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Sustainable Value Management for Construction Projects 1st ed. 2017 [Kietas viršelis]

  • Formatas: Hardback, 195 pages, aukštis x plotis: 235x155 mm, weight: 4498 g, 1 Illustrations, black and white; XVII, 195 p. 1 illus., 1 Hardback
  • Išleidimo metai: 24-Mar-2017
  • Leidėjas: Springer International Publishing AG
  • ISBN-10: 3319541501
  • ISBN-13: 9783319541501
Kitos knygos pagal šią temą:
  • Formatas: Hardback, 195 pages, aukštis x plotis: 235x155 mm, weight: 4498 g, 1 Illustrations, black and white; XVII, 195 p. 1 illus., 1 Hardback
  • Išleidimo metai: 24-Mar-2017
  • Leidėjas: Springer International Publishing AG
  • ISBN-10: 3319541501
  • ISBN-13: 9783319541501
Kitos knygos pagal šią temą:
This book provides a unique guide to value management and sustainability in construction to researchers and professional. The book provides a better understanding of the concept of value management, the basis of sustainable construction and thereafter, demonstrates how using the principles of value management can help to achieve successful construction projects that are financially viable, socially beneficial and do not damage the environment.

The book serves as an introduction to value management for scholars and researchers at all levels; and also as a practical guide for construction professionals, employers and other stakeholders in the construction industry.
Part I Background Information of the Book
1 General Introduction
3(10)
Introduction
3(3)
Value in Construction
6(1)
Perceptions of Value Management
7(1)
Project Cost Saving Exercise
8(1)
Objective of the Book
9(1)
Summary
9(1)
References
10(3)
Part II Value Management for Construction
2 The Concept of Value Management
13(18)
Introduction
13(1)
History of Value Management
14(1)
Aim and Definition of Value Management
15(4)
Value Management, Engineering and Analysis
19(1)
Value Methodology
19(1)
Value Planning
19(1)
Value Control
20(1)
Value Analysis
20(1)
Value Engineering
20(1)
Value Management and Construction Industry
21(1)
Risks of Value Management in Construction
21(1)
Sufficient Time for the Study
22(1)
Completeness of Cost Information
22(1)
Related Functions of Components or Elements
22(1)
Uniqueness of Construction Projects
23(1)
Quality of End Product
23(1)
Selection of Team Members
23(1)
Representation of Original Design Team
24(1)
Choice of Facilitator
24(1)
Support for the Practice
24(1)
Timing of the Exercise
25(1)
New Concept for Stakeholders
25(1)
Cost of Value Management in Construction
26(1)
Cost of Facilitator
26(1)
Cost of Other Participants
26(1)
Cost of Venue
27(1)
Administrative Cost
27(1)
Information Gathering Cost
27(1)
Indirect and Other Costs
28(1)
Summary
28(1)
References
28(3)
3 Value Management as a Discipline
31(18)
Introduction
31(1)
Value Management Procedure
32(1)
Pre-study Phase
32(2)
Information Stage
34(1)
Function Analysis
35(2)
Creative Phase
37(1)
Evaluation Phase
38(1)
Development Phase
39(1)
Presentation Phase
39(1)
Post-study Phase
39(1)
Facilitation of Value Management
40(1)
Roles of Value Management Team Members
41(1)
Whole-Life Costing
42(1)
Value, Function and Quality
43(1)
Value, Cost, Worth and Price
43(1)
Concept of Unnecessary Cost
43(1)
Summary
44(1)
References
45(4)
Part III Sustainable Construction
4 Construction Projects and Stakeholders
49(26)
Introduction
49(1)
Objectives of Construction Projects
50(1)
Construction as a Process
51(1)
Conception Phase
51(1)
Inception Phase
51(1)
Feasibility Phase
52(2)
Outline Proposal Phase
54(1)
Scheme Design Phase
54(1)
Detailed Design Phase
55(1)
Production Information Phase
55(1)
Tender Action Phase
56(1)
Project Planning Phase
57(1)
Site Operation Phase
58(1)
Completion Phase
58(1)
Handover and Feedback
59(1)
Operation and Usage Phase
60(1)
Re-use and Demolition
60(1)
Attributes of Construction Projects
60(1)
Dynamic
60(1)
Scope
61(1)
Multidisciplinary
61(1)
Multifaceted
61(1)
Schedule Based
61(1)
Risky
62(1)
Waste Generating
62(1)
Expensive
62(1)
Complex
62(1)
Unpredictable
62(1)
Stressful
63(1)
