Achieving Value For Money In Capital Build Projects

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Achieving Value for Money in Capital Build Projects

Author : Angela Vodden
Publisher : Routledge
ISBN 13 : 1351116924
Total Pages : 193 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Achieving Value for Money in Capital Build Projects by : Angela Vodden

Download or read book Achieving Value for Money in Capital Build Projects written by Angela Vodden and published by Routledge. This book was released on 2019-10-08 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to bring together academic and practitioner views of Value for Money (VFM). VFM has been used to assess whether or not an organisation has obtained the maximum benefit within the resources available to it. A concept used by the public sector to assess the benefits of major built environment projects, it has become a major tenet of public private partnerships, capital project infrastructure and civil engineering megaprojects. This book presents and discusses the various debates surrounding the concept of Value for Money. It provides an international perspective on VFM by drawing upon the existing and fast developing body of principles and practices for Capital Build Projects. Readers will gain a level of understanding of the issues involved, the challenges, opportunities and the support mechanisms and protocols required for implementation of VFM in capital building development. Ultimately, the book presents a protocol that has been developed to track and monitor the VFM of a capital project from day 1, an Equilibrium Testing Mechanism (ETM) developed by the authors. This testing mechanism allows each of the parties to a project to monitor their VFM position at any given stage of a project from the beginning to the end of the build stage and beyond as necessary. This book is both a useful reference for researchers and a practical guide for the construction and engineering industry.

Project Marketing

Author : Milind Trivikram Phadtare
Publisher : Taylor & Francis
ISBN 13 : 1000828085
Total Pages : 93 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis Project Marketing by : Milind Trivikram Phadtare

Download or read book Project Marketing written by Milind Trivikram Phadtare and published by Taylor & Francis. This book was released on 2022-12-30 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive and practical guide to project marketing – a crucial aspect of businesses worldwide. It encompasses a variety of key infrastructure projects such as roads, airports, ports, power, irrigation, commercial, and industrial buildings. The volume: • Provides key definitions and discusses concepts such as segmentation, target marketing, positioning in projects, and organizational buyer behaviour. • Draws and adapts from extant marketing theory and provides real-life case studies to demonstrate application of concepts. • Focuses on project marketing logic, marketing mix, negotiation techniques, and strategies to aid contracting/subcontracting firms to realize better pricing and project profitability. An essential handbook for professional marketers and researchers, this book will be indispensable for B-Schools, project managers, entrepreneurs, infrastructure corporations, and start-ups. It will serve as a key text to foster hassle-free relationships between different business actors and reduce roadblocks such as time and cost escalation, litigation, and the like.

Best Value in Construction

Author : John Kelly
Publisher : John Wiley & Sons
ISBN 13 : 1405151846
Total Pages : 320 pages
Book Rating : 4.4/5 (51 download)

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Book Synopsis Best Value in Construction by : John Kelly

Download or read book Best Value in Construction written by John Kelly and published by John Wiley & Sons. This book was released on 2009-02-12 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving value in construction is now emerging as the main challenge facing the construction team if they are to offer the best service for the client. No longer is the aim simply to keep costs under control. This book from the RICS Foundation analyses how to provide best value by the effective application of leading edge techniques and processes throughout the entire life cycle of buildings, from the business case which underpins their initiation to the achievement of a satisfactory project out-turn. This book is a successor to Quantity Surveying Techniques: New Directions, edited by Peter Brandon and published on behalf of the Royal Institution of Chartered Surveyors by Blackwell. It will be of interest not only to surveyors and construction managers but also to final year undergraduates of construction degrees. '[This book] will make a major contribution to the advancement of the methods by which construction professionals provide a service to their clients' - Professor Peter Brandon

Building in Value: Pre-Design Issues

Author : Rick Best
Publisher : Routledge
ISBN 13 : 1135139059
Total Pages : 412 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Building in Value: Pre-Design Issues by : Rick Best

Download or read book Building in Value: Pre-Design Issues written by Rick Best and published by Routledge. This book was released on 2013-03-07 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: *Offers a practical approach to cost-effectiveness. *Provides an introduction to a set of widely applicable decision making tools. *Discusses startegic, financial and construction management techniques.

