Qiping Shen, G and yu, A T W (2012) Value management: Recent developments and way forward. Construction Innovation, 12(3), pp. 264-271. ISSN 1471-4175
Abstract
The purpose of this paper is to review the development of value management (VM) over the last few decades and propose ways for future development. A qualitative research methodology was adopted which involved a comprehensive review of relevant literature leading to a better understanding of the history and development of VM. A way forward is suggested for the future development of VM. The research revealed that sustainable development is an area which has great potential for the application of a VM methodology in the construction industry in order to ensure sustainable design and development is leveraged during the life span of construction projects. The research work described in this paper encourages researchers and practitioners to integrate VM and sustainable development. It enables the VM community to have a better understanding of applying VM techniques to address “green building” issues and the potential of applying VM to promote sustainability in buildings.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction industry; sustainable development; value management |
| Index terms: | construction industry, value management, sustainable development, sustainable design, history, qualitative research, methodology, construction project, practitioner, green building |
| Subjects: | research methods, design practice, management, design process, production management, health safety and environment, industry analysis, research design and methodology, practitioner, architectural and construction history |
| Topics: | Roles and Professions, Health and Safety, Project Management, Research Practice, Design Practice, Value Management |
| Descriptive scope: | 3 PCT |
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