Value Engineering Role in Construction Sustainability During COVID-19 Pandemic in KSA

Al-Muaybid, Abdulaziz I; Abdulghafour, Abdulrazak; Mlybari, Ehab A

doi:10.17485/ijst/v15i12.2293

Cited by 3 publications

(1 citation statement)

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“…Rahman explores enhancing the value of massive infrastructure projects in Indonesia using VE methodologies, underlining the significance of VE and suggesting ways to optimize project outcomes [12]. Al-Muaybid investigates the role of VE in sustaining construction during the COVID-19 pandemic in Saudi Arabia, highlighting its importance and providing insights into its utilization [13]. Nejatyan conducts a Delphi-based survey focusing on determining factors influencing performance improvement in construction project management through value-based VE strategies, suggesting new concepts and indicating the need for further research and proposals [14].…”

Section: Literature Reviewmentioning

confidence: 99%

Development of Worth Estimation and Key Target Selection Methods for Effective VE

Jeong,

Kim

2024

Buildings

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VE is a powerful technique for analyzing a design with a focus on functionality, reducing costs, and increasing value. However, in order to proceed with the design of VE, the theoretical basis for the VE target selection process, which must be preceded in the preparation stage, is lacking, and as a result, it is difficult to verify the most effective target selection. Thus, a theoretical basis is needed. In this study, we intend to quantify the “Worth” value of the “Cost to Worth” technique and present an objective model of the target selection method using the derived value index (VI). For this purpose, cost worth (Worth C) was calculated based on the performance data of 1008 cases for 15 building types provided by the Domestic Public Procurement Service and the share of 83 detailed processes in seven fields. Then, a survey was conducted targeting the ordering companies, and the final worth (Worth F) was calculated by multiplying the derived customer value (Worth V) weight for each detailed work type. We calculated the value index (VI) by comparing “Cost” and “Worth F” for each detailed construction type of the VE project and developed a model to select construction types that exceed the VI standard value derived using the standard error of the population. Both cost experts and non-cost experts can use the developed model to specify the VE target selection criteria in order to easily select the key target, objectively sort the values that serve as the basis for calculating the value index, and make it possible to more easily select the VE target selection criteria based on theoretical evidence. Also, the model can be used to obtain effective detailed design VE results.

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Section: Literature Reviewmentioning

confidence: 99%

Development of Worth Estimation and Key Target Selection Methods for Effective VE

Jeong,

Kim

2024

Buildings

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Evaluation of Challenges to the Construction Industry’s Project Efficiency Caused by the COVID-19 Pandemic

Adepu

Kermanshachi

Pamidimukkala

et al. 2023

International Conference on Transportation and Development 2023

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Development of Worth Estimation and Key Target Selection Methods for Effective VE

Jeong,

Kim

2024

Preprint

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VE is a powerful technique for analyzing a design with a focus on functionality, reducing costs, and increasing value. However, in order to proceed with the design of VE, the theoretical basis for the VE target selection process, which must be preceded in the preparation stage, is lacking, and as a result, it is difficult to verify the most effective target selection. Thus, a theoretical basis is needed. In this study, we intend to quantify the WORTH value of the COST TO WORTH technique and present an objective model of the target selection method using the derived Value Index (VI). For this purpose, cost worth (WORTHC) was calculated based on the performance data of 1,008 cases of 15 building types provided by the Domestic Public Procurement Service and the share of 83 detailed processes in 7 fields. Then, a survey was conducted targeting the ordering companies, and the final worth (WORTHF) was calculated by multiplying the derived customer value (WORTHV ) weight for each detailed work type. We calculated the Value Index (VI) by comparing COST and WORTHF for each detailed construction type of the VE project and developed a model to select construction types that exceed the VI standard value derived using the standard error of the population. Both cost experts and non-cost experts can use the developed model to specify the VE target selection criteria in order to easily select the key target, objectively sort the values that serve as the basis for calculating the value index and make it possible to more easily select the VE target selection criteria based on theoretical evidence. Also, the model can be used to obtain effective detailed design VE results.

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Value Engineering Role in Construction Sustainability During COVID-19 Pandemic in KSA

Cited by 3 publications

References 0 publications

Development of Worth Estimation and Key Target Selection Methods for Effective VE

Development of Worth Estimation and Key Target Selection Methods for Effective VE

Evaluation of Challenges to the Construction Industry’s Project Efficiency Caused by the COVID-19 Pandemic

Development of Worth Estimation and Key Target Selection Methods for Effective VE

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