Value Management Of Construction Projects

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Value Management of Construction Projects

Author : John Kelly
Publisher : John Wiley & Sons
ISBN 13 : 1118351231
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 2014-11-17 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value Management is a philosophy, set of principles and a structured management methodology for improving organisational decision-making and value-for-money. The second edition builds on the success of the first edition by extending the integrated value philosophy, methodology and tool kit to describe the application of Value Management to the areas of service delivery, asset management, and, Programmes, in addition to Projects, products and processes. Value Management is a well-established methodology in the international construction industry, and in the UK has been endorsed as good practice in a range of government sponsored reports. In this book the authors have addressed the practical opportunities and difficulties of Value Management by synthesising the background, international developments, benchmarking and their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. The second edition retains the structure of the first edition, covering methods and practices, frameworks of value and the future of value management. It has been thoroughly updated, and a number of new chapters added to encapsulate further extensions to current theory and practice. 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, together with other leading reports, international guidance and standards on Value Management. Research in Value Management undertaken since publication of the first edition. 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 initiatives covering the management of physical infrastructure, for example the recent launch of a 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" The second edition contains a dedicated chapter of exemplar case studies drawn from the authors' experience, selected to demonstrate the new areas of theory and practice. An Appendix includes an extensive set of tools and techniques of use in Value Management practice. Construction clients, including those in both the public and private sectors, and professionals such as construction cost consultants, quantity surveyors, architects, asset managers, construction engineers, and construction managers will all find Value Management of Construction Projects to be essential reading. It will also be of interest to researchers and students on construction related courses in Higher Education -- particularly those at final year undergraduate and at Masters level.

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.

Value Management in Construction

Author : Brian Norton
Publisher :
ISBN 13 : 9780333606261
Total Pages : 225 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Value Management in Construction by : Brian Norton

Download or read book Value Management in Construction written by Brian Norton and published by . This book was released on 1995 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Both the theory of VM and detailed guidance on how to use the methodology in practice.

Sustainable Value Management for Construction Projects

Author : Ayodeji E. Oke
Publisher : Springer
ISBN 13 : 331954151X
Total Pages : 201 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Sustainable Value Management for Construction Projects by : Ayodeji E. Oke

Download or read book Sustainable Value Management for Construction Projects written by Ayodeji E. Oke and published by Springer. This book was released on 2017-03-16 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a unique guide to value management and sustainability in construction to researchers and professional. The book provides a better understanding of the concept of value management, the basis of sustainable construction and thereafter, demonstrates how using the principles of value management can help to achieve successful construction projects that are financially viable, socially beneficial and do not damage the environment. The book serves as an introduction to value management for scholars and researchers at all levels; and also as a practical guide for construction professionals, employers and other stakeholders in the construction industry.

Value Management in Construction and Real Estate

Author : Geoffrey Q. P. Shen
Publisher : Routledge
ISBN 13 : 1317527534
Total Pages : 196 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 196 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.

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.

Rethinking Earned Value & Schedule Management on Construction Projects

Author : J. Gerard Boyle
Publisher : FriesenPress
ISBN 13 : 1039106234
Total Pages : 250 pages
Book Rating : 4.0/5 (391 download)

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Book Synopsis Rethinking Earned Value & Schedule Management on Construction Projects by : J. Gerard Boyle

Download or read book Rethinking Earned Value & Schedule Management on Construction Projects written by J. Gerard Boyle and published by FriesenPress. This book was released on 2021-12-17 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an essential, groundbreaking book for public and private buyers of construction, contractors and sub-contractors, designers, project managers, lawyers, Earned Value specialists, forensic claims analysts, schedulers, dispute resolution experts, academics, and anyone interested in improving performance and productivity on construction projects. Among the topics discussed are the following: - Exhaustive critique of existing Earned Value analysis that compels changes to current theory and practice - New Earned Value analytics for construction, integrated with resource-loaded CPM schedules represent a paradigm change - Worked examples of resource-loaded CPM schedules using the new EV Performance analytics - Identification of reliable performance thresholds for progress, productivity and resources - Understanding the interconnection of progress and productivity and performance patterns over time - How to create meaningful, resource-loaded, CPM schedules - Analyzing schedule float in concert with the new analytics - Why current cause and effect delay analysis is fundamentally flawed because it ignores root causes - Why delay claim analysis must always account for productivity - The problem common to all contract delivery methods and how to correct it - Why construction projects fail - Specific steps in creating a successful construction program - Game theoretical & other approaches to implementing a performance-based system - Using commercial dispute resolution to contemporaneously resolve claims and improve performance going forward - The importance of probabilistic (Monte Carlo) schedule analysis & problems with current practice

