Karami, H and Olatunji, O A (2019) Key value engineering protocols in marine projects. Proceedings of Institution of Civil Engineers: Management, Procurement and Law, 173(1), pp. 21-31. ISSN 17514304
Abstract
Despite the uniqueness of marine projects, their value engineering (VE) protocols are similar to those used in other projects. Previous research suggests that problems that may be addressed using VE protocols, including cost and schedule overruns, are still prevalent in marine projects. This research was aimed at identifying key VE protocols for marine projects and their relative importance in preventing scheduling issues. Nineteen VE variables identified from the literature were grouped under four themes. Questionnaire surveys administered to participants from Australia, Iran, Hong Kong, Malaysia, Ecuador, South Africa and South Korea generated 126 valid responses. Factor analysis was used to determine the relative importance of VE variables. The findings suggest that marine projects may benefit when VE protocols achieve the following: (a) integration of objective and empirical knowledge into design; (b) use of pilot studies to understand conditions related to ground and seabed conditions; (c) consideration of work breakdown, resource allocation and inhibiting conditions; and (d) determination of alternative design options for resourcing and construction methods. The findings will guide VE stakeholders to improve productivity and reduce design and construction constraints and risk levels. Future studies may build on these findings for further understanding of cost and schedule performance problems in marine projects.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | maritime engineering; planning & scheduling; project management |
| Index terms: | integration, questionnaire, South Africa, relative importance, scheduling, schedule performance, Ecuador, value engineering, construction method, survey, design and construction, factor analysis, maritime engineering, option, future study, project management, resource allocation, Hong Kong, Malaysia, South Korea, productivity, Australia, schedule overrun |
| Subjects: | Geography, building construction, contractual arrangements, operations research, project management theory and practice, management, infrastructure and transport systems, statistical analysis, project controls, organizational analysis, decision analysis, value management, risk assessment, data collection methods, research design and methodology, resource management |
| Topics: | Time Control, Site Management, Organizational Design, Business Strategy, Cost Management, Research Practice, Risk Management, Procurement, Geographical Context, Project Management, Engineering Principles |
| Descriptive scope: | 4 PCEA |
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