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Del Solar, P, Del Río, M, Villoria, P and Nadal, A (2016) Analysis of Recurrent Defects in the Execution of Ceramic-Coatings Cladding in Building Construction. Journal of Construction Engineering and Management, 142(04).
Du, J, El-Gafy, M and Zhao, D (2016) Optimization of Change Order Management Process with Object-Oriented Discrete Event Simulation: Case Study. Journal of Construction Engineering and Management, 142(04).
Jordan Srour, F, Kiomjian, D and Srour, I M (2016) Learning Curves in Construction: A Critical Review and New Model. Journal of Construction Engineering and Management, 142(04).
Kim, C, Kim, T, Lee, U, Cho, H and Kang, K (2016) Advanced Steel Beam Assembly Approach for Improving Safety of Structural Steel Workers. Journal of Construction Engineering and Management, 142(04).
Larsson, J, Lu, W, Krantz, J and Olofsson, T (2016) Discrete Event Simulation Analysis of Product and Process Platforms: A Bridge Construction Case Study. Journal of Construction Engineering and Management, 142(04).
Lucko, G and Kaminsky, J A (2016) Construction Engineering Conference and Workshop 2014: Setting an Industry–Academic Collaborative Research Agenda. Journal of Construction Engineering and Management, 142(04).
Mirzadeh, I and Birgisson, B (2016) Evaluation of Highway Projects under Government Support Mechanisms Based on an Option-Pricing Framework. Journal of Construction Engineering and Management, 142(04).
Shen, X and Marks, E (2016) Near-Miss Information Visualization Tool in BIM for Construction Safety. Journal of Construction Engineering and Management, 142(04).
Szentes, H and Eriksson, P E (2016) Paradoxical Organizational Tensions between Control and Flexibility When Managing Large Infrastructure Projects. Journal of Construction Engineering and Management, 142(04).
Wang, T, Tang, W, Qi, D, Shen, W and Huang, M (2016) Enhancing Design Management by Partnering in Delivery of International EPC Projects: Evidence from Chinese Construction Companies. Journal of Construction Engineering and Management, 142(04).
Xiong, W, Zhang, X and Chen, H (2016) Early-Termination Compensation in Public–Private Partnership Projects. Journal of Construction Engineering and Management, 142(04).
Zhang, L and El-Gohary, N M (2016) Discovering Stakeholder Values for Axiology-Based Value Analysis of Building Projects. Journal of Construction Engineering and Management, 142(04).
- Type: Journal Article
- Keywords: Axiology; Value analysis; Stakeholder values; Infrastructure management; Project planning and design;
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0001004
- Abstract:
There has been an increasing demand for maximizing the environmental, social, and economic value of built infrastructure. However, a major gap still exists in the area of value analysis; there is no formal model to conceptualize, represent, and reason about value and valuation of built infrastructure. This paper presents the authors’ work in the area of formal axiology-based value analysis of building projects. Axiology is a theory of value and worth. The formal axiology is a theory-based, semantic model for analyzing and assessing the value (worth) of building projects based on the environmental, social, and economic values of stakeholders (e.g., energy conservation, safety, economic growth). The first step towards developing the formal axiology is discovering stakeholder values in the context of building projects. Value discovery is the process of identifying the values that are relevant to a particular system. In this paper, the authors focus on presenting their value-discovery work for residential, commercial, and educational building projects. Stakeholder values were discovered from project documents, value literature, and a stakeholder survey. The paper discusses the survey design, implementation, and results. Overall, the results show that, on average, all values are at least moderately important to all stakeholders. The results also show that although there is a general agreement on the importance ranking of values among stakeholders, there are significant differences in the ranks across different stakeholder groups and across different project types. This research contributes to the body of knowledge by providing both theoretical and empirical knowledge on stakeholder value discovery; it could facilitate value-sensitive decision-making by embodying stakeholder values into project planning and design towards better synergy between human values and the built environment.