
Pages : 201
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Book Description
This book provides a unique guide to value management and sustainability in construction to researchers and professional. The book provides a better understanding of the concept of value management, the basis of sustainable construction and thereafter, demonstrates how using the principles of value management can help to achieve successful construction projects that are financially viable, socially beneficial and do not damage the environment. The book serves as an introduction to value management for scholars and researchers at all levels; and also as a practical guide for construction professionals, employers and other stakeholders in the construction industry.
