Value Management of Construction Projects / Edition 1

Value Management of Construction Projects / Edition 1

by John Kelly, Steven Male, Drummond Graham
     
 

ISBN-10: 0632051434

ISBN-13: 9780632051434

Pub. Date: 03/08/2004

Publisher: Wiley

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

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Overview

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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Product Details

ISBN-13:
9780632051434
Publisher:
Wiley
Publication date:
03/08/2004
Pages:
380
Product dimensions:
6.69(w) x 9.61(h) x 0.78(d)

Table of Contents

Preface
1Introduction1
Pt. 1Method and Practice9
2Developments in Value Thinking11
3Function Analysis51
4Teams, Team Dynamics and Facilitation81
5Current Study Styles and the Value Process102
Pt. 2Frameworks of Value145
6Value Context147
7The Project Value Chain169
8Client Value Systems195
Pt. 3The Future of Value Management219
9Professionalism and Ethics within Value Management221
10The Future of Value Management257
App. 1Toolbox274
App. 2Case Study315
Bibliography363
Index367

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