Value management, first developed in the US, is
now a growing service in the UK construction industry as well as developing rapidly on mainland Europe. The quantity surveying profession has recently targeted it as one of its key services for development over the next decade. The book describes VM in design and construction and suggests a method for implementation. The philosophy, tools and techniques of VM are highlighted and a critical appraisal is given of how it has been implemented in the North American construction industry. VM and cost management are differentiated showing how these distinct services provide a powerful and integrated
approach to the economic management of projects - especially during design evolution. The authors bring insights from six years research into VM in North America, UK and mainland Europe. The book provides an in-depth exploration of functional analysis - the key to a VM service; the presentation of a series of North American case studies of projects, client approaches to implementation of VM and a successful VM consultancy firm. A significant aspect of the book is a number of
tools and techniques for negotiation, managing group and team dynamics, problem solving and chairmanship. Life cycle costing - an important component of project economics is given considerable coverage and the book concludes by presenting the authors' approach to the practical implementation
of VM in the construction industry.
By:
John Kelly,
Steven Male
Imprint: CRC Press
Country of Publication: United Kingdom
Dimensions:
Height: 234mm,
Width: 156mm,
Spine: 10mm
Weight: 272g
ISBN: 9780419151203
ISBN 10: 0419151206
Pages: 196
Publication Date: 26 November 1992
Audience:
Professional and scholarly
,
General/trade
,
Undergraduate
Format: Paperback
Publisher's Status: Active
Introduction. Part 1: Development and principles of North Amercian value engineering. Introduction to value management. North American value engineering prinicples. Part 2: The practice of North American value engineering. North American value engineering practice. North American project case stidies. North American client implementation case studies. A case study of a North American value engineering consultancy practice: Smith, Hinchman and Grylls, Washington, 1986. Part 3: An analysis, critique and evaluation of North American value engineering. A critique of North American value engineering. Project economics and the client value system. Part 4: A proposal for a UK implementation of value management. Functional analysis. Life cycle costing. Group dynamics and team skills. A proposed UK methodology. key issues for practice. References. Index.
Reviews for Value Management in Design and Construction
will be valuable to practitioners, researchers and students in all different construction disciplines. - Chartered Quantity Surveyor Kelly and Male have a book that will be useful to anyone in the UK or North America who wants to buy or provide a comprehensive project economics service. - Construction Management and Economics
