Journal ArticleDOI
Beyond value engineering: smart value management for building projects
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In this article, the authors distinguish between value management and value engineering on the basis of their underlying assumptions, and introduce smart value management as the means by which these ends can be achieved.About:
This article is published in International Journal of Project Management.The article was published on 1994-02-01. It has received 136 citations till now. The article focuses on the topics: Value engineering & Value network.read more
Citations
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An exploration towards a production theory and its application to construction
TL;DR: The TFV-teoriaksi (Transformation, flow, value generation) as discussed by the authors is a well-known method for value generation in the literature, e.g. in finance.
Dissertation
The last planner system of production control
TL;DR: The Last Planner system has previously been successfully applied by firms with direct responsibility for production management; e.g., specialty contractors as mentioned in this paper, to increase plan reliability during design processes.
Journal ArticleDOI
Directions for future research in project management: The main findings of a UK government-funded research network
TL;DR: The Rethinking Project Management (RPM) project management research network as mentioned in this paper was created by the UK's Engineering and Physical Sciences Research Council (EPSRC) to define a research agenda aimed at enriching and extending the subject of project management beyond its current conceptual foundations.
Journal ArticleDOI
Critical Success Factors for Value Management Studies in Construction
Qiping Shen,Guiwen Liu +1 more
TL;DR: In this paper, a questionnaire survey was conducted to gather views from experts with experience in value management practice, revealing the relative importance of the nominated success factors and two factors that had not been highlighted by previous research.
Journal ArticleDOI
Taking stock of project value creation: A structured literature review with future directions for research and practice
Markus Laursen,Per Svejvig +1 more
TL;DR: In this paper, the authors take stock of what we know about project value creation and to present future directions for research and practice, including rejuvenating value management through combining value, benefits, and costs; supplementing value creation with value capture; applying a holistic approach to project, portfolio and strategic management; and theorizing by applying independent models and frameworks.
References
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Book
Systems Thinking, Systems Practice
TL;DR: The Soft Systems Methodology (SSM) as discussed by the authors is an alternative approach which enables managers of all kinds and at any level to deal with the subtleties and confusions of the situations they face.
Book
Decision analysis and behavioral research
D. Von Winterfeldt,Ward Edwards +1 more
TL;DR: In this article, the authors present an integrative presentation of the principles of decision analysis in a behavioral context, including sensitivity analysis, value-utility distinction, multistage inference, attitudes toward risk, and attempt to make intuitive sense out of what have been treated in the literature as endemic biases and other errors of human judgement.
Journal ArticleDOI
How to Use Multiattribute Utility Measurement for Social Decisionmaking
TL;DR: Data is presented illustrating the application of multiattribute utility measurement to two specific instances: management of the coastal zone of the town of Venice, a part of Los Angeles, CA; and selection of research programs for the Office of Child Development, Department of Health, Education, and Welfare.
Book ChapterDOI
Soft Systems Methodology
Peter Checkland,John Poulter +1 more
TL;DR: This paper, written by the original developer Peter Checkland and practitioner John Poulter, gives a clear and concise account of the approach that covers SSM’s specific techniques, the learning cycle process of the methodology and the craft skills which practitioners develop.