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Value Management in the United States of America

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


Virtually every literature reviewed asserted that value management (VM) originated from the United States of America (USA). The practice has been into practice during and after World War II. There have been several implementations of VM practice in the US construction industry, and there have been manifestations in other sectors. This is just pointing the direction to how established the VM practice is rampant in this construction industry before spreading across to other countries. The introduction part of the research points to value involving planning, execution, controlling and management for the benefit of the client and concerned professionals. With the history of VM founded in the United States, the originator drafted initial procedures and stages concerned with the practice before being modified by various countries to suit their environmental needs. Early challenges were also recorded in the research, and conclusions were made on the work's general outlook.



Oke, A.E., Stephen, S.S. and Aigbavboa, C.O. (2022), "Value Management in the United States of America", Value Management Implementation in Construction, Emerald Publishing Limited, Bingley, pp. 115-123.



Emerald Publishing Limited

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