Sustainability goals are becoming more important indices of construction project success. This is as a result of various planning and regulatory standards, especially regarding sustainability issues, that are currently in place for the control and monitoring of construction process and projects by national and international agencies. Moreover, owing to its popularity and necessity, clients and some other construction participants are also demanding its adoption as a major objective of construction projects. In view of this, this chapter explains value management as a construction sustainability tool in the development and delivery of sustainable construction projects. Various factors to be considered before initiating a sustainable value management study are discussed. The suitability of the study for a construction project is also explained by highlighting and discussing various forms of projects that will benefit significantly from its adoption. More so, a sustainable value management model incorporating cost, value, quality, and time around flexible sustainable goals is discussed and the model is related to three elements of sustainability, namely, economic, social, and environmental. Further to this, the necessities, principles, and stages of sustainable value management study are identified and explained accordingly.
Construction project Sustainable construction Sustainable development Sustainable value management Value Value management
This is a preview of subscription content, log in to check access.
Abidin, N. Z., & Pasquire, C. L. (2005). Delivering sustainability through value management: Concept and performance overview. Engineering, Construction and Architectural Management,2(2), 168–180.CrossRefGoogle Scholar
Aghimien, D. O., & Oke, A. E. (2015). Application of value management to selected construction projects in Nigeria. Developing Country Studies,5(17), 8–14.Google Scholar
AlSanad, S. (2015). Awareness, drivers, actions, and barriers of sustainable construction in Kuwait. Procedia Engineering,118(2015), 969–983.CrossRefGoogle Scholar
Alwan, Z., Jones, P., & Holgate, P. (2017). Strategic sustainable development in the UK construction industry, through the framework for strategic sustainable development, using building information modelling. Journal of Cleaner Production,140(2017), 349–358.CrossRefGoogle Scholar
Al-Yami, A. M., & Price, A. D. (2005). Exploring conceptual linkages between value engineering and sustainable construction. In F. Khosrowshahi (Ed.), 21st Annual ARCOM Conference (pp. 375–384). Association of Researchers in Construction Management: University of London.Google Scholar
Al-Yousefi, A. S. (2016). The synergy between value engineering and sustainability. Presentation at the 8thWorld Congress of the Council on Tall Buildings and Urban Habitat (CTBUH). Dubai. Retrieved November 14, 2016, from http://www.energyandwateroman.com.
Ametepey, O., Aigbavboa, C., & Ansah, K. (2015). Barriers to successful implementation of sustainable construction in the Ghanaian construction industry. Procedia Manufacturing,3(2015), 1682–1689.CrossRefGoogle Scholar
Atkinson, R. (1999). Project managemement: Cost, time and quality, two best guesses and a phenomenon, its time to accept other success criteria. Journal of Project Management,17(6), 337–342.CrossRefGoogle Scholar
Bal, M., Bryde, D., Fearon, D., & Ochieng, E. (2013). Stakeholder engagement: Achieving sustainability in the construction sector. Sustainability,6(5), 695–710.CrossRefGoogle Scholar
Chang, R., Soebarto, V., Zhao, Z., & Zillante, G. (2016). Facilitating the transition to sustainable construction: China’s policies. Journal of Cleaner Production,131(2016), 534–544.CrossRefGoogle Scholar
Gan, X., Zuo, J., Ye, K., Skitmore, M., & Xiong, B. (2015). Why sustainable construction? Why not? An owner’s perspective. Habitat International,47(2014), 61–68.CrossRefGoogle Scholar
Jollands, S., Akroyd, C., & Sawabe, N. (2015). Core values as a management control in the construction of ‘sustainable development’. Qualitative Research in Accounting & Management,12(2), 127–152.CrossRefGoogle Scholar
Karunasena, G., Rathnayake, R. M., & Senarathne, D. (2016). Integrating sustainability concepts and value planning for sustainable construction. Built Environment Project and Asset Management,6(2), 125–138.CrossRefGoogle Scholar
Kibwami, N., & Tutesigensi, A. (2016). Enhancing sustainable construction in the building sector in Uganda. Habitat International,57(2016), 64–73.CrossRefGoogle Scholar
Mousa, A. (2015). A Business approach for transformation to sustainable construction: An implementation on a developing country. Resources, Conservation and Recycling,101(2015), 9–19.CrossRefGoogle Scholar
Noor, N. F., Kamruzzaman, S. N., & Ghaffar, N. (2015). Sustainability concern in value management: A study on government’s building project. International Journal of Current Research and Academic Review,2(2015), 72–83.Google Scholar
Oke, A. E., Aghimien, D. O., & Olatunji, S. O. (2015). Implementation of value management as an economic sustainability tool for building construction in Nigeria. International Journal of Managing Value and Supply Chains,6(4), 55–64.CrossRefGoogle Scholar
Roufechael, K. M., Abu Bakar, A. H., & Tabassi, A. A. (2015). Value management and client attitude in developing sustainable construction. Advances in Environmental Biology,9(5), 4–6.Google Scholar
Ruparathna, R., & Hewage, K. (2015). Sustainable procurement in the Canadian construction industry: current practices, drivers and opportunities. Journal of Cleaner Production,109(2015), 305–314.CrossRefGoogle Scholar
Saleh, M. S., & Alalouch, C. (2015). Towards sustainable construction in Oman: Challenges & opportunities. Procedia Engineering,118(2015), 177–184.CrossRefGoogle Scholar
Shahu, R., Pundir, A. K., & Ganapathy, L. (2012). An empirical study on flexibility: A critical uccess factor of construction projects. Global Journal of Flexible Systems Management,13(3), 123–128.CrossRefGoogle Scholar
Shen, G. Q., & Yu, A. T. (2012). Value management: Recent developments and way forward. Construction Innovation,12(3), 264–271.CrossRefGoogle Scholar
Tabish, S. Z., & Jha, K. N. (2011). Identification and evaluation of success factors for public construction projects. Construction Management and Economics,29(2011), 809–823.CrossRefGoogle Scholar
Takim, R., & Akintoye, A. (2002). Performance indicators for successful construction project performance. In D. Greenwood (Ed.), 18th Annual ARCOM Conference 2 (pp. 545–555). Northumbria: Association of Researchers in Construction Management.Google Scholar
United Kingdom. Cabinet Office. (2011). Government construction strategy. London: Cabinet Office. Retrieved November 14, 2016, from http://www.gov.uk.
Yekini, A. A., Bello, S. K. & Olaiya, K. A. (2015). Application of value engineering techniques in sustainable product and service design. Science and Engineering Perspectives, 10(Sept), 120–130.Google Scholar