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Barton, R T (2000) Soft value management methodology for use in project initiation: a learning journey. Journal of Construction Research, 1(02), 109–22.

Fong, P S-W (2000) Facilitated team learning in value management teams. Journal of Construction Research, 1(02), 99–107.

Holt, G D and Faniran, O (2000) Construction management research: a blend of rationalist and interpretative paradigms. Journal of Construction Research, 1(02), 177–82.

Kwon, A H C, Then, D and Skitmore, M R (2000) Risk management in Singapore construction joint ventures. Journal of Construction Research, 1(02), 139–49.

Masurier, J L, Blockley, D and Wood, D M (2000) Management of value and uncertainty in construction projects. Journal of Construction Research, 1(02), 123–9.

Mootanah, D P (2000) Theory meets practice: proposal for a dynamic value and risk methodology for project management. Journal of Construction Research, 1(02), 131–8.

  • Type: Journal Article
  • Keywords: hard value management; soft value management; methodological interface; multi-methodological research; project management; value management
  • ISBN/ISSN: 1609-9451
  • URL:
  • Abstract:
    Among the plethora of 'hard' and 'soft' value methodologies, there is little consensus on how uncertainty and risk can be identified and managed. A dynamic approach for managing value and risk is proposed within the context of participatory group decision methodologies and is derived from a conceptual model developed for integrated risk and value management. The methodological interface bridges different features from methodologies such as the 'soft' SMART VM method based on participation and perceptual decision modelling. life-cycle VM methodology, a holistic risk management methodology and the SAVE methodology. The underlying theory supporting the methodology emerged from surveys of current practice and interviews with practitioners, participant-observations of value and risk studies, document analysis of reports of VM studies and a continuous literature review. This multi-methodological research supports the interaction between theory and practice and produces an integrated approach to managing risk and value in project management.

Nicholas, J, Holt, G D and Mihsein, M (2000) Predicting materials suppliers' bad debt. Journal of Construction Research, 1(02), 159–67.

Seni, D A (2000) From scientific management to process engineering: the spontaneous theory of technological value in the design of work in organizations. Journal of Construction Research, 1(02), 91–8.

Tan, W and Elias, Y (2000) Learning-by-doing in Singapore construction. Journal of Construction Research, 1(02), 151–8.

Wong, F K W, Chan, S C M, Tse, R Y C and Love, P E D (2000) Improving safety knowledge through training: the case of Hong Kong. Journal of Construction Research, 1(02), 169–75.

Woodhead, R (2000) From individual perspectives to a global VM potential. Journal of Construction Research, 1(02), 87–90.