Critical Success Factors for Value Management Studies in Construction

Shen, Geoffrey Qiping; Liu, Guiwen

doi:10.1061/(asce)0733-9364(2003)129:5(485)

Cited by 145 publications

(123 citation statements)

References 9 publications

Supporting

Mentioning

112

Contrasting

Unclassified

Order By: Relevance

“…The unwilling of owners to pay for VM service and the resistance from design consultants are additional factors that inhibit the wider use of VM (Hogg, 2000). Owner support was determined to be the most critical success factor for VM application (Shen and Liu, 2003) because according to Norton and McElligot (1995) (cited by Hwang, Zhao and Ong, 2014), the owner's clear support has been argued to be the only possible way to facilitate the acceptance of VM and overcome opposition to its application.…”

Section: Ranking Of Hindrance Factorsmentioning

confidence: 99%

See 1 more Smart Citation

Barriers to Applying Value Management in the Vietnamese Construction Industry

Kim¹,

Lee²,

Thanh³

et al. 2016

JCDC

View full text Add to dashboard Cite

Abstract:The value management (VM) approach often faces many barriers when applied in the Vietnamese construction industry, as well as in many other developing countries. Most of the related past works identify an insufficient number of factors that hinder the application of VM. This study identified 18 factors hindering the application of VM in the construction industry. To gather views from industrial practitioners with many years of experience in construction projects, this study administered questionnaire surveys. The findings revealed that the four greatest obstacles to the application of VM were the lack of VM experts, the lack of knowledge about VM, the lack of local VM guidelines, as well as technical norms and standards, and the lack of investments, support policies and human resources to conduct VM in construction companies. Additionally, the factor analysis method was applied to investigate the correlation effects of the hindrance factors, which resulted in four core components representing the hindrance factors, namely, lack of qualified personnel to implement VM, inherent difficulties with VM workshops, lack of awareness of VM, and lack of VM application documents. The study contributes to the body of knowledge relating to the application of VM in the construction industry. The findings can be generalised to many developing countries, as they face similar problems in terms of promoting the application of VM in the construction industry.

show abstract

Section: Ranking Of Hindrance Factorsmentioning

confidence: 99%

“…Although some schools of thought tend to distinguish VM from VE and VA, it is more widely accepted that the term VM can be used to represent other related value methodologies (Shen and Liu, 2003). For simplicity, the term VM is used synonymously with VE and VA throughout this study.…”

Section: Introductionmentioning

confidence: 99%

Barriers to Applying Value Management in the Vietnamese Construction Industry

Kim¹,

Lee²,

Thanh³

et al. 2016

JCDC

View full text Add to dashboard Cite

show abstract

“…The structure of the questionnaire mainly includes the major barriers of applying green elements. The Likert scale is commonly used for rating the relative significance of individual factors through examining experts' opinion [1,10,11]. In this study, the respondents were invited to give their opinion on the relative significance of each barrier to hinder the implementation of green strategy during the construction process of the residential building.…”

Section: Data Surveymentioning

confidence: 99%

Barriers to Implement Green Strategy in the Process of Developing Real Estate Projects

Xiaoling

2011

TOWMJ

View full text Add to dashboard Cite

Abstract:The promotion of sustainable practice in real estate development has more and more influences on the society. However, most of the real estate development projects display few green features. This paper examines 10 typical barriers encountered in the process of real estate development and facilities management by employing questionnaire survey. Case study approach is adopted to investigate how and why the barriers can hinder the implementation of real estate development projects. It approaches the subject from the whole process of developing real estate project, including plan and design, construction and operation and management stages. Research results show that high cost for green appliance and lack of motivation from customers' demand are identified as the two major barriers. The paper concludes by exploring the reasons that these barriers exist and suggesting some ways in which the barriers may be overcome.

show abstract

“…A kérdőívbe 18 gazdasági és 18 kompetitív tényező került kiválasztásra, melyben a gazdasági jellemzők számokban kifejezhető, mérhető és pénzügyi kimutatásokból származó adatok, míg a kompetitív tényezők a vállalat érintettjeihez köthető kompetenciák, képességek (Porter 1990(Porter , 1993(Porter , 2000Barney 1991;Grant 1991;Hamel-Prahalad 1994;Kale 2002;Shen-Liu 2003;Gelei-Schubert, 2006;Chikan 2001Chikan , 2006Chikan , 2008Chikan , 2009Chikan , 2010Lu et al 2008;Shen et al 2009, Nábrádi-Felföldi, 2007Szerb 2004, Szerb-Márkus, 2008Kállai 2010;Fenyves-Tarnoczi, 2011;Syverson, 2011;Bordáné, 2012;Takacs, 2013;Tarnóczy et al, 2015).…”

Section: Anyag éS Módszerunclassified

Vállalati versenyképességi tényezők az üzleti tevékenységben

Duduk¹

2016

E-conom

View full text Add to dashboard Cite

show abstract

Critical Success Factors for Value Management Studies in Construction

Cited by 145 publications

References 9 publications

Barriers to Applying Value Management in the Vietnamese Construction Industry

Barriers to Applying Value Management in the Vietnamese Construction Industry

Barriers to Implement Green Strategy in the Process of Developing Real Estate Projects

Vállalati versenyképességi tényezők az üzleti tevékenységben

Contact Info

Product

Resources

About