Leung, M Y and Liu, A M M (1998) Developing a value management model by value-goal system approach. In: Hughes, W (ed.) Proceedings of 14th Annual ARCOM Conference, 9-11 September 1998, Reading, UK.
Abstract
This paper develops a conceptual model of value management in construction procurement within the framework of goal-setting theory. Value management is aimed at focusing the definitions of project goals through the interaction between the client and the project team members. Project goal specificity at the commencement of the project enhances participant commitment and facilitates clear cognized decision making throughout the project realization stage. The decision process in the value management model consists of two value dimensions, affective and cognitive; project satisfaction is concluded as a project outcome which influences future goal setting. This paper investigates the relationship of value-goal specificity, participants' conflict, commitment and satisfaction in a value-goal management model.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | decision-making; goal specificity; value conflict; value management |
| Index terms: | interaction, project outcome, decision-making, commitment, decision process, project team, dimension, construction procurement, value management, satisfaction |
| Subjects: | project completion, psychology, contractual arrangements, behavioral psychology, health monitoring assessment and metrics, project delivery, management, decision analysis |
| Topics: | Research Practice, Risk Management, Procurement, Value Management, Organizational Design, Project Management, Health and Safety |
| Descriptive scope: | 2 PC |
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