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Value Management Activities in Building Projects in Developing Countries

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Advances in Civil Engineering Materials

Part of the book series: Lecture Notes in Civil Engineering ((LNCE,volume 139))

Abstract

In the past decade, value management (VM) has become an established practice using widely known techniques and practices. VM is also exposed to demand of time and resources. Nevertheless, the actions/methods of this approach are linked to informal approaches in developing countries. However, previous research has suggested that many VM activities and elements for delivering VM in construction projects. This research aims to verify these activities through qualitative thematic analysis approach. The thematic analysis confirms the necessity of the VM activities identified in the previous research for managing construction investment and provides directions for construction organisations to improve VM adoption. The study also revealed five (5) phases of value management activities/methods for the Egyptian construction industry, including information, function, innovation, evaluation and development and presentation phases. The findings will support and improve the implementation of VM applications in Egypt's Therefore, the results reflect the need to adopt the method in line with the formal VM approach in Egypt and other developing countries.

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Acknowledgements

Universiti Teknologi PETRONAS, 32610 Seri Iskandar, Perak, Malaysia, Tel: +6053658000, Fax: +6053656716.

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Authors and Affiliations

  1. Department of Civil and Environmental Engineering, Universiti Technologi PETRONAS, 32610, Seri Iskandar, Perak, Malaysia

    Ahmed Farouk Kineber, Idris Othman & Mohanad Kamil Buniya

  2. Department of Quantity Surveying, Federal University of Technology Akure, Akure, Nigeria

    Ayodeji Emmanuel Oke

Authors
  1. Ahmed Farouk Kineber
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  2. Idris Othman
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  3. Ayodeji Emmanuel Oke
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  4. Mohanad Kamil Buniya
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Corresponding author

Correspondence to Ahmed Farouk Kineber .

Editor information

Editors and Affiliations

  1. Department of Architecture, Universiti Putra Malaysia, Serdang, Selangor, Malaysia

    Ar Meor Mohammad Fared Bin Meor Razali

  2. Department of Mechanical Engineering, Universiti Teknologi Petronas, Seri Iskandar, Perak, Malaysia

    Mokhtar Awang

  3. Research Department, Sigma Research and Consulting, Delft, Zuid-Holland, The Netherlands

    Seyed Sattar Emamian

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Kineber, A.F., Othman, I., Oke, A.E., Buniya, M.K. (2021). Value Management Activities in Building Projects in Developing Countries. In: Bin Meor Razali, A.M.M.F., Awang, M., Emamian, S.S. (eds) Advances in Civil Engineering Materials. Lecture Notes in Civil Engineering, vol 139. Springer, Singapore. https://doi.org/10.1007/978-981-33-6560-5_7

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  • DOI: https://doi.org/10.1007/978-981-33-6560-5_7

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-33-6559-9

  • Online ISBN: 978-981-33-6560-5

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