Analysis and Value Engineering Applied in Building Restoration - Proposed Methodology

Abstract

The principal route of success in construction is, according to most experts, economic competitiveness, and the main conditions are: the correct management of cost and quality of construction works and services in the competitive market. Analysis Method and Value Engineering allow the development of competitiveness (efficiency) construction firms in a meaningful, durable and this in an economic environment more complex and evolving. The proposed methodology seeks to solve these problems and give a reply in this regard and create the possibility of reducing the price of construction.

Conceptual framework of value management adoption in the Nigerian construction industry

“…Previous researches in the built environment had developed various conceptual frameworks for VM (Shen et al , 2006; Leung et al , 2013; Ramly, 2015; Ciocan and Onutu, 2017). Shen et al (2006) developed a conceptual framework for performance measurement in VM studies in Hong Kong.…”

“…On the part of Ramly et al (2015), a framework for performance management of VM implementation in the Malaysian construction industry was developed. Ciocan and Onutu (2017) also developed a methodology for application of analysis and value engineering in construction and building rehabilitation for the Romanian construction industry. The methodology is in three-block form for a workable plan or stepwise series.…”