Tanko, B L; Abdullah, F; Mohamad Ramly, Z and Enegbuma, W I (2018) An implementation framework of value management in the Nigerian construction industry. Built Environment Project and Asset Management, 8(3), pp. 305-319. ISSN 2044-124X
Abstract
Purpose: The purpose of this paper is to develop a framework for value management (VM) implementation by establishing the effect of critical success factors on current construction practices. This will aid stakeholders to improve productivity of construction practices in the Nigerian construction industry. The study established the requirements that ought to be satisfied for VM to successfully enhance productivity of construction activities. Design/methodology/approach: Data collection was based on self-administered questionnaires from 344 registered construction professionals in Nigeria. The Statistical Package for Social Sciences version 25 and structural equation modelling were used to analyse the data for both descriptive and inferential analyses. Kaiser-Meyer-Olkin measure of sampling adequacy revealed that the internal consistency of the developed research instrument was appropriate, while the confirmatory factor analysis indicated satisfactory goodness-of-fit indices among acknowledged determinants of the structural model. Findings: A framework that established the requirements for the successful implementation of VM construction practices in the Nigerian construction industry. Originality/value: A structural model validated the requirements of applying VM on current construction practices. The established requirements (environment, people, government and information/methodology) can be used by decision makers and stakeholders to improve productivity of the current construction practices in the Nigerian construction environment. A framework was developed and validated by construction experts to confirm its suitability, usefulness and acceptance.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | critical success factor; current; practices; productivity; structural equation modelling; value management |
| Index terms: | package, confirmatory factor analysis, Nigeria, structural equation modelling, construction activity, productivity, sampling, questionnaire, value management, methodology, social science, construction professional, suitability, construction industry, determinant, implementation, critical success factor |
| Subjects: | contractual arrangements, construction operations, data collection methods, risk assessment, control systems, statistical analysis, design criteria, industry analysis, research methods, theoretical framing, management, professional development, Geography |
| Topics: | Business Strategy, Information Management, Geographical Context, Project Management, Research Practice, Risk Management, Procurement, Design Practice, Value Management, Site Management |
| 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