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...

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Main Authors: Nasir, Najuwa, Mohd Nawi, Mohd Nasrun, Zulhumadi, Faisal, Anuar, Herman Shah, Radzuan, Kamaruddin
Format: Article
Language:English
Published: ExcelingTech Publishers 2016
Subjects:
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.
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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
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