Value management (VM) has become a useful tool for achieving sustainability in many countries. This paper aims to assess VM implementation and its activities towards achieving sustainable building projects in Egypt. Data were obtained from the literature, followed by a qualitative approach through a semi-structured interview and a quantitative approach via a questionnaire survey. In Cairo and Giza, data were collected from a sample of 200 building professionals using a questionnaire, while exploration of the country’s VM activities practice was completed using exploratory factor analysis (EFA), including descriptive statistics such as “frequency analysis” and ”measures of central tendencies”. The results show that VM awareness was demonstrated by 64% of the sample, which means that they know about VM. On the other hand, most respondents, 85.3%, did not adopt VM and did not receive any VM training. The results also show, through EFA, that the correlations between these activities show five main components: an information phase, a function phase, a creativity phase, an evaluation phase, and a development/presentation phase. This study will help building professionals to eliminate unwanted costs and enhance project sustainability by adopting VM in building projects in developing countries. Finally, the results of this study will enhance building management through the implementation of VM elements, with a view to ensuring value for money and meeting sustainability goals.

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Value management (VM) has become an accepted approach in the past decade, using tools and methods that have been ordinarily understood. VM is often subjected to time and res ource pressure. The determination of the possible critical success factors (CSFs) of VM in the building projects in developing countries is an essential matter to success these projects. This study identified 34 factors and drivers to adopt VM in the construction industry. This was achieved through qualitative approach by conducting interviews with fifteen experts with substantial years of experience in building projects. Results revealed that some new factors appeared in the Egypt context that have not existed in previous studies. These factors can aid the adoption of VM practices in the building projects in the Egypt construction industry. The findings thus represent the true reflection of the VM drivers in Egypt, and their recommendations effectively encourage the adoption of VM by Egypt and also other developing countries, as they face similar problems and need similar drivers in promoting the adoption of VM in the building industry when building projects are carried out in similar method, and style.