Stakeholders in Project Construction
63(1)
Team Roles of Construction Project Stakeholders
64(2)
Plant
66(1)
Specialist
66(1)
Completer or Finisher
66(1)
Implementer
67(1)
Team Worker
67(1)
Monitor or Evaluator
68(1)
Shaper
68(1)
Coordinator
69(1)
Resource Investigator
69(2)
Summary
71(1)
References
71(4)
5 Measures of Project Success
75(12)
Introduction
75(1)
Success of Construction Project
76(1)
Cost
77(3)
Time
80(1)
Quality
81(1)
Operational Performance
82(1)
Value and Profit
82(1)
Health and Safety
82(1)
Stakeholders' Satisfaction
83(1)
Sustainability
83(1)
Summary
84(1)
References
84(3)
6 Sustainability in Construction
87(22)
Introduction
87(1)
History of Sustainability in Construction
88(2)
Construction Sustainability
90(1)
Attributes of Sustainable Construction
91(2)
Elements of Sustainable Construction
93(1)
Socio-Cultural
94(1)
Environmental
94(1)
Economic
95(1)
Adoption of Sustainable Construction
95(1)
Barriers to Sustainable Construction
96(1)
Socio-Cultural Related Issues
97(1)
Technological Related Issues
97(1)
Economy-Related Issues
98(1)
Politically Related Issues
98(1)
General Barriers
99(1)
Drivers of Sustainable Construction
100(1)
Clients
100(1)
Governments
100(1)
Contractors and Suppliers
101(1)
Consultants
101(1)
Benefits of Sustainable Construction
102(1)
Socio-Cultural
102(1)
Environmental
103(1)
Economic
103(1)
Summary
104(1)
Reference
104(5)
Part IV Value Management and Construction Sustainability
7 Value Management as a Construction Management Tool
109(20)
Introduction
109(2)
Value Management as Project Management Tool
111(1)
Value Management as a Risk Management Tool
112(1)
Risk Management Processes and Value Management
113(1)
Incorporating Risk Management into Value Management Study
114(1)
Steps for Managing Risks in Value Management Study
115(1)
Value Management as Lean Management Tool
115(1)
Principles of Lean Construction and Value Management
116(4)
Value Management as Total Quality Management Tool
120(1)
Procedures for Including Total Quality Management in Value Management
120(1)
Benefits of Including Total Quality Management in Value Management
121(1)
Value Management as Knowledge Management Tool
121(2)
Knowledge Management Requirements for Value Management
123(1)
Support of Knowledge Management Life Cycle
124(1)
Mechanism for Knowledge Validation
124(1)
Ability to Integrate with Existing IT System
124(1)
Flexibility and Ease of Use
124(1)
Freshness of Knowledge
124(1)
System Design
125(1)
Barriers to Application of Knowledge Management in Value Management
125(1)
Summary
125(1)
References
126(3)
8 Sustainable Value Management
129(24)
Introduction
129(1)
Initiating Value Management Process
130(1)
Suitability of Value Management for Sustainable Construction Projects
130(1)
Costly Projects
131(1)
Complex Projects
131(1)
Repetitive Projects
131(1)
New Projects
131(1)
Budget Restricted Projects
132(1)
Public-Inclined Projects
132(1)
Sustainable Value Management Model
133(1)
Value Management for Financial Sustainability
134(1)
Value Management for Social Sustainability
134(1)
Value Management for Environmental Sustainability
134(1)
Necessities of Sustainable Value Management
135(1)
Principles of Sustainable Value Management Model
136(1)
Teamwork
136(1)
Order of Activities
136(1)
Function Analysis Technique
136(1)
Principle of Unnecessary Cost
136(1)
Decision-Making Techniques
137(1)
Team Dynamic
137(1)
Timing of Value Management Study
137(1)
Skill Mix
138(1)
Facilitator
138(1)
Study Report
138(1)
Implementation Monitoring
138(1)
Follow up
139(1)
Stages of Sustainable Value Management
139(1)
Pre-study Phase
140(2)
Information Phase
142(1)
Analysis of Function Phase
143(1)
Creative Phase
144(2)
Evaluation Phase
146(2)
Development Phase
148(1)
Presentation Phase
149(1)
Post-workshop Phase
150(1)
Summary
150(1)
References
151(2)
9 Stakeholders to Sustainable Value Management
153(16)
Introduction
153(1)
Facilitator
154(1)
Required Skills for Facilitator
154(1)
Expected Competencies of Facilitator
155(1)
Required Training Areas for Facilitator
155(1)
Quantity Surveyor (Cost Estimator)
