posted on 2010-01-06, 11:40authored byDerek S. Thomson, Simon Austin
Value management is well established in construction. The method provides a
structured, documentable consideration of project stakeholders to ensure that projects
are required, framed to satisfy values and sufficiently supported by all stakeholders to
ensure successful completion. A variety of construction-specific value management
methods exist and many UK design management contractors offer the practice to
clients as a structured method of considering the role of each project in adding value
to clients’ business activities.
Value management in construction has grown from the manufacturing sector, but
historical review suggests it was extrapolated verbatim, with limited revision for
construction application. The soundness of this foundation is examined. The paper
reviews the extent to which designers are currently provided with mechanisms to
consider stakeholder values during the project stages when most design output is
produced. Integral Value Engineering is proposed to continuously relate ongoing
design activity to the project values current at the time of each design task’s
completion.
The paper describes a toolbox of value-adding tools that provide project designers
with methods of structuring design activity to relate technical design solutions to
stakeholder values. Development of the toolbox as a web-based resource is reviewed,
and its supporting role confirmed by validation exercises. The paper concludes by
establishing the need for all designers in the supply chain to be provided with methods
of structuring their problem solving processes to address value delivery, and the
suitability of the value-adding toolbox to them. Future work must develop means of
actively maintaining a shared understanding of values throughout project progression,
providing a framework and objective for ongoing design activity.
History
School
Architecture, Building and Civil Engineering
Citation
THOMSON, D.S. and AUSTIN, S.A., 2001. Construction value management revisited: the designer's role. Proceedings of RICS Cobra Conference 2001, Glasgow Caledonian University, Glasgow, 3rd September 2001.
Publisher
RICS
Version
NA (Not Applicable or Unknown)
Publication date
2001
Notes
This is a conference paper. It is also freely available at: http://www.rics.org/