Book Name: | Value Management of Construction Projects |
Category: | Civil Engineering Books |
Language: | English |
Format: | |
Free Download: | Available |
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Book Description:
Value management evaluates alternative construction materials and systems to save money without impacting building performance or the construction program. It has become a well-established tool in the construction industry, endorsed in many government-sponsored reports. In the current economic climate, clients are increasingly looking to employ value management to ensure they generate maximum value from their investments.+
Since the first edition’s publication in 2004, value management has developed significantly. The second edition retains the structure of the first edition, covering methods and practices, frameworks of value, and the future of value management, but has been thoroughly updated with new material and several new chapters to ensure it reflects current theory and practice. In particular, the new edition responds to the following:
- Recent publications, most notably the imminent update of British Standard BS EN 12973:2000 Value Management; the change to “Value for Europe” governing training and certification in EU countries; and the recent publication of the UK government OGC, Management of Value (MoV) initiative
- Research in value management undertaken since the publication of the first edition
- Changes in value management practice, particularly in programs and projects.
- Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realization
- New asset management initiatives covering physical infrastructure management, for example, BSi PAS55 2008 “Asset management: Specification for the optimized management of physical assets.”
Appendices include a toolbox and generic case studies to illustrate value practice.
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Author(s): John Kelly, Steven Male, Drummond Graham
Publisher: Wiley-Blackwell, Year: 2014
ISBN: 1118351231,9781118351239