Value management: a systematic approach for improving time performance in construction projects
The construction industry is considered to be the largest contributor to the nation's economy. However, there are many challenges that had to be overcome to ensure construction projects are successful in achieving the minimum cost to utilize the necessary resources in the success of the project...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
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ExcelingTech Publishers
2016
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Online Access: | https://repo.uum.edu.my/id/eprint/21951/1/IJSCM%205%204%202016%20195%20200.pdf |
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author | Nasir, Najuwa Mohd Nawi, Mohd Nasrun Zulhumadi, Faisal Anuar, Herman Shah Radzuan, Kamaruddin |
author_facet | Nasir, Najuwa Mohd Nawi, Mohd Nasrun Zulhumadi, Faisal Anuar, Herman Shah Radzuan, Kamaruddin |
author_sort | Nasir, Najuwa |
collection | UUM |
description | The construction industry is considered to be the largest contributor to the nation's economy. However, there are many challenges that had to be overcome to ensure construction projects are successful in achieving the minimum cost to utilize the necessary resources in the success of the project.Some of the construction projects failed to be completed on schedule due to the negligence of certain parties in ensuring that the project value is at the maximum level.Responding to the challenge, this research hopes to counter this problem and help towards the betterment of the construction industry using a value management approach.Therefore, this paper discusses the successful factors in implementing value management through the interview and documentation data gathering process.As a result, it shows that local practitioners of value analysis in construction projects should consider these important factors as a catalyst for increasing the value of projects. |
first_indexed | 2024-07-04T06:19:14Z |
format | Article |
id | uum-21951 |
institution | Universiti Utara Malaysia |
language | English |
last_indexed | 2024-07-04T06:19:14Z |
publishDate | 2016 |
publisher | ExcelingTech Publishers |
record_format | eprints |
spelling | uum-219512017-05-07T01:11:33Z https://repo.uum.edu.my/id/eprint/21951/ Value management: a systematic approach for improving time performance in construction projects Nasir, Najuwa Mohd Nawi, Mohd Nasrun Zulhumadi, Faisal Anuar, Herman Shah Radzuan, Kamaruddin HD28 Management. Industrial Management TS Manufactures The construction industry is considered to be the largest contributor to the nation's economy. However, there are many challenges that had to be overcome to ensure construction projects are successful in achieving the minimum cost to utilize the necessary resources in the success of the project.Some of the construction projects failed to be completed on schedule due to the negligence of certain parties in ensuring that the project value is at the maximum level.Responding to the challenge, this research hopes to counter this problem and help towards the betterment of the construction industry using a value management approach.Therefore, this paper discusses the successful factors in implementing value management through the interview and documentation data gathering process.As a result, it shows that local practitioners of value analysis in construction projects should consider these important factors as a catalyst for increasing the value of projects. ExcelingTech Publishers 2016-12 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/21951/1/IJSCM%205%204%202016%20195%20200.pdf Nasir, Najuwa and Mohd Nawi, Mohd Nasrun and Zulhumadi, Faisal and Anuar, Herman Shah and Radzuan, Kamaruddin (2016) Value management: a systematic approach for improving time performance in construction projects. International Journal of Supply Chain Management (IJSCM), 5 (4). pp. 195-200. ISSN 2050-7399 http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/1377 |
spellingShingle | HD28 Management. Industrial Management TS Manufactures Nasir, Najuwa Mohd Nawi, Mohd Nasrun Zulhumadi, Faisal Anuar, Herman Shah Radzuan, Kamaruddin Value management: a systematic approach for improving time performance in construction projects |
title | Value management: a systematic approach for improving time performance in construction projects |
title_full | Value management: a systematic approach for improving time performance in construction projects |
title_fullStr | Value management: a systematic approach for improving time performance in construction projects |
title_full_unstemmed | Value management: a systematic approach for improving time performance in construction projects |
title_short | Value management: a systematic approach for improving time performance in construction projects |
title_sort | value management a systematic approach for improving time performance in construction projects |
topic | HD28 Management. Industrial Management TS Manufactures |
url | https://repo.uum.edu.my/id/eprint/21951/1/IJSCM%205%204%202016%20195%20200.pdf |
work_keys_str_mv | AT nasirnajuwa valuemanagementasystematicapproachforimprovingtimeperformanceinconstructionprojects AT mohdnawimohdnasrun valuemanagementasystematicapproachforimprovingtimeperformanceinconstructionprojects AT zulhumadifaisal valuemanagementasystematicapproachforimprovingtimeperformanceinconstructionprojects AT anuarhermanshah valuemanagementasystematicapproachforimprovingtimeperformanceinconstructionprojects AT radzuankamaruddin valuemanagementasystematicapproachforimprovingtimeperformanceinconstructionprojects |