Contract Law in the Construction Industry Context

Author : Carl J. Circo
Publisher : Routledge
ISBN 13 : 1000708004
Total Pages : 261 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis Contract Law in the Construction Industry Context by : Carl J. Circo

Download or read book Contract Law in the Construction Industry Context written by Carl J. Circo and published by Routledge. This book was released on 2019-10-16 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book chronicles how contract cases from the construction industry have influenced, solidified, refined and particularized U.S. contract law. The book’s central claim is that the construction industry experience has helped to contextualize U.S. contract law and, therefore, has encouraged the common law to be more receptive to flexible legal standards and practices and less constrained by the relatively rigid rules that often characterize contract law. Other scholarly books analyze the themes, values, standards, and principles of contemporary contract law, but none captures how construction industry relationships and practices have influenced the common law of contracts. After providing an overview of construction law as a specialty of the practicing bar and as a field for scholarly inquiry, this book examines the construction industry cases that have most directly influenced contract law. It reviews how industry dispute patterns have caused courts to refine contract law principles or to adapt and modify other principles. Separate chapters explain the special roles that cases in the U.S. Supreme Court and in the lower federal courts have played in defining and distinguishing contract law in the construction industry. The final chapters assess implications the construction industry cases hold for contract theory writ large, and for the future of contract law. This book is essential reading for legal scholars, construction law and contract law specialists, and those interested in how the construction industry has helped shape the U.S. legal system.

Value Management of Construction Projects

Author : John Kelly
Publisher : John Wiley & Sons
ISBN 13 : 1118355148
Total Pages : 581 pages
Book Rating : 4.1/5 (183 download)

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Book Synopsis Value Management of Construction Projects by : John Kelly

Download or read book Value Management of Construction Projects written by John Kelly and published by John Wiley & Sons. This book was released on 2014-09-02 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: VALUE MANAGEMENT OF CONSTRUCTION PROJECTS Second Edition Value Management is a philosophy, set of principles and structured management methodology for improving organisational decision-making and value-for-money. It is well-established in the international construction industry and has been endorsed as good practice in a range of UK government sponsored reports. The authors have addressed the practical opportunities and difficulties of Value Management by synthesising background, international developments, and benchmarking with their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. Covering methods and practices, frameworks of value and the future of value management, this thoroughly updated second edition extends the integrated value philosophy, methodology and tool kit to describe the application of Value Management to service delivery, asset management and programmes, in addition to projects, products and processes. In particular, the new edition responds to: A range of recent UK industry and government publications; and most notably BS EN 16271:2012 - Value management: Functional expression of the need and functional performance specification; the imminent update of BS EN 12973:2000 Value Management; BS EN 1325 Value Management – Vocabulary, Terms and Definitions; the changes to "Value for Europe" governing the training and certification of Value Management in European Union countries; the UK Government’s Management of Value (MoV) initiative, and other leading reports, international guidance and relevant standards. Changes in Value Management practice, particularly in programmes and projects. Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realisation. Initiatives in asset management covering the management of physical infrastructure, for example the suite of three standards under the generic title of BS ISO 55000: 2014 Asset Management, and its predecessor BSI PAS55 2008 Asset Management: Specification for the Optimized Management of Physical Assets. It contains a dedicated chapter of exemplar case studies which demonstrate the new areas of theory and practice, and an extensive set of tools and techniques of use in Value Management practice. Public and private construction clients and construction professionals such as cost consultants, quantity surveyors, architects, asset managers, engineers, and project managers will all find Value Management of Construction Projects essential reading. It will also be of interest to researchers and students on construction related courses – particularly those at final year undergraduate and at Masters level.

Cost and Value Management in Projects

Author : Ray R. Venkataraman
Publisher : John Wiley & Sons
ISBN 13 : 1118174186
Total Pages : 256 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Cost and Value Management in Projects by : Ray R. Venkataraman

Download or read book Cost and Value Management in Projects written by Ray R. Venkataraman and published by John Wiley & Sons. This book was released on 2011-08-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.

