Ekanayake, E M A C and Sandanayake, Y G (2017) Live approach: Lean integrated value engineering for construction industry. Built Environment Project and Asset Management, 7(5), pp. 518-533. ISSN 2044-124X
Abstract
Purpose Increasing demand for the best value for client’s money necessitates waste reduction while enhancing the project functionality in construction industry. The purpose of this paper is to propose Lean integrated Value Engineering (LiVE) approach by establishing the synergy between Lean and Value Engineering (VE) concepts for construction industry. Design/methodology/approach A literature survey and in-depth un-structured interviews with six subject matter experts in three steps were used to investigate the synergy between Lean principles and VE job plan to develop LiVE approach for the construction industry. The gathered data were analysed using code-based content analysis and the LiVE approach was finally validated using interviews by two additional subject matter experts representing industry and academia. Findings Research findings established that there is a synergy between Lean principles and VE job plan. Accordingly, the study developed a LiVE approach, which specify client’s value, identify the value stream, make value flow without interruption, let the client pull functional requirements and pursue perfection during “value establishment”, “value analysis of functional requirements”, “value creativity”, “value evaluation”, “value development”, “value verification” and “value achievement” phases. Originality/value The novel LiVE approach will guide construction industry practitioners on how to integrate Lean concept with VE in order to reduce unnecessary costs and wastes, to enhance project functionality and ultimately to achieve value for client’s money.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction industry; lean; synergy; value engineering; lean integrated value engineering concept; live approach; value for client’s money |
| Index terms: | creativity, interview, value analysis, survey, content analysis, functionality, value engineering, practitioner, academia, best value, lean integrated value engineering, methodology, value stream, synergy, waste reduction, construction industry |
| Subjects: | industry analysis, innovation and creative processes, financial analysis, cost management, partnership management, educational institutions, sustainability assessment, research methods, data analysis and analytics, bidding, design features, practitioner, value management, data collection methods, business |
| Topics: | Cost Management, Research Practice, Engineering Principles, Stakeholder Management, Roles and Professions, Procurement, Sustainability, Design Practice, Value Management, Education |
| 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