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Value Management in England

Ayodeji E. Oke (University of Johannesburg, South Africa)
Seyi S. Stephen (Federal University of Technology Akure, Nigeria)
Clinton O. Aigbavboa (University of Johannesburg, South Africa)

Value Management Implementation in Construction

ISBN: 978-1-80262-408-3, eISBN: 978-1-80262-407-6

Publication date: 24 February 2022

Abstract

Value management (VM)'s introduction into construction practices has been debated over the years, with different researchers coming up with definitions to satisfy the desired outcome, getting the value for the project and satisfying the client with the lowest possible cost in project execution. The construction industry in England had been introduced to VM practice for a very long time. It is believed that if constructions in the country could follow the laid-down features of VM, the construction sector would develop to a summit beyond profoundness. The historical fact of how VM was introduced into England and the United Kingdom (UK) was discussed as part of the chapters of this research work. Other chapters of the work focus on VM definitions, metamorphosis of the practice, features that make up the practice, its application and resources needed to carry out VM. This chapter is summarized in the concluding part to give a brief overview of the project work.

Keywords

Citation

Oke, A.E., Stephen, S.S. and Aigbavboa, C.O. (2022), "Value Management in England", Value Management Implementation in Construction, Emerald Publishing Limited, Leeds, pp. 109-114. https://doi.org/10.1108/978-1-80262-407-620221008

Publisher

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Emerald Publishing Limited

Copyright © 2022 Ayodeji E. Oke, Seyi S. Stephen and Clinton O. Aigbavboa. Published under exclusive licence by Emerald Publishing Limited