Author: Steven Male
Publisher: Thomas Telford
ISBN: 9780727727299
Category : Benchmarking (Management)
Languages : en
Pages : 156
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Book Description
Companion document to: Value management: the value management benchmark; research results of an international benchmarking study, which contains details pf the development of the fremework, highlights important issues and draws conclusions.
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: Steven Male
Publisher:
ISBN: 9780727750013
Category : Benchmarking (Management)
Languages : en
Pages : 63
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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.
Author: John Kelly
Publisher: John Wiley & Sons
ISBN: 1118351231
Category : Technology & Engineering
Languages : en
Pages : 581
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Book Description
Value Management is a philosophy, set of principles and a structured management methodology for improving organisational decision-making and value-for-money. The second edition builds on the success of the first edition by extending the integrated value philosophy, methodology and tool kit to describe the application of Value Management to the areas of service delivery, asset management, and, Programmes, in addition to Projects, products and processes. Value Management is a well-established methodology in the international construction industry, and in the UK has been endorsed as good practice in a range of government sponsored reports. In this book the authors have addressed the practical opportunities and difficulties of Value Management by synthesising the background, international developments, benchmarking and their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. The second edition retains the structure of the first edition, covering methods and practices, frameworks of value and the future of value management. It has been thoroughly updated, and a number of new chapters added to encapsulate further extensions to current theory and practice. 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, together with other leading reports, international guidance and standards on Value Management. Research in Value Management undertaken since publication of the first edition. 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 initiatives covering the management of physical infrastructure, for example the recent launch of a 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" The second edition contains a dedicated chapter of exemplar case studies drawn from the authors' experience, selected to demonstrate the new areas of theory and practice. An Appendix includes an extensive set of tools and techniques of use in Value Management practice. Construction clients, including those in both the public and private sectors, and professionals such as construction cost consultants, quantity surveyors, architects, asset managers, construction engineers, and construction managers will all find Value Management of Construction Projects to be essential reading. It will also be of interest to researchers and students on construction related courses in Higher Education -- particularly those at final year undergraduate and at Masters level.
Author:
Publisher:
ISBN: 9780727750020
Category : Benchmarking (Management)
Languages : en
Pages : 70
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Book Description
This is a reference document indicating the origins of the 'value management benchmark', presenting the evidence and justifying the conclusions. The report therefore contains the research methodology, the corroboration techniques applied to the evidence collected, and the logic behind the conclusions drawn.
Author: Ayodeji E. Oke
Publisher: Emerald Group Publishing
ISBN: 1802624090
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
Value Management Implementation in Construction addresses various factors that can enhance the application of the discipline as well as its adoption among concerned stakeholders and discusses the practice of value management in various developed and developing countries.
Author: Roy M. Woodhead
Publisher: Thomas Telford
ISBN: 9780727729897
Category : Construction industry
Languages : en
Pages : 118
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Book Description
Value Management (VM), as a decision-making process, enables stakeholders to enhance the value provided by a project. While this often leads to cost savings, more importantly, it seeks to provide the best outcome for a project by considering a variety of assessment criteria. These assessment criteria allow customers and other stakeholders to recognise the project as 'preferable' to other alternatives. This report is one of the few to look at Value Management from the client's procurement prospective. Based on extensive empirical research over a period of one year in the UK, it examines why clients use Value Management, how they use it, and what benefits they achieve by applying it. This publication acts as a third-party facilitator helping both clients and providers improve VM. The text provides a comprehensive summary for those wishing to improve organisational Value Creation for all stakeholders and explains how to improve Value Management in a structured way to enhance competitive advantage.Value Management: improving capabilities provides a toolkit to help individual clients and their suppliers structure conversations from which both parties can agree 'what' and 'how' improvements can be made to their VM processes. By reading this report and then using the self-assessment and self-improvement sections, readers will be in a position to reap the benefits that Value Management can bring to their organisation and to its projects.
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: Harold Kerzner
Publisher: John Wiley & Sons
ISBN: 1119851564
Category : Technology & Engineering
Languages : en
Pages : 450
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Book Description
Project Management Metrics, KPIs,and Dashboards Enables readers to easily understand and implement essential strategies on measuring project management performance Project Management Metrics, KPIs, and Dashboards provides complete coverage of what metrics and KPIs are and how to use them effectively, offering comprehensive coverage of the different dashboard types, design issues, and applications that readers may come across during practical application of the concepts. To aid in seamless reader comprehension, the work includes full-color dashboards from some of the most successful project management companies. As a modern resource, the work aligns with PMI’s PMBOK® Guide and stresses value-driven project management. Written by the leading authority in the field, sample topics covered in the work are as follows: Stakeholder relations management, effective metric measurements, selecting the right project metrics, innovation metrics, and how to become and stay agile Comparing traditional and nontraditional projects, defining complexity, decision making, fluid methodologies, global project management, and project management methodologies/frameworks Customer relations management, a new look at defining project success, and why customer satisfaction must always be considered Scope creep, scope creep dependencies, causes of scope creep, the business side of scope creep, and ways to minimize scope creep For project managers across all industries, Project Management Metrics, KPIs, and Dashboards is a valuable resource on the subject that will bolster your awareness of what good metrics management really entails and arm you with the important knowledge needed to measure and communicate performance more effectively.
Author: Mastura Jaafar
Publisher: Penerbit USM
ISBN: 9838617121
Category : Technology & Engineering
Languages : en
Pages : 248
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Book Description
In this new era, changes and innovations that happen in the construction industry force the industry players to increasingly seek knowledge to enhance their firm and project competitiveness. Small as well as large industry players has no exceptions from identifying their strategy for business survival and success. To accommodate those needs, this book presents the new management approaches that could be learned and applied in managing firms and projects. The book goes on to explore the strategic management and project management approaches of business and project entities in construction. Knowledge and ideas discussed in this book were contributed by scholars who are closely involved with research in the industry. Having read their ideas, improving performance would be a significant contribution of this book to the existing and future industry players in construction. Being simultaneously dependent upon each other, this book sees the need to incorporate the various approaches in managing projects and businesses in the construction industry. There will be no doubt, by understanding and practising the approaches, the competitiveness of the industry will be improved.
