This book presents an integrated value philosophy, methodology and tool kit for improving project delivery for clients, based on best practice. It combines the theory and practice of value management and is written in such a way that the theory, methodology, workshop styles, tools and techniques can be read independently if the reader wishes.
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Editorial Reviews
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'An excellent reference book ... the practical experience of the authors is apparent as are their academic credentials'
Building Engineer September 2004.
From the Back Cover
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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Inside This Book
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First Sentence:
Value management is the name given to a process in which the functional benefits of a project are made explicit and appraised consistent with a value system determined by the client. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
project value chain, element function analysis, value opportunity point, functional space analysis, regular procuring clients, value management facilitator, value management exercise, value management study, function diagramming, value management context, client value system, workshop phase, value management service, concept design study, value management workshop, function logic diagram, value management studies, value management process, briefing study, value engineering team, value management team, value engineering study, project execution plan, qualifying associations, value thread Key Phrases - Capitalized Phrases (CAPs): (learn more)
North American, University of Leeds, New York, Thomas Telford, Institute of Value Management, Royal Institution of Chartered Surveyors, Miles Value Foundation, Heriot Watt University, Society of American Value Engineers, Blackwell Publishing, Certification Board, Managing People, South-Western College, Department of Defense, European Governing Board, Information Human, Public Private Partnership, Introduction Value, Pre-brief Briefing Sketch, Private Finance Initiative, Rethinking Construction, The Free Press, Value Management Work Plan Value Methodology New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Value management is the name given to a process in which the functional benefits of a project are made explicit and appraised consistent with a value system determined by the client. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
project value chain, element function analysis, value opportunity point, functional space analysis, regular procuring clients, value management facilitator, value management exercise, value management study, function diagramming, value management context, client value system, workshop phase, value management service, concept design study, value management workshop, function logic diagram, value management studies, value management process, briefing study, value engineering team, value management team, value engineering study, project execution plan, qualifying associations, value thread Key Phrases - Capitalized Phrases (CAPs): (learn more)
North American, University of Leeds, New York, Thomas Telford, Institute of Value Management, Royal Institution of Chartered Surveyors, Miles Value Foundation, Heriot Watt University, Society of American Value Engineers, Blackwell Publishing, Certification Board, Managing People, South-Western College, Department of Defense, European Governing Board, Information Human, Public Private Partnership, Introduction Value, Pre-brief Briefing Sketch, Private Finance Initiative, Rethinking Construction, The Free Press, Value Management Work Plan Value Methodology New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 57
books:
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6
books
cite this book:
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- The Value Management Benchmark: Research document by Steven Male on 9 pages
- Value Management in Design and Construction by John Kelly on 5 pages
- Techniques of Value Analysis and Engineering by Lawrence D. Miles on 5 pages
- The Anatomy of Major Projects: A Study of the Reality of Project Management by Peter Morris on 4 pages
- Engineering Project Management by Nigel J. Smith on 4 pages
See all 57 books this book cites
- Best Value in Construction by John Kelly on page 300
- Modern Construction Management by Frank Harris III in Back Matter
- Stimulating Innovation in Products and Services : Function Analysis and Function Mapping by J. Jerry Kaufman in Back Matter
- Managing Construction Projects: An Information Processing Approach by Graham M. Winch in Back Matter
- Construction Management in Practice by Richard F. Fellows in Front Matter
See all 6 books citing this book
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