Best Value Approach (BVA): Enhancing Value Creation in Construction Projects

Background: Research has revealed an inadequate understanding of the owners’ and users’ strategic objectives and a lack of methodology for translating these objectives into functional buildings. Fulfilment of owners’ and users’ objectives is fundamental in creating value through a project. Managemen...

Full description

Bibliographic Details
Main Authors: Haddadi Amin, Johansen Agnar, Bjørberg Svein
Format: Article
Language:English
Published: Sciendo 2017-09-01
Series:Business Systems Research
Subjects:
Online Access:https://doi.org/10.1515/bsrj-2017-0018
_version_ 1818547704852119552
author Haddadi Amin
Johansen Agnar
Bjørberg Svein
author_facet Haddadi Amin
Johansen Agnar
Bjørberg Svein
author_sort Haddadi Amin
collection DOAJ
description Background: Research has revealed an inadequate understanding of the owners’ and users’ strategic objectives and a lack of methodology for translating these objectives into functional buildings. Fulfilment of owners’ and users’ objectives is fundamental in creating value through a project. Management and design processes can be decisive in achieving the desired objectives. Hence, knowledge about what creates value applied into a management framework will enable higher value creation.
first_indexed 2024-12-12T08:10:18Z
format Article
id doaj.art-9b062fe541e74f65bc005b192dbc4ff6
institution Directory Open Access Journal
issn 1847-9375
language English
last_indexed 2024-12-12T08:10:18Z
publishDate 2017-09-01
publisher Sciendo
record_format Article
series Business Systems Research
spelling doaj.art-9b062fe541e74f65bc005b192dbc4ff62022-12-22T00:31:48ZengSciendoBusiness Systems Research1847-93752017-09-01828410010.1515/bsrj-2017-0018bsrj-2017-0018Best Value Approach (BVA): Enhancing Value Creation in Construction ProjectsHaddadi Amin0Johansen Agnar1Bjørberg Svein2Norwegian University of Science and Technology (NTNU), NorwayFoundation for Scientific and Industrial Research (SINTEF), NorwayNorwegian University of Science and Technology (NTNU), NorwayBackground: Research has revealed an inadequate understanding of the owners’ and users’ strategic objectives and a lack of methodology for translating these objectives into functional buildings. Fulfilment of owners’ and users’ objectives is fundamental in creating value through a project. Management and design processes can be decisive in achieving the desired objectives. Hence, knowledge about what creates value applied into a management framework will enable higher value creation.https://doi.org/10.1515/bsrj-2017-0018value creationconceptual frameworkvalue managementconstruction project managementlife cycle thinkingl74
spellingShingle Haddadi Amin
Johansen Agnar
Bjørberg Svein
Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
Business Systems Research
value creation
conceptual framework
value management
construction project management
life cycle thinking
l74
title Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_full Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_fullStr Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_full_unstemmed Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_short Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_sort best value approach bva enhancing value creation in construction projects
topic value creation
conceptual framework
value management
construction project management
life cycle thinking
l74
url https://doi.org/10.1515/bsrj-2017-0018
work_keys_str_mv AT haddadiamin bestvalueapproachbvaenhancingvaluecreationinconstructionprojects
AT johansenagnar bestvalueapproachbvaenhancingvaluecreationinconstructionprojects
AT bjørbergsvein bestvalueapproachbvaenhancingvaluecreationinconstructionprojects