Status of value management studies in construction projects: A systematic review

The focus of this paper is to examine the status of Value Management (VM) studies in specific construction projects by reviewing 104 relevant articles published from 2001 to 2021. The analysis indicates that the project type, project size, and research theme of VM studies conducted on various constr...

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Main Authors: Xiaobin Lin, Ain Naadia Mazlan, Syuhaida Ismail, Linhui Hu, Erwan Hafizi Bin Kasiman, Khairulzan Yahya
Format: Article
Language:English
Published: Elsevier 2023-02-01
Series:Ain Shams Engineering Journal
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2090447922001319
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author Xiaobin Lin
Ain Naadia Mazlan
Syuhaida Ismail
Linhui Hu
Erwan Hafizi Bin Kasiman
Khairulzan Yahya
author_facet Xiaobin Lin
Ain Naadia Mazlan
Syuhaida Ismail
Linhui Hu
Erwan Hafizi Bin Kasiman
Khairulzan Yahya
author_sort Xiaobin Lin
collection DOAJ
description The focus of this paper is to examine the status of Value Management (VM) studies in specific construction projects by reviewing 104 relevant articles published from 2001 to 2021. The analysis indicates that the project type, project size, and research theme of VM studies conducted on various construction projects are all significantly correlated. Building projects and large-scale projects are identified as the most favoured subjects of VM studies to date. Meanwhile, researchers are keener on investigating the performance, impacts, and strategy of VM in different construction projects. Based on the status observed, some possible directions for future research are addressed. This paper not only provides evidence to demonstrate VM’s broad applicability, but also serves as a favourable reference for researchers to select research issues and topics with greater freedom to develop necessary VM studies in the construction industry.
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spelling doaj.art-86bee9a8a4944e539a213e20d0bb94122023-01-23T04:08:20ZengElsevierAin Shams Engineering Journal2090-44792023-02-01141101820Status of value management studies in construction projects: A systematic reviewXiaobin Lin0Ain Naadia Mazlan1Syuhaida Ismail2Linhui Hu3Erwan Hafizi Bin Kasiman4Khairulzan Yahya5School of Civil Engineering, Faculty of Engineering, Universiti Teknologi Malaysia, 81310 Johor Bahru, Malaysia; Corresponding author.School of Civil Engineering, Faculty of Engineering, Universiti Teknologi Malaysia, 81310 Johor Bahru, MalaysiaRazak Faculty of Technology and Informatics, Universiti Teknologi Malaysia, 54100 Kuala Lumpur, MalaysiaSchool of Art and Design, Guangdong University of Technology, 510000 Guangzhou, ChinaSchool of Civil Engineering, Faculty of Engineering, Universiti Teknologi Malaysia, 81310 Johor Bahru, MalaysiaSchool of Civil Engineering, Faculty of Engineering, Universiti Teknologi Malaysia, 81310 Johor Bahru, MalaysiaThe focus of this paper is to examine the status of Value Management (VM) studies in specific construction projects by reviewing 104 relevant articles published from 2001 to 2021. The analysis indicates that the project type, project size, and research theme of VM studies conducted on various construction projects are all significantly correlated. Building projects and large-scale projects are identified as the most favoured subjects of VM studies to date. Meanwhile, researchers are keener on investigating the performance, impacts, and strategy of VM in different construction projects. Based on the status observed, some possible directions for future research are addressed. This paper not only provides evidence to demonstrate VM’s broad applicability, but also serves as a favourable reference for researchers to select research issues and topics with greater freedom to develop necessary VM studies in the construction industry.http://www.sciencedirect.com/science/article/pii/S2090447922001319Value managementValue for moneyConstruction projectsResearch reviewStatus analysis
spellingShingle Xiaobin Lin
Ain Naadia Mazlan
Syuhaida Ismail
Linhui Hu
Erwan Hafizi Bin Kasiman
Khairulzan Yahya
Status of value management studies in construction projects: A systematic review
Ain Shams Engineering Journal
Value management
Value for money
Construction projects
Research review
Status analysis
title Status of value management studies in construction projects: A systematic review
title_full Status of value management studies in construction projects: A systematic review
title_fullStr Status of value management studies in construction projects: A systematic review
title_full_unstemmed Status of value management studies in construction projects: A systematic review
title_short Status of value management studies in construction projects: A systematic review
title_sort status of value management studies in construction projects a systematic review
topic Value management
Value for money
Construction projects
Research review
Status analysis
url http://www.sciencedirect.com/science/article/pii/S2090447922001319
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AT linhuihu statusofvaluemanagementstudiesinconstructionprojectsasystematicreview
AT erwanhafizibinkasiman statusofvaluemanagementstudiesinconstructionprojectsasystematicreview
AT khairulzanyahya statusofvaluemanagementstudiesinconstructionprojectsasystematicreview