156(1)
Architect
156(1)
Engineer
157(1)
Project Manager
157(1)
Construction Manager
158(1)
Other Construction Team Members and Professionals
158(1)
Contractors
158(1)
Clients and Owners
159(1)
Sponsors or Financiers
159(1)
Government
160(1)
End-Users
161(1)
Community
161(1)
Sustainability Experts
161(1)
Other Stakeholders
162(1)
Team Roles of Sustainable Value Management Team
162(1)
Plant
162(1)
Specialist
163(1)
Completer or Finisher
163(1)
Implementer
163(1)
Team Worker
163(1)
Monitor Evaluator
164(1)
Shaper
164(1)
Co-ordinator
164(1)
Resource Investigator
165(1)
Summary
165(1)
References
165(4)
Part V Enhancing Sustainable Value Management in Construction
10 Barriers of Sustainable Value Management
169(10)
Introduction
169(1)
Barriers Related to the Study
170(1)
Timing of Value Management
170(1)
Approach to Value Management
171(1)
Knowledge of Value Management and Sustainable Construction
171(1)
Cost of Value Management
171(1)
Team Member Composition for Value Management Exercise
172(1)
Stakeholders Barriers
172(1)
Client Commitment
172(1)
Willingness of Project Team
172(1)
Wrong Perception of the Exercise
173(1)
Regulatory Related Issues
173(1)
Project-Related Barriers
174(1)
Project Characteristics
174(1)
Project Procurement Option
174(1)
Project Tendering Method
175(1)
Project Contractual Arrangement and Conditions
175(1)
Other Hindrances
175(1)
Summary
176(1)
References
176(3)
11 Drivers of Sustainable Value Management
179(4)
Introduction
179(1)
Stakeholders Readiness and Participation
180(1)
Adequate Policy, Regulations and Guidelines
180(1)
Awareness and Knowledge of the Practice
180(1)
Training and Education
180(1)
Societal Awareness
181(1)
Modern Approaches to Value Management Workshops
181(1)
Other Drivers
181(1)
Summary
182(1)
References
182(1)
12 Benefits of Sustainable Value Management
183(1)
Introduction
183(1)
General Project Benefits
184(1)
Innovations
185(1)
Elimination of Unnecessary Cost
185(1)
Whole-Life Cycle Consideration
186(1)
Early Problem Identification
186(1)
Adoption of New Materials and Technologies
186(1)
Value for Money
186(1)
Project Clients' and Owners' Benefits
187(1)
Benefits to Sustainable Value Management Team
187(1)
Benefits to Members of Sustainable Value Management Team
188(1)
Other Benefits
189(1)
Summary
189(1)
References
189(2)
Index
191
Dr Ayodeji Oke is a post-doctoral research fellow in the Department of Construction Management and Quantity Surveying, University of Johannesburg, South Africa and a lecturer in the Department of Quantity Surveying, Federal University of Technology Akure, Nigeria. His interest in sustainable construction ginger him to evaluate issues of building collapse in his 1st degree and as a quantity surveyor, he focused on enhancing the profession through the application of value management in his Masters thesis. He has his PhD from Federal University of Technology, Akure and he has been teaching several courses in value management, quantity surveying and project management for some years. His areas of specialisation is construction value, cost and general sustainability management and he has published several papers relating to these areas in reputable journals and conference proceedings.





Prof. Aigbavboa Clinton, PhD, is an Associate Professor at the University of Johannesburg, South Africa. His research interest are situated in the fields of sustainable human development, with the focus on: sustainable housing regeneration (urban renewal and informal housing), Life Cycle Assessment in the Construction Industry, remanufacturing, leadership in low-income housing, Biomimicry, post occupancy evaluation and green job creation. Before joining academic, he was involved as quantity Surveyors on several infrastructural projects both in Nigeria and South Africa. He completed his PhD in engineering management and has published several research papers in the area of housing, construction and engineering management and research methodology for construction students. He has extensive knowledge in practice, research, training and teaching.