Managing Construction Projects

Author : Graham M. Winch
Publisher : John Wiley & Sons
ISBN 13 : 1444314696
Total Pages : 544 pages
Book Rating : 4.4/5 (443 download)

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Book Synopsis Managing Construction Projects by : Graham M. Winch

Download or read book Managing Construction Projects written by Graham M. Winch and published by John Wiley & Sons. This book was released on 2012-11-20 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project management is of critical importance in construction, yetits execution poses major challenges. In order to keep a project ontrack, decisions often have to be made before all the necessaryinformation is available. Drawing on a wide range of research, Managing ConstructionProjects proposes new ways of thinking about project managementin construction, exploring the skills required to manageuncertainty and offering techniques for thinking about thechallenges involved. The second edition takes the informationprocessing perspective introduced in the first edition and developsit further. In particular, this approach deepens the reader’sunderstanding of the dynamics in the construction project process– from the value proposition inherent in the project mission,to the functioning asset that generates value for its owners andusers. Managing Construction Projects is a unique andindispensible contribution to the available literature onconstruction project management. It will be of particular benefitto advanced students of construction and construction projectmanagement, as well as contractors and quantity surveyors. Reviews of the First edition: "A massive review of the art and science of the management ofprojects that has the great virtue of being a good read wherever itis touched. It spills the dirt on things that went wrong,elucidates the history so you can understand the industry's currentstance, draws on other countries experience and explains the latestmanagement processes. Throughout it is liberally sprinkled withanecdotes and case histories which amply illustrate the dos anddon't for practitioners wishing to deliver projects on time toexpected quality and price. A valuable book for students andpractitioners alike." —John D Findlay, Director, Stent "This is a valuable source for practitioners and students. Itcovers the A-Z of project management in a confident contemporarymanner, and provides a powerful and much needed conceptualperspective in place of a purely prescriptive approach. Theengaging presentation introduces a range of challenges toestablished thinking about project management, often by makingcomparisons between practices in the UK and those of othercountries." —Peter Lansley, Professor of Construction Management,University of Reading "A refreshing and unique study of information management and itsimpact upon international construction project management.... Thebook is well presented and written, logical and succinct and isflexible enough to allow readers to either read from start tofinish or to dip into selected chapters. This book deserves to bean established text for any construction or civil engineering under- and/or postgraduate course." —CNBR, 25th November 2003 "Generous use is made of anecdotes andc case historiesthroughout to support the theory. the book illustrates the mistakesmade by others, and the means to deliver projects on time and tocost." —Building Services Journal, April 2004

Construction Project Management

Author : S. Keoki Sears
Publisher : John Wiley & Sons
ISBN 13 : 1118000242
Total Pages : 419 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Construction Project Management by : S. Keoki Sears

Download or read book Construction Project Management written by S. Keoki Sears and published by John Wiley & Sons. This book was released on 2010-09-29 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than thirty years, Construction Project Management by Clough and Sears has been considered the preeminent guide to the Critical Path Method (CPM) of project scheduling. It combines a solid foundation in the principles and fundamentals of CPM with particular emphasis on project planning, demonstrated through an example project. This Fifth Edition features a range of improvements. New pedagogical devices improve absorption of the material. Updated labor, material, and equipment pricing is incorporated into the text. Coverage is enhanced by discussions of contemporary planning and management methods such as Work Breakdown Structures (WBS) and the Earned Value Management System (EVMS). A highway bridge with a complete cost estimate, including SI units, illustrates each of the principles of project management. Using this basic information and the case studies in the appendix, readers are given project management problems and hands-on project management experience. The Fifth Edition features include: Complete coverage of planning and scheduling principles that apply to every type of construction project Expanded coverage of production planning Large foldout illustrations conveniently integrated throughout the book Thorough and up to date, Construction Project Management, Fifth Edition is a superb text for students and an indispensable on-the-job reference for builders, architects, civil engineers, and other construction professionals.

