Alaqad, M; Gidado, K; Piroozfar, P; Alkhadim, M and Dorgham, A (2020) Efficacy of value management system in building projects: A UK perspective. In: Scott, L and Neilson, C J (eds.) Proceedings of 36th Annual ARCOM Conference, 7-8 September 2020, Online Event, UK.
Abstract
The main purpose of using Design and Build (D&B) procurement option is to ensure client’s satisfaction is maximised; which is in full concordance with the main purpose of Value Management System (VMS). VMS is considered as a useful tool for enhancing functions, improving quality, and reducing cost and time in construction projects. This synergy has laid the foundation for this research to investigate the measured items that are used in practice to adopt VMS for medium-sized D&B building projects in the UK. Eight building and construction professionals from different backgrounds having significant experience in using D&B procurement system were recruited through purposive sampling method and participated in the data collection using semi-structured interviews. In-depth qualitative analysis has identified key benefits in adopting VMS in D&B projects. However, some of these benefits squandered due to the lack of systematic VMS practice in place. The research concluded that raising clients' awareness of VMS and its benefits, using the VMS techniques, and appointing a value facilitator are of paramount importance yet still widely overlooked by practitioners in the construction industry. The paper makes key recommendations of how these shortcomings could be addressed.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | design-build projects; value management system. |
| Index terms: | facilitator, interview, satisfaction, construction industry, purposive sampling, design and build, option, synergy, construction professional, construction project, practitioner, value management, qualitative analysis, procurement system |
| Subjects: | contractual arrangements, project delivery, practitioner, data collection methods, research design and methodology, industry analysis, partnership management, decision analysis, production management, professional development, management, research methods |
| Topics: | Value Management, Research Practice, Project Management, Information Management, Risk Management, Stakeholder Management, Roles and Professions, 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