Cost Planning of PFI and PPP Building Projects

Author : Abdelhalim Boussabaine
Publisher : Routledge
ISBN 13 : 1134224885
Total Pages : 336 pages
Book Rating : 4.1/5 (342 download)

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Book Synopsis Cost Planning of PFI and PPP Building Projects by : Abdelhalim Boussabaine

Download or read book Cost Planning of PFI and PPP Building Projects written by Abdelhalim Boussabaine and published by Routledge. This book was released on 2013-04-03 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This topical and timely book presents and innovative approach to dealing with the complexities of cost planning in PFI. PFI/PPP projects have a significantly different costing environment from conventionally procured projects, requiring cost analysts to use their expertise and innovative thinking to develop whole-life cost solutions that deliver value for money to the client, thus improving public building assets performance. Abdelhalim Boussabaine provides a thorough grounding in the theory of PFI, from its early evolution through to examples of current projects. In particular, the rationale for private financing of public services, arguments for and against PFI and 'value for money' mechanisms are discussed. The book presents an innovative framework for whole-life value and calls for changes in the way whole life cycle value is perceived, created and exchanged. Cost Planning of PFI and PPP Building Projects provides the reader with existing knowledge as well as present innovative thinking for future development and management of PFI/PPP cost planning processes. Given the importance and novelty of this book, academics, professionals, undergraduate and postgraduate students will find this book valuable.

Value Management in Construction and Real Estate

Author : Geoffrey Q. P. Shen
Publisher : Routledge
ISBN 13 : 1317527526
Total Pages : 199 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Value Management in Construction and Real Estate by : Geoffrey Q. P. Shen

Download or read book Value Management in Construction and Real Estate written by Geoffrey Q. P. Shen and published by Routledge. This book was released on 2015-10-05 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This cutting edge study explores alternative methods and tools to obtain value for money while maintaining quality in construction projects, especially large and complex ones. Extensive references throughout will help the reader develop a deeper understanding of the methodology, and self-study questions help to keep you on track. Ideal as a reference for practitioners and the perfect intro for students of construction or real estate.

Building Better Partnerships

Author : Commission on Public Private Partnerships
Publisher : Institute for Public Policy Research
ISBN 13 : 9781860301582
Total Pages : 308 pages
Book Rating : 4.3/5 (15 download)

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Book Synopsis Building Better Partnerships by : Commission on Public Private Partnerships

Download or read book Building Better Partnerships written by Commission on Public Private Partnerships and published by Institute for Public Policy Research. This book was released on with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:

PFI in housing

Author : Great Britain: National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102965285
Total Pages : 44 pages
Book Rating : 4.9/5 (652 download)

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Book Synopsis PFI in housing by : Great Britain: National Audit Office

Download or read book PFI in housing written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2010-06-25 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report, from the National Audit Office (HCP 71, session 2010-11, ISBN 9780102965285), looks at PFI in Housing. The use of PFI by local authorities to improve housing, usually in areas with a high need for housing and where the stock condition is particularly poor, has had a measure of success, but risks to value for money of the programme have not been managed. In the context of this programme, PFI has been a flexible and useful funding route for local authorities to improve existing housing and build new stock. However, the majority of projects required significant increases in central funding prior to contract signature and all have suffered delays. Twenty one of the 25 projects which have been signed to date have experienced cost increases, with 12 of these over 100 per cent. All signed projects, for which the NAO was able to obtain data, were delayed, on average by 2 years and 6 months. For early projects this was partly because PFI was new to the housing sector and the Department for Communities and Local Government had to develop its understanding of stock condition issues. Also, the Department's management for early projects was also weak and under-resourced. While the capital cost of PFI housing projects is similar to other developments, the Department's evaluation to date has not taken account of the full costs. Procurement also tends to take more time, which can increase procurement and tender costs for local authorities and bidders.

Cost Management of Capital Projects

Author : Kurt Heinze
Publisher : Routledge
ISBN 13 : 1351457675
Total Pages : 663 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis Cost Management of Capital Projects by : Kurt Heinze

Download or read book Cost Management of Capital Projects written by Kurt Heinze and published by Routledge. This book was released on 2017-09-20 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aiming to bridge the gap between the quantitative viewpoint of management science and the practical, day-to-day needs of project cost management, this text offers coverage of an integrated cost management programme. It presents the use of method study techniques to increase the effectiveness of procedures and improve the productivity of resources, emphasizing a systematic approach to cost control.

