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Value Management In Design And Construction : The Economic Management Of Projects

John R. Kelly, +1 more
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TLDR
In this paper, the authors present a case study of a North American value engineering consultancy practice: Smith, Hinchman and Grylls, Washington, 1986, and a proposal for a UK implementation of value management.
Abstract
Introduction. Part 1: Development and principles of North Amercian value engineering. Introduction to value management. North American value engineering prinicples. Part 2: The practice of North American value engineering. North American value engineering practice. North American project case stidies. North American client implementation case studies. A case study of a North American value engineering consultancy practice: Smith, Hinchman and Grylls, Washington, 1986. Part 3: An analysis, critique and evaluation of North American value engineering. A critique of North American value engineering. Project economics and the client value system. Part 4: A proposal for a UK implementation of value management. Functional analysis. Life cycle costing. Group dynamics and team skills. A proposed UK methodology. key issues for practice. References. Index.

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Transforming project risk management into project uncertainty management

TL;DR: In this article, the authors argue that all current project risk management processes induce a restricted focus on the management of project uncertainty, and argue that a focus on "uncertainty" rather than risk could enhance project risk, providing an important difference in perspective.
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Critical Success Factors for Value Management Studies in Construction

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.
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Value management practices of leading UK cost consultants

TL;DR: In this paper, the authors investigate the attitudes and experiences of value management facilitators within major UK cost consultancies, and find that despite the acknowledged importance of early interventions, the focus for many VM studies tends to be at spaces and element levels, rather than at the earlier concept level.
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Measuring the performance of value management studies in construction : critical review

TL;DR: In this article, the authors present a critical review of the development of performance measurement in general and the performance measurement of value management studies in the construction industry, with a special focus on the performance of VM studies in construction.

The St. Olaf College Fieldhouse Project: A Case Study in Designing to Target Cost

Glenn Ballard, +1 more
TL;DR: In this article, the authors present a study of the Fieldhouse project intended to reveal the potential for positive impact on project performance of designing to target cost, and to support the need for further research into target costing.
Trending Questions (1)
How can be explain the course concept of value management using the lens finanacial management in mega projects?

The provided paper does not specifically discuss the concept of value management using the lens of financial management in mega projects.