Value Management of Construction Projects / Edition 1by John Kelly, Steven Male, Drummond Graham
Pub. Date: 03/08/2004
This book presents an integrated value philosophy, methodology and tool kit for improving project delivery for construction clients. The book draws together insights from over 200 value studies conducted by the authors across a range of projects varying in size from £1m to over £1bn and procurement routes including partnering, PFI, prime contracting and… See more details below
This book presents an integrated value philosophy, methodology and tool kit for improving project delivery for construction clients. The book draws together insights from over 200 value studies conducted by the authors across a range of projects varying in size from £1m to over £1bn and procurement routes including partnering, PFI, prime contracting and Procure 21. This practical experience is integrated with extensive research and analysis of standards and best practice worldwide. The standards include specifically the British Standard on value management, BS EN 12973:2000, and SAVE International’s Standard for the Value Methodology.
The book examines in detail the value process, function analysis and team dynamics, proposes a method for determining the client’s value system, and presents solutions to undertake value studies at different stages of the project.
Value management has become a well established tool in the construction industry; it has been endorsed in ‘Rethinking Construction’, the Egan Report, published in 1998, in ‘Modernising Construction’, published by the National Audit Office in 2001, and in ‘Accelerating Change’, the Egan update, published in late 2002. Now is an appropriate time to take stock and summarise the developments in value management and record robust models for its practice in construction. The book will be of interest to clients in the private and public sectors, consultants, VM practitioners, researchers, and senior undergraduates and postgraduates across all the construction disciplines.
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Table of Contents
|Pt. 1||Method and Practice||9|
|2||Developments in Value Thinking||11|
|4||Teams, Team Dynamics and Facilitation||81|
|5||Current Study Styles and the Value Process||102|
|Pt. 2||Frameworks of Value||145|
|7||The Project Value Chain||169|
|8||Client Value Systems||195|
|Pt. 3||The Future of Value Management||219|
|9||Professionalism and Ethics within Value Management||221|
|10||The Future of Value Management||257|
|App. 2||Case Study||315|
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