By John Kelly, Steven Male, Drummond Graham
This e-book offers an built-in price philosophy, technique and power package for bettering venture supply for consumers, in keeping with top perform. It combines the speculation and perform of worth administration and is written in the sort of means that the idea, technique, workshop types, instruments and methods may be learn independently if the reader wishes.Content:
Chapter 1 advent (pages 1–7):
Chapter 2 advancements in price considering (pages 11–50):
Chapter three functionality research (pages 51–80):
Chapter four groups, workforce Dynamics and Facilitation (pages 81–101):
Chapter five present learn types and the worth method (pages 102–144):
Chapter 6 price Context (pages 147–168):
Chapter 7 The undertaking price Chain (pages 169–194):
Chapter eight purchaser worth platforms (pages 195–217):
Chapter nine Professionalism and Ethics inside worth administration (pages 221–256):
Chapter 10 the way forward for worth administration (pages 257–273):
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Additional info for Value Management of Construction Projects
Example text
Within the original scheme the design team had used considerable ingenuity to design an expansion in the boiler house facility around the constraint of the existing buildings. Advantages and disbenefits of the value engineering study A value engineering study is seen as being effective by reason of: & & & The generation of alternative technical solutions to a problem that has been costed in initial and life cycle cost terms. The fixing of a date for the completion of a sketch design. Although not a function of the study, it has been stated that the setting of a date for the study forces the design team to complete to a more advanced stage than would otherwise be achieved particularly by the engineering designers.
The project would have reached sketch design and, while the team might address level 2 issues, in the absence of a client representative the team would be more likely to be concerned with levels 3 and 4. The absence of the client would indicate that the client's value system is embedded in the design to date. This was seen as potentially adversarial but is objective and with the opportunity for technology transfer. However, the implementation rate of potential savings could be low and there is a danger that quality could be compromised.
5, Male et al. (1998) The Value Management Benchmark21. Time Brainstorming 2. CREATIVITY WORKSHOP ENDS Development in detail Detailed workshop report IMPLEMENTATION POST WORKSHOP (OUTPUT) Developments in Value Thinking 47 48 Method and Practice similar in that studies were normally addressing levels 1, 2 and/or 3 whereas workshops on building projects encompassed levels 1 to 4. This provided the foundation for the benchmarking study22 published in 1998 by Thomas Telford, and referred to throughout the remainder of the text.