Value Management in Design and Construction

Author : John Kelly
Publisher : Routledge
ISBN 13 : 1135833656
Total Pages : 120 pages
Book Rating : 4.1/5 (358 download)

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Book Synopsis Value Management in Design and Construction by : John Kelly

Download or read book Value Management in Design and Construction written by John Kelly and published by Routledge. This book was released on 1993 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Value Management Implementation in Construction

Author : Ayodeji Emmanuel Oke
Publisher : Emerald Group Publishing
ISBN 13 : 1802624074
Total Pages : 344 pages
Book Rating : 4.8/5 (26 download)

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Book Synopsis Value Management Implementation in Construction by : Ayodeji Emmanuel Oke

Download or read book Value Management Implementation in Construction written by Ayodeji Emmanuel Oke and published by Emerald Group Publishing. This book was released on 2022-02-24 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value Management Implementation in Construction addresses various factors that can enhance the application of the discipline as well as its adoption among concerned stakeholders and discusses the practice of value management in various developed and developing countries.

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.

Value and Risk Management

Author : Michael F. Dallas
Publisher : John Wiley & Sons
ISBN 13 : 0470759429
Total Pages : 400 pages
Book Rating : 4.4/5 (77 download)

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Book Synopsis Value and Risk Management by : Michael F. Dallas

Download or read book Value and Risk Management written by Michael F. Dallas and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published on behalf of the Chartered Institute of Building and endorsed by a range of construction industry institutes, this book explains the underlying concepts of value and risk, and how they relate to one another. It describes the different issues to be addressed in a variety of circumstances and at all stages of a project's life and reviews a number of commonly used and effective techniques, showing how these may be adapted to suit individuals' styles and circumstances. * Published on behalf of the Chartered Institute of Building with cross-industry institutional support * Combines value and risk management which are often considered, wrongly, in isolation * Makes a complicated subject accessible to a wide audience of construction practitioners * Features checklists and proformas to aid implementation of best practice * Author has extensive practical experience of the subject

Project Management, Planning and Control

Author : Albert Lester
Publisher : Butterworth-Heinemann
ISBN 13 : 9780750669566
Total Pages : 460 pages
Book Rating : 4.6/5 (695 download)

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Book Synopsis Project Management, Planning and Control by : Albert Lester

Download or read book Project Management, Planning and Control written by Albert Lester and published by Butterworth-Heinemann. This book was released on 2007 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fifth edition provides a comprehensive resource for project managers. It describes the latest project management systems that use critical path methods.

Value Management

Author : Steven Male
Publisher : Thomas Telford
ISBN 13 : 0727727303
Total Pages : 76 pages
Book Rating : 4.7/5 (277 download)

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Book Synopsis Value Management by : Steven Male

Download or read book Value Management written by Steven Male and published by Thomas Telford. This book was released on 1998 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value management (VM) is a structured, team-oriented approach to problem solving that can be applied to the concept, design, construction and on-going management phases of a project. The primary reasons for any client or consultant to commission a VM study is to achieve value improvements and/or monetary savings. The Research documentThis document presents the findings of the three year research programme that formed the basis for the Framework results. It compares and contrasts the various methodologies, tools, and techniques of VM.

Value Management in Design and Construction

Author : John Kelly
Publisher : Taylor & Francis
ISBN 13 : 9780419151203
Total Pages : 181 pages
Book Rating : 4.1/5 (512 download)

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Book Synopsis Value Management in Design and Construction by : John Kelly

Download or read book Value Management in Design and Construction written by John Kelly and published by Taylor & Francis. This book was released on 1993 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value management (VM), first developed in the USA, 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.

Quality Management in Construction Projects

Author : Abdul Razzak Rumane
Publisher : CRC Press
ISBN 13 : 1498781683
Total Pages : 538 pages
Book Rating : 4.4/5 (987 download)

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Book Synopsis Quality Management in Construction Projects by : Abdul Razzak Rumane

Download or read book Quality Management in Construction Projects written by Abdul Razzak Rumane and published by CRC Press. This book was released on 2017-10-17 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first edition published in 2010. The response was encouraging and many people appreciated a book that was dedicated to quality management in construction projects. Since it published, ISO 9000: 2008 has been revised and ISO 9000: 2015 has published. The new edition will focus on risk-based thinking which must be considered from the beginning and throughout the project life cycle. There are quality-related topics such as Customer Relationship, Supplier Management, Risk Management, Quality Audits, Tools for Construction Projects, and Quality Management that were not covered in the first edition. Furthermore, some figures and tables needed to be updated to make the book more comprehensive.