scholarly journals Value engineering method in Polish construction

2018 ◽  
Vol 196 ◽  
pp. 04092
Author(s):  
Agnieszka Leśniak ◽  
Marzena Lendo-Siwicka
Keyword(s):  
Construction Projects ◽  
Value Engineering ◽  
Engineering Method ◽  
Value Management

Value engineering is a method of searching for and eliminating unnecessary costs, while maintaining or even increasing the assumed functionality and quality of the structure, in accordance with the investor's requirements. The paper presents the definition and assumptions of value management in construction projects and presents the results of surveys conducted among Polish engineers. The aim of the research was to show whether Polish engineers and specialists in the field of construction have knowledge about value management and whether they put it into practice.

scholarly journals A Simulation Model of Construction Projects Executed in Random Conditions with the Overlapping Construction Works

2021 ◽  
Vol 13 (11) ◽  
pp. 5795
Author(s):  
Sławomir Biruk ◽  
Łukasz Rzepecki
Keyword(s):  
Simulation Model ◽  
Technological Process ◽  
Construction Projects ◽  
Working Time ◽  
Simulation Studies ◽  
Construction Methods ◽  
The Impact ◽  
Construction Works

Reducing the duration of construction works requires additional organizational measures, such as selecting construction methods that assure a shorter realization time, engaging additional resources, working overtime, or allowing construction works to be performed simultaneously in the same working units. The simultaneous work of crews may affect the quality of works and the efficiency of construction processes. This article presents a simulation model aimed at assessing the impact of the overlap period on the extension of the working time of the crews and the reduction of a repetitive project’s duration in random conditions. The purpose of simulation studies is to provide construction managers with guidelines when deciding on the dates of starting the sequential technological process lines realized by specialized working crews, for sustainable scheduling and organization of construction projects.

Quality of Design Documentation in the Construction Industry: A Review Using Meta-Synthesis Approach

2021 ◽  
Vol 18 (06) ◽  
Author(s):  
Peter Dodzi Kwasi Agbaxode ◽  
Sitsabo Dlamini ◽  
Ehsan Saghatforoush
Keyword(s):  
Construction Industry ◽  
Influencing Factors ◽  
Construction Projects ◽  
Poor Quality ◽  
Improve Design ◽  
Documentation Quality ◽  
Design Documentation ◽  
Quality Design ◽  
Synthesis Approach

A meta-synthesis approach was used to identify, synthesize, and categorize appropriately factors in the literature that contribute to design documentation quality. The categories include factors on quality attributes, quality indicators, and quality-influencing factors. Findings indicate that the quality of design documentation in practice is unsatisfactory, therefore, there is a need for collaboration between the owner, designers, and end-users to improve design documentation quality. The results offer pragmatic data on design documentation quality in the construction industry between the years 1992 and 2019. However, further research on the significant impacts of poor-quality design documentation on construction projects is recommended.

Conceptual framework of value management adoption in the Nigerian construction industry

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lekan Damilola Ojo ◽  
Deji Rufus Ogunsemi ◽  
Olusola Ogunsina
Keyword(s):  
Conceptual Framework ◽  
Construction Industry ◽  
Construction Projects ◽  
Value Management ◽  
Chi Square ◽  
Content Type ◽  
Construction Market ◽  
Innovative Management ◽  
Coefficient Of Concordance ◽  
Global Construction

Purpose The Nigerian construction industry is bedeviled with poor project performance and outcomes which value management (VM) could address if applied. The application of VM on Nigerian construction projects is very minimal due to certain obstacles, namely, lack of VM experts, paucity of knowledge on the techniques, etc., which inhibits the adoption into the construction industry. Therefore, this study aims to develop a conceptual framework of the adoption of VM on construction projects in a typical developing economy. Design/methodology/approach This study engaged 15 selected VM experts in two rounds of Delphi survey to develop a conceptual framework of VM adoption. The method of data analysis includes mean score, standard deviation, Kendall’s coefficient of concordance, chi-square (χ2) test, interrater agreement analysis and significant level analysis. The developed conceptual framework was sent to a team of local and international VM experts for validation. Findings This study reveals that the adoption of VM requires the collective effort of relevant stakeholders in the construction industry. The framework developed presents individual and collective activities to be undertaken by the stakeholders. The activities include training, legislation, government-funded research, etc. Thus, the adoption of innovative management methodology like VM requires the collaboration of academics, construction professional bodies and government parastatals. This will assist in the judicious use of limited construction resources and boost the relevance of the Nigerian construction industry among developing nations and in the global construction market. Originality/value This study used the opinions of few construction professionals that can be regarded as VM experts in Nigeria, as against engaging a pool of construction professionals who may not be knowledgeable in VM process. Engaging the few VM experts in the Nigerian construction industry is important to have a valid basis for drawing conclusion, as large questionnaire survey could be possibly filled by inexperienced or unqualified respondents if stringent criteria are not considered at the outset of this study.

