Achieving Value For Money In Capital Build Projects
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Achieving Value For Money In Capital Build Projects
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Author : Angela Vodden
language : en
Publisher: Routledge
Release Date : 2019-10-08
Achieving Value For Money In Capital Build Projects written by Angela Vodden and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-08 with Architecture categories.
This book is the first to bring together academic and practitioner views of Value for Money (VFM). VFM has been used to assess whether or not an organisation has obtained the maximum benefit within the resources available to it. A concept used by the public sector to assess the benefits of major built environment projects, it has become a major tenet of public private partnerships, capital project infrastructure and civil engineering megaprojects. This book presents and discusses the various debates surrounding the concept of Value for Money. It provides an international perspective on VFM by drawing upon the existing and fast developing body of principles and practices for Capital Build Projects. Readers will gain a level of understanding of the issues involved, the challenges, opportunities and the support mechanisms and protocols required for implementation of VFM in capital building development. Ultimately, the book presents a protocol that has been developed to track and monitor the VFM of a capital project from day 1, an Equilibrium Testing Mechanism (ETM) developed by the authors. This testing mechanism allows each of the parties to a project to monitor their VFM position at any given stage of a project from the beginning to the end of the build stage and beyond as necessary. This book is both a useful reference for researchers and a practical guide for the construction and engineering industry.
Building In Value Pre Design Issues
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Author : Rick Best
language : en
Publisher: Routledge
Release Date : 2013-03-07
Building In Value Pre Design Issues written by Rick Best and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-07 with Architecture categories.
*Offers a practical approach to cost-effectiveness. *Provides an introduction to a set of widely applicable decision making tools. *Discusses startegic, financial and construction management techniques.
Value Management Of Construction Projects
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Author : John Kelly
language : en
Publisher: John Wiley & Sons
Release Date : 2014-09-02
Value Management Of Construction Projects written by John Kelly and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-02 with Technology & Engineering categories.
VALUE MANAGEMENT OF CONSTRUCTION PROJECTS Second Edition Value Management is a philosophy, set of principles and structured management methodology for improving organisational decision-making and value-for-money. It is well-established in the international construction industry and has been endorsed as good practice in a range of UK government sponsored reports. The authors have addressed the practical opportunities and difficulties of Value Management by synthesising background, international developments, and benchmarking with their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. Covering methods and practices, frameworks of value and the future of value management, this thoroughly updated second edition extends the integrated value philosophy, methodology and tool kit to describe the application of Value Management to service delivery, asset management and programmes, in addition to projects, products and processes. In particular, the new edition responds to: A range of recent UK industry and government publications; and most notably BS EN 16271:2012 - Value management: Functional expression of the need and functional performance specification; the imminent update of BS EN 12973:2000 Value Management; BS EN 1325 Value Management – Vocabulary, Terms and Definitions; the changes to "Value for Europe" governing the training and certification of Value Management in European Union countries; the UK Government’s Management of Value (MoV) initiative, and other leading reports, international guidance and relevant standards. Changes in Value Management practice, particularly in programmes and projects. Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realisation. Initiatives in asset management covering the management of physical infrastructure, for example the suite of three standards under the generic title of BS ISO 55000: 2014 Asset Management, and its predecessor BSI PAS55 2008 Asset Management: Specification for the Optimized Management of Physical Assets. It contains a dedicated chapter of exemplar case studies which demonstrate the new areas of theory and practice, and an extensive set of tools and techniques of use in Value Management practice. Public and private construction clients and construction professionals such as cost consultants, quantity surveyors, architects, asset managers, engineers, and project managers will all find Value Management of Construction Projects essential reading. It will also be of interest to researchers and students on construction related courses – particularly those at final year undergraduate and at Masters level.
Project Marketing
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Author : Milind Trivikram Phadtare
language : en
Publisher: Taylor & Francis
Release Date : 2022-12-30
Project Marketing written by Milind Trivikram Phadtare and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-30 with Business & Economics categories.
This book is a comprehensive and practical guide to project marketing – a crucial aspect of businesses worldwide. It encompasses a variety of key infrastructure projects such as roads, airports, ports, power, irrigation, commercial, and industrial buildings. The volume: • Provides key definitions and discusses concepts such as segmentation, target marketing, positioning in projects, and organizational buyer behaviour. • Draws and adapts from extant marketing theory and provides real-life case studies to demonstrate application of concepts. • Focuses on project marketing logic, marketing mix, negotiation techniques, and strategies to aid contracting/subcontracting firms to realize better pricing and project profitability. An essential handbook for professional marketers and researchers, this book will be indispensable for B-Schools, project managers, entrepreneurs, infrastructure corporations, and start-ups. It will serve as a key text to foster hassle-free relationships between different business actors and reduce roadblocks such as time and cost escalation, litigation, and the like.
