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Alaqad, M, Gidado, K, Piroozfar, P, Alkhadim, M and Dorgham, A (2020) Efficacy of Value Management System in Building Projects: A UK Perspective. In: Scott, L and Neilson, C J (Eds.), Proceedings 36th Annual ARCOM Conference, 7-8 September 2020, UK, Association of Researchers in Construction Management, 146-155.
- Type: Conference Proceedings
- Keywords: design-build projects, value management system.
- ISBN/ISSN: 978-0-9955463-3-2
- URL: http://www.arcom.ac.uk/-docs/proceedings/7d7c110f47a3ef3e97206f167c78dbf1.pdf
The main purpose of using Design and Build (D&B) procurement option is to ensure client’s satisfaction is maximised; which is in full concordance with the main purpose of Value Management System (VMS). VMS is considered as a useful tool for enhancing functions, improving quality, and reducing cost and time in construction projects. This synergy has laid the foundation for this research to investigate the measured items that are used in practice to adopt VMS for medium-sized D&B building projects in the UK. Eight building and construction professionals from different backgrounds having significant experience in using D&B procurement system were recruited through purposive sampling method and participated in the data collection using semi-structured interviews. In-depth qualitative analysis has identified key benefits in adopting VMS in D&B projects. However, some of these benefits squandered due to the lack of systematic VMS practice in place. The research concluded that raising clients’ awareness of VMS and its benefits, using the VMS techniques, and appointing a value facilitator are of paramount importance yet still widely overlooked by practitioners in the construction industry. The paper makes key recommendations of how these shortcomings could be addressed.