A Framework for Understanding the Dynamic Nature of Value in Design and Construction

Abstract

Since the introduction of the Transformation, Flow, and Value (TFV) theory, the lean construction community has widely invested in research to understand and analyse effectively the concept of value in design and construction. Researchers looked into different contexts, mainly into manufacturing, marketing and business, where the concept of perceived value and value creation has been comprehensively studied. The main driver is that delivering value is regarded as an economic advantage and a pivotal aspect in those industries. Accordingly, researchers used these concepts to reflect on their applicability and compatibility within the construction industry. However, scrutinizing the body of knowledge addressing value in construction, one can notice the wide-ranging and scattered concepts concerning value. This paper thus aims at exploring and assembling the different attributes influencing value in construction. A review and analysis of literature is conducted, mainly in the proceedings of the IGLC conference. An integration framework structuring the multi attributes is then presented focusing on the dynamic nature of value. The overall objective is to identify the research trends concerned with value in construction and specify the probable gaps in knowledge as well as suggesting areas that need further investigation. The research presented in this paper is a first step towards understanding the different dimensions of value and building a unified platform for future research endeavours.

Developing Project Value Attributes: A Proposed Process for Value Delivery on Construction Projects

“…Value delivery is not a straightforward process but offering guidelines and best practices would help in getting towards the goal. Value is dynamic by nature, so it tends to change throughout the project (Khalife & Hamzeh, 2019). Yet, the initial process of identifying the general value attributes during the early conceptualization of projects would help in avoiding changes downstream and increased costs (check "MacLeamy curve").…”

Effect of Project Control Practices on the Performance of Building Construction Companies in Uganda: A Case Study of the City of Kampala

“…However, the construction industry faces various challenges in achieving effective project control practices. One of the significant challenges is the dynamic nature of construction projects, as highlighted by [22]. The complexity and variability inherent in construction projects, driven by changing weather conditions, site-specific challenges, and evolving client requirements, make implementing rigid project control practices difficult.…”

Untangling the Concepts of Value and Values

“…Net, n.d.) In 2010, Salvatierra-Garrido et al (2010) critically reviewed the concept of value in LC theory, concluding that neither researchers nor practitioners had reached a common understanding. Since then, several authors have tried to lock down the concept of value (Drevland & Lohne, 2015;Drevland & Svalestuen, 2013;Khalife & Hamzeh, 2019). However, the concept of value is still very much fuzzy in the LC community.…”

“…Values and value are often confounded (Sánchez-Fernández & Iniesta-Bonillo, 2007). In the LC community, Some authors have covered the difference between the concepts (e.g., Drevland & Lohne, 2015;Khalife & Hamzeh, 2019;Schöttle et al, 2020). However, our impression from the recent IGLC conference is that value and values are still often confused.…”