Thneibat, M; Thneibat, M and Al-Tamimi, B (2022) Establishing the synergy between the perceptions of construction professionals and the phases of value management. Engineering, Construction and Architectural Management, 29(4), pp. 1835-1860. ISSN 0969-9988
Abstract
Purpose: This study aims to lay the groundwork for the potential application of value management (VM) in construction projects. This paper presents a critical review on the status of VM in a developing country and highlights the role of perceptions on critical success factors (CSFs) for the phases of VM studies, as the participants in a VM study should consider CSFs tailored to the local context. Design/methodology/approach: A series of interviews and a questionnaire were conducted to understand the drivers, perceptions, barriers, and CSFs of VM in the Jordanian construction industry. Although descriptive statistics were used to analyze the status of VM, a structural equation modeling (SEM) approach was adopted to highlight the interrelationships between perceptions and the CSFs of the three phases of VM (i.e. pre-workshop, workshop, and implementation). Findings: The descriptive analysis revealed conflicting viewpoints for perceptions and drivers. Most practitioners acknowledged little awareness of VM phases, and the SEM results indicated that perceptions of VM, in terms of its capacity in improving the scope and objectives of the project, and reducing overall costs, most strongly influenced the CSFs of the implementation phase in terms of support and clear plan for implementation, and had the least influence on the pre-workshop phase. Further, the perceptions had a moderate effect on the CSFs of the workshop phase and it tended to be positive, highlighting the importance of function analysis in this phase. Originality/value: This is the first study to reveal the status of VM in Jordan in terms of adoption, drivers, perceptions, barriers and CSFs; no prior studies have investigated how perceptions can affect the CSFs of each phase of VM and the endorsement of VM by the construction industry. The contributions of this study include linking the perceptions of construction professionals with the CSFs of VM.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction; critical success factors; Jordan; perceptions; value management; value management phases |
| Index terms: | synergy, statistics, Jordan, implementation, construction industry, value management, construction professional, function analysis, workshop, critical success factor, questionnaire, practitioner, construction project, methodology, structural equation modelling, developing country, interview |
| Subjects: | development economics, professional development, production management, Geography, research methods, management, statistical analysis, industry analysis, partnership management, control systems, practitioner, mathematical modelling, data collection methods, construction type, data science, contractual arrangements |
| Topics: | International Construction, Value Management, Project Management, Geographical Context, Research Practice, Information Management, Engineering Principles, Roles and Professions, Stakeholder Management, Construction Technology, Procurement |
| Descriptive scope: | 5 PCTEA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here