Sustainable schools

Author : Great Britain: Parliament: House of Commons: Education and Skills Committee
Publisher : The Stationery Office
ISBN 13 : 9780215035967
Total Pages : 344 pages
Book Rating : 4.0/5 (359 download)

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Book Synopsis Sustainable schools by : Great Britain: Parliament: House of Commons: Education and Skills Committee

Download or read book Sustainable schools written by Great Britain: Parliament: House of Commons: Education and Skills Committee and published by The Stationery Office. This book was released on 2007-08-09 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating HCP 1150-i to v, session 2005-06. For Vol. 1 see (ISBN 9780215035974)

Major Infrastructure Projects

Author : Edward Ochieng
Publisher : Bloomsbury Publishing
ISBN 13 : 1137515864
Total Pages : 364 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Major Infrastructure Projects by : Edward Ochieng

Download or read book Major Infrastructure Projects written by Edward Ochieng and published by Bloomsbury Publishing. This book was released on 2017-09-16 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this unique and comprehensive textbook, the authors examine the challenges faced all around the world with regard to major infrastructure project management, and they champion a fresh approach that takes into account the interdependencies between economic, social, political, technological and legislative environments. Managing, developing and investing in crucial infrastructure is essential to keep up with the challenges of a fast-paced and globalised world, but affecting and overseeing change requires a deep understanding of complex interlocking systems. To this end the book is neatly divided into three key parts: project appraisal, maximising integrated supply chains, and implementing value-enhancing practices. This is the ideal companion for courses on any aspect of civil engineering and construction project management including modules in infrastructure planning, infrastructure management, construction management and business management. The book will also appeal to practitioners involved in the management of capital and infrastructure projects.

New Aspects of Quantity Surveying Practice

Author : Duncan Cartlidge
Publisher : Taylor & Francis
ISBN 13 : 1000856860
Total Pages : 247 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis New Aspects of Quantity Surveying Practice by : Duncan Cartlidge

Download or read book New Aspects of Quantity Surveying Practice written by Duncan Cartlidge and published by Taylor & Francis. This book was released on 2023-04-03 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The construction industry is undergoing great change particularly with the introduction of digital technologies and the increasing emphasis on sustainability and ethical practice. The fifth edition of New Aspects of Quantity Surveying Practice introduces and discusses these changes and their impact on the industry. The book champions the adaptability and flexibility of the quantity surveyor, whilst covering the hot topics which have emerged since the previous edition’s publication, including: • A new chapter on the impact of digital construction • Sustainable construction • Procurement trends • Ethics and ethical practice • The RICS Futures (2020) publication The book is essential reading for all quantity surveying students, teachers and professionals. It is particularly suited to undergraduate professional skills courses and non-cognate postgraduate students looking for an up to date understanding of the industry and the role.

Construction Project Management

Author : Peter Fewings
Publisher : Routledge
ISBN 13 : 1136827617
Total Pages : 567 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Construction Project Management by : Peter Fewings

Download or read book Construction Project Management written by Peter Fewings and published by Routledge. This book was released on 2013-05-07 with total page 567 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of the project manager continues to evolve, presenting new challenges to established practitioners and those entering the field for the first time. This second edition of Peter Fewings' groundbreaking textbook has been thoroughly revised to recognise the increasing importance of sustainability and lean construction in the construction industry. It also tackles the significance of design management, changing health and safety regulation, leadership and quality for continuous improvement of the service and the product. Using an integrated project management approach, emphasis is placed on the importance of effectively handling external factors in order to best achieve an on-schedule, on-budget result, as well as good negotiation with clients and skilled team leadership. Its holistic approach provides readers with a thorough guide in how to increase efficiency and communication at all stages while reducing costs, time and risk. Short case studies are used throughout the book to illustrate different tools and techniques. Combining the theories underpinning best practice in construction project management, with a wealth of practical examples, this book is uniquely valuable for practitioners and clients as well as undergraduate and graduate students for construction project management.

Primary Care Centres

Author : Geoffrey Purves
Publisher : Routledge
ISBN 13 : 1136436723
Total Pages : 216 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Primary Care Centres by : Geoffrey Purves

Download or read book Primary Care Centres written by Geoffrey Purves and published by Routledge. This book was released on 2009-10-26 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Primary Care Centres explores the process of planning and designing buildings for frontline medical practice. Taking as a starting point the concept that good design contributes directly to healthy living, the book shows beneficial effects that a good design brief can bring to the staff, patients and visitors of health care facilities. It outlines principles for designs that are both practical and useful. International case studies of healthcare facilities in the UK, US, Japan and South Africa provide technical detail and give best practice examples of well-designed healthy living centres, with an emphasis on building performance and catering for the latest government policy developments. This new edition provides trusted guidance on investing in effective architecture for architects and project managers involved in the design of healthcare facilities. Dr Geoffrey Purves is Chairman of Purves Ash LLP, a firm of Architects in Newcastle upon Tyne. He has held a range of professional appointments with the Royal Institute of British Architects and is an Honorary Research Associate at Durham University.