scholarly journals Value Management in Practice: An Interview Survey

2012 ◽  
Vol 4 (2) ◽  
pp. 11-18 ◽  
Author(s):  
Therese Daddow ◽  
Martin Skitmore
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Project Delivery ◽  
Value Management ◽  
Practical Implementation ◽  
Construction Work ◽  
Value For Money ◽  
Extra Time ◽  
Prescriptive Literature ◽  
Interview Survey

Despite its obvious theoretical benefits, there has been some reservations regarding the practical implementation of Value Management (VM) for construction projects. In particular, these concerns the extra time and costs involved in conducting VM in relation to the actual benefits gained as a consequence of its use. This paper provides the result of an interview survey of the experiences and observations of 17 professionals working in the property and construction industry to establish the extent to which this is an issue. The main conclusion is that the process is working well, with VM being popular among those with experience in its use - which has been extended into the area of consultant selection. However, in contrast with the prescriptive literature, much of the participants' experiences appear to be more concerned with VM's contribution to the identification and management of the risks involved in project delivery than the straight value-for-money aspects. This may be due to the higher levels of uncertainty involved in construction work than in VM's original use in construction.

scholarly journals Development of conceptual model of project value dynamics analysis in conditions of uncertainty

2021 ◽  
Vol 4 (13(112)) ◽  
pp. 101-112
Author(s):  
Olexander Bugrov ◽  
Olena Bugrova
Keyword(s):  
Conceptual Model ◽  
Cash Flow ◽  
Construction Projects ◽  
Dimensional Space ◽  
Value Engineering ◽  
Cost Ratio ◽  
Benefit Cost Ratio ◽  
Annual Total ◽  
Benefit Cost ◽  
The Impact

A conceptual model for analyzing the dynamics of the value of the project, achieved as a result of engineering, under conditions of uncertainty has been developed. In the methodological context, the proposed approach is based on an array of isovalues, each of which corresponds to its own level of optimism in forecasting the cash flow for the project. With the increase in the efficiency of the project due to engineering, the entire array of iso-value lines’ changes its geometrical position, moving further from the origin (in the four-dimensional space "time-benefit-cost-risk"). The proposed model includes three stages. At the first stage, input information is collected and the corresponding analysis is initiated. The result of the second stage is a multivariate cash flow forecast and calculation of the benefit-cost ratio (BCR) and its changes for each scenario. The third stage provides the calculation of the expected BCR and its change, an assessment of the risk of making an erroneous decision and changing this risk as a result of the engineering session. The model makes it possible to calculate the achieved proportion of the static and dynamic vectors of change in the value of the project, which is one of the key manifestations of the scientific novelty of the work. In the example considered, the share of the dynamic vector of growth in the value of the project was found to be 35.47 %. The model has an environmental property - the assessment of the success of value engineering under conditions of uncertainty is carried out on the basis of the annual total benefits and the annual total costs throughout the project cycle. Thus, the analysis takes into account the impact of the project on the environment, which is reflected in the risk assessment. The given case testifies to the feasibility of applying the model in the practice of engineering the value of construction projects.

scholarly journals PENERAPAN METODE VALUE ENGINEERING DALAM PEMILIHAN JENIS BETON PADA PROYEK KONSTRUKSI PERUMAHAN

2021 ◽  
Vol 4 (1) ◽  
pp. 261
Author(s):  
Juan Aditya Kencana ◽  
Mega Waty
Keyword(s):  
Precast Concrete ◽  
Value Engineering ◽  
Affecting Factors ◽  
Conventional Concrete ◽  
Quality Performance ◽  
Housing Projects ◽  
Expert Choice ◽  
Residential Projects ◽  
Selection Of