Best Value In Construction
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Author : John Kelly
language : en
Publisher: John Wiley & Sons
Release Date : 2009-02-12
Best Value In Construction written by John Kelly and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-02-12 with Technology & Engineering categories.
Achieving value in construction is now emerging as the main challenge facing the construction team if they are to offer the best service for the client. No longer is the aim simply to keep costs under control. This book from the RICS Foundation analyses how to provide best value by the effective application of leading edge techniques and processes throughout the entire life cycle of buildings, from the business case which underpins their initiation to the achievement of a satisfactory project out-turn. This book is a successor to Quantity Surveying Techniques: New Directions, edited by Peter Brandon and published on behalf of the Royal Institution of Chartered Surveyors by Blackwell. It will be of interest not only to surveyors and construction managers but also to final year undergraduates of construction degrees. '[This book] will make a major contribution to the advancement of the methods by which construction professionals provide a service to their clients' - Professor Peter Brandon
Value Management In Construction And Real Estate
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Author : Geoffrey Q. P. Shen
language : en
Publisher: Routledge
Release Date : 2015-10-05
Value Management In Construction And Real Estate written by Geoffrey Q. P. Shen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-05 with Technology & Engineering categories.
This cutting edge study explores alternative methods and tools to obtain value for money while maintaining quality in construction projects, especially large and complex ones. Extensive references throughout will help the reader develop a deeper understanding of the methodology, and self-study questions help to keep you on track. Ideal as a reference for practitioners and the perfect intro for students of construction or real estate.
Cost Planning Of Pfi And Ppp Building Projects
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Author : Abdelhalim Boussabaine
language : en
Publisher: Routledge
Release Date : 2013-04-03
Cost Planning Of Pfi And Ppp Building Projects written by Abdelhalim Boussabaine and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-03 with Architecture categories.
This topical and timely book presents and innovative approach to dealing with the complexities of cost planning in PFI. PFI/PPP projects have a significantly different costing environment from conventionally procured projects, requiring cost analysts to use their expertise and innovative thinking to develop whole-life cost solutions that deliver value for money to the client, thus improving public building assets performance. Abdelhalim Boussabaine provides a thorough grounding in the theory of PFI, from its early evolution through to examples of current projects. In particular, the rationale for private financing of public services, arguments for and against PFI and 'value for money' mechanisms are discussed. The book presents an innovative framework for whole-life value and calls for changes in the way whole life cycle value is perceived, created and exchanged. Cost Planning of PFI and PPP Building Projects provides the reader with existing knowledge as well as present innovative thinking for future development and management of PFI/PPP cost planning processes. Given the importance and novelty of this book, academics, professionals, undergraduate and postgraduate students will find this book valuable.
The Role Of Cost Saving And Innovation In Pfi Projects
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Author : Construction Industry Council
language : en
Publisher: Thomas Telford
Release Date : 2000-06-02
The Role Of Cost Saving And Innovation In Pfi Projects written by Construction Industry Council and has been published by Thomas Telford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-02 with Business & Economics categories.
"The Private Finance Initiative has been seen ... as a way of achieving the Egan Report's objective of better client value for money fron construction-based projects. [...] This report presents the findings of a study set up to test the proposition that PFI will yield VFM [Value for money] by stimulating innovation"--Back cover.
Construction For A Sustainable Environment
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Author : Robert Sarsby
language : en
Publisher: CRC Press
Release Date : 2009-11-03
Construction For A Sustainable Environment written by Robert Sarsby and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-03 with Technology & Engineering categories.
The past fifty years have seen rapid development of public and governmental awareness of environmental issues. Engineers and scientists have made tangible contributions to environmental protection. However, further theoretical and practical developments are necessary to address mankinds growing demands on the environment. Construction for a Sustai
Building In Value
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Author : Rick Best
language : en
Publisher: Routledge
Release Date : 1999-08-27
Building In Value written by Rick Best and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-08-27 with Construction industry categories.
The concept of value in projects is a key issue for everyone involved in the construction industry. Building in Value brings together many experts in the field to outline the wide range of tools, techniques and procedures that can and should be used to make the building procurement phase as efficient as possible. The authors go on to discuss how to ensure that future problems in the design and construction of the buildings are anticipated at the start and to minimise the liklihood of future hiccups. Integrating strategic, financial and construction management techniques, this book provides an essential guide for construction professionals. *Offers a practical approach to cost-effectiveness.*Provides an introduction to a set of widely applicable decision making tools.*Discusses startegic, financial and construction management techniques.