Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA)

This paper is an initiatives to develop better understanding of the Value Management practices in the Malaysian construction industry. Finding the important of Value Management practices could assist Malaysian construction practitioners to improve their value management practices. Unlike the manufac...

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Main Authors: Osman, Wan Nadzri, Anuar, Herman Shah, Zulhumadi, Faisal
Format: Conference or Workshop Item
Language:English
Published: 2012
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/5789/1/Wan.pdf
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author Osman, Wan Nadzri
Anuar, Herman Shah
Zulhumadi, Faisal
author_facet Osman, Wan Nadzri
Anuar, Herman Shah
Zulhumadi, Faisal
author_sort Osman, Wan Nadzri
collection UUM
description This paper is an initiatives to develop better understanding of the Value Management practices in the Malaysian construction industry. Finding the important of Value Management practices could assist Malaysian construction practitioners to improve their value management practices. Unlike the manufacturing industry, the application of Value Management practices in the construction industry are still at the infancy level.The construction business model is very different compared to manufacturing business model.Construction firms do not design the value chain where product and process development takes place. In the construction industry, the product life cycle is divided into three major parts which include design stage, construction stage and maintainance stage and each stage involves different parties which hinders information flow along the value chain. This research is aiming to evaluated the capability of Value Management application as a creative and innovative solution in view of the above issues in local construction industry based on two mega projects in Malaysia which include the Kuala Lumpur International Airport and Low Cost Carrier Terminal (LCCT).
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spelling uum-57892016-04-21T00:07:45Z https://repo.uum.edu.my/id/eprint/5789/ Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA) Osman, Wan Nadzri Anuar, Herman Shah Zulhumadi, Faisal HD28 Management. Industrial Management This paper is an initiatives to develop better understanding of the Value Management practices in the Malaysian construction industry. Finding the important of Value Management practices could assist Malaysian construction practitioners to improve their value management practices. Unlike the manufacturing industry, the application of Value Management practices in the construction industry are still at the infancy level.The construction business model is very different compared to manufacturing business model.Construction firms do not design the value chain where product and process development takes place. In the construction industry, the product life cycle is divided into three major parts which include design stage, construction stage and maintainance stage and each stage involves different parties which hinders information flow along the value chain. This research is aiming to evaluated the capability of Value Management application as a creative and innovative solution in view of the above issues in local construction industry based on two mega projects in Malaysia which include the Kuala Lumpur International Airport and Low Cost Carrier Terminal (LCCT). 2012-07-04 Conference or Workshop Item NonPeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/5789/1/Wan.pdf Osman, Wan Nadzri and Anuar, Herman Shah and Zulhumadi, Faisal (2012) Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA). In: 3rd International Conference on Technology and Operations Management (ICTOM2012), 4th-6th July 2012 , Bandung, West Java, Indonesia . (Unpublished) http://www.ictom2012.uum.edu.my/
spellingShingle HD28 Management. Industrial Management
Osman, Wan Nadzri
Anuar, Herman Shah
Zulhumadi, Faisal
Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA)
title Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA)
title_full Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA)
title_fullStr Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA)
title_full_unstemmed Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA)
title_short Creative and innovative solution through value management in Malaysian construction industry: Case study in Kuala Lumpur International Airport (KLIA)
title_sort creative and innovative solution through value management in malaysian construction industry case study in kuala lumpur international airport klia
topic HD28 Management. Industrial Management
url https://repo.uum.edu.my/id/eprint/5789/1/Wan.pdf
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AT anuarhermanshah creativeandinnovativesolutionthroughvaluemanagementinmalaysianconstructionindustrycasestudyinkualalumpurinternationalairportklia
AT zulhumadifaisal creativeandinnovativesolutionthroughvaluemanagementinmalaysianconstructionindustrycasestudyinkualalumpurinternationalairportklia