Value engineering is a technique to provide the necessary functions of a component or product at the lowest cost while meeting the specifications of quality, performance, and reliability. Development in the housing construction sector must be carried out as efficiently as possible by considering various factors. One of the most affecting factors is the selection of concrete types. The research was conducted on one of the housing projects located in Bumi Serpong Damai to know the most important criteria and the best alternative in selecting concrete types for housing projects. The criteria used are price, time, quality, ease of implementation, availability of tools and materials, technology, and concrete bearing capacity. Simultaneously, the alternatives reviewed are conventional concrete, ready mix concrete, and precast concrete. Research data in the form of questionnaires with the Saaty scale is analyzed by value engineering method with the Expert Choice program's help. Based on the analysis results, the most important criteria in selecting concrete types for residential projects are the quality of concrete with an eigen vector value of 31.1% and the best alternative was precast concrete with an eigen vector value of 47.8%.ABSTRAK  Value engineering adalah suatu teknik untuk memberikan fungsi yang diperlukan dari suatu komponen atau produk dengan biaya terendah sekaligus memenuhi spesifikasi kualitas, kinerja, dan keandalan. Pembangunan dibidang konstruksi perumahan dituntut untuk dilaksanakan seefisien mungkin dengan mempertimbangkan berbagai faktor yang ada. Salah satu faktor yang paling mempengaruhi yaitu pemilihan jenis beton. Penelitian dilakukan pada salah satu proyek perumahan yang terletak di Bumi Serpong Damai dengan tujuan mengetahui kriteria terpenting dan alternatif terbaik dalam pemilihan jenis beton untuk proyek perumahan. Kriteria yang digunakan adalah harga, waktu, kualitas, kemudahan pelaksanaan, ketersediaan alat dan material, teknologi, dan daya dukung beton, sedangkan alternatif yang ditinjau adalah beton konvensional, beton ready mix, dan beton pracetak / precast. Data penelitian berupa kuisioner dengan skala Saaty dianalisis dengan metode value engineering dengan bantuan program Expert Choice. Berdasarkan hasil analisis didapati kriteria terpenting dalam pemilihan jenis beton untuk proyek perumahan adalah kualitas beton dengan nilai eigen vector sebesar 31,1% dan alternatif terbaik berupa beton pracetak / precast dengan nilai eigen vector sebesar 47,8%.

scholarly journals Integrated Framework for Proper Constructability in Bridges Using Value Engineering and Analytical Network Process 'ANP" (Analytical Study): إطار متكامل لتحسين إنشائية الكباري باستخدام الهندسة القيمية وعملية الشبكة التحليلية "ANP" (دراسة تحليلية)

2021 ◽  
Vol 5 (4) ◽  
pp. 107-81
Author(s):  
Nagwan El- Sayed Abo El- Enen, Khaled Mohamed Heiza, Ibrahim Nagwan El- Sayed Abo El- Enen, Khaled Mohamed Heiza, Ibrahim
Keyword(s):  
Life Cycle Cost ◽  
Construction Projects ◽  
Decision Model ◽  
Analytical Study ◽  
Decision Makers ◽  
Value Engineering ◽  
Analytical Network Process ◽  
Network Process ◽  
Readiness To Adopt

Due to recent environmental and Political requirements, and regulations of the construction industry, in which bridges is one of its important category, deciding its proper constructability is becoming vital. Therefor the objective of this research is to develop a decision model for selecting proper constructability of green bridges constructions, the model was built based on analytical network process (the ANP) soft were program, integrated with value engineering approach. For this analytical study different parameters are identified and ranked to be implemented for the decision model developed on the biases of four surveying studies conducted in this study the results of these surveying's was be analyzed by using the statically analytical program; "SPSS". Model validation and reliability is carried out using the analytical network process (ANP) for statistically analysis using case study which is a cable bridge project constructed in Egypt. ANP proves to be an effective framework for assessing readiness to adopt and facilitating TQM. The result of the study illustrate that the proper constructability alternative in green bridge concept for this determinate project is the concrete box girder type, upon this there is a cost loss of $3, 500 per square meter, equivalent to 50% losses, respect to the life cycle cost this is due to did not using the best alternate of the estimated project. upon the possibility of applying this decision model to such studies of infrastructure projects, and with respect to the results gained; it is recommend to apply the ANP model with respect to VE procedures to bridges projects of all kinds and their determinants, as well as all other construction projects, especially national ones, in future studies, which allows decision- makers to make decisions that aim at the highest quality without any waste in unnecessary costs.

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