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Abidin, N Z and Pasquire, C L (2005) Delivering sustainability through value management: Concept and performance overview. Engineering, Construction and Architectural Management, 12(02), 168–80.

  • Type: Journal Article
  • Keywords: Economic sustainability; asset valuation; construction industry
  • ISBN/ISSN: 0969-9988
  • URL: http://puck.emeraldinsight.com/vl=3798359/cl=28/nw=1/rpsv/cw/mcb/09699988/v12n2/s4/p168
  • Abstract:
    Purpose - The attention on sustainability issues within value management (VM) practices is uncertain due to the scarcity of information on this subject in the available literature. As a value enhancement technique, VM should incorporate sustainability issues as they would affect the quality of the outcome. By exploring VM as a means to uplift sustainability issues at the early construction stages, it shall shed light to its potential and current practices and thus stimulating wider attention to this field in the future. Design/methodology/approach - This paper begins by presenting the underlying concept of integrating sustainability within VM. The potential of VM to uplift sustainability issues is highlighted and the relationships between these two are discussed. Field studies were conducted to investigate the existing practices of VM and its practitioners' attitudes towards sustainability. Findings - It is confirmed that sustainability consideration is already inherent in the VM workshops but the level of attention varies between workshops. There are gaps in current practices, indicating rooms for improvement. The identified barriers to integration are believed responsible for these gaps. Research implications - Any strategy to promote sustainability consideration in VM in the future must address the impediments to integration. Originality/value - The attention on sustainability issues in VM remains an untapped area due to scarcity of information. Theoretically, the intrinsic capabilities and the positive relationships between these two heighten VM position as an effective means for sustainability improvement. However, in practices, sustainability attention requires improvement to bridge the gaps and overcome the existing barriers that impede current integration.

Arayici, Y and Aouad, G (2005) Computer integrated construction: an approach to requirements engineering. Engineering, Construction and Architectural Management, 12(02), 194–215.

Chan, J K W, Tam, C M and Cheung, R K C (2005) Construction firms at the crossroads in Hong Kong: Going insolvency or seeking opportunity. Engineering, Construction and Architectural Management, 12(02), 111–24.

Fortune, C and Setiawan, S (2005) Partnering practice and the delivery of construction projects for Housing Associations in the UK. Engineering, Construction and Architectural Management, 12(02), 181–93.

Leung, M-y, Liu, A M M and Ng, S T (2005) Is there a relationship between construction conflicts and participants' satisfaction?. Engineering, Construction and Architectural Management, 12(02), 149–67.

Li, B, Akintoye, A, Edwards, P J and Hardcastle, C (2005) PFI procurement for construction projects in the UK: Findings from a questionnaire survey. Engineering, Construction and Architectural Management, 12(02), 125–48.