Open AccessA Cross-Sectional Analysis of the Application Sustainability and Current Practices of Value Management at the Briefing Stage
Author(s) -
Ibrahim I. Falqi,
Abdullah Alshehri
Publication year - 2020
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.f7118.038620
Subject(s) - sustainability , value (mathematics) , business , maturity (psychological) , value engineering , process management , knowledge management , engineering management , operations management , engineering , computer science , political science , ecology , machine learning , law , biology
The value management concept is becoming increasingly relevant to the construction industry in Saudi Arabia. The aim of this study to analyse the technical knowledge of value management practitioners concerning the sustainability aspects and its implementation all over the country. A quantitative research design used to analyse the application of value management among stakeholders associated with construction projects. The results shown that 10% of consultants and 8% of the contractors were having a useful application of value management; while, 4% consultants and 6% contractors have full maturity of the value management application. The findings have shown that unqualified individuals (24%), lack of client’s experience (24%) and not part of the project (17%) are the main reasons behind the restriction of value management implementation. Despite the implications of value management is extensive in developed and developing countries, the Saudi construction industry needs to increase the level of application of value management.