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1 – 10 of over 115000
Article
Publication date: 16 July 2024

Huimin Li, Zhichao Zhao, Yongchao Cao, Limin Su, Jing Zhao and Yafei Zhang

Servitization and research and development (R&D) innovation provide new developmental opportunities for transformation in the construction industry. This study aims to explore the…

Abstract

Purpose

Servitization and research and development (R&D) innovation provide new developmental opportunities for transformation in the construction industry. This study aims to explore the transformative impact of servitization and R&D innovation on the value added of the construction industry, offering new insights into industry transformation and growth.

Design/methodology/approach

This study utilizes panel data from Chinese listed construction companies from 2014 to 2022 to empirically investigate the relationship among servitization, R&D innovation and value added in the construction industry. The data analysis is augmented by incorporating text mining techniques to rigorously investigate the interplay among servitization, R&D innovation and the value added within the construction industry.

Findings

The research findings indicate that the impact of servitization on value added follows a positive U-shaped relationship, while the influence of R&D innovation on value added exhibits an inverted U-shaped relationship. Additionally, innovation investment plays a negative moderating role in the relationship between servitization and value added.

Originality/value

This study reveals a fresh perspective on how construction companies can leverage servitization as a strategic pathway for transformation and competitive advantage. The research alsoĀ lays a theoretical groundwork for future innovation investment strategies in the construction industry, emphasizing the need for a balanced approach to innovation investments to maximize value added.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Book part
Publication date: 24 February 2022

Ayodeji E. Oke, Seyi S. Stephen and Clinton O. Aigbavboa

Existing studies relating to value management in developing countries reveals that the Nigerian construction industry is also facing the challenge of not fully adopting value

Abstract

Existing studies relating to value management in developing countries reveals that the Nigerian construction industry is also facing the challenge of not fully adopting value management practice into construction, let alone other sectors of the system. The introduction gives the correlation between sustainability and value management as techniques vital to the development of construction in Nigeria. The relative importance of value management is said to give an overview of the new advantages the practice brings to parties involved in an identified project concerned with using value management. Requirements, challenges and behavioural elements pertaining to value management in the Nigerian construction industry summarize the concerns with the application of value management in the country. The conclusion gives a general summary of the elements highlighted throughout this research.

Book part
Publication date: 24 February 2022

Ayodeji E. Oke, Seyi S. Stephen and Clinton O. Aigbavboa

Culture is a big influence in the United Arab Emirates (UAE). The presence of culture and related social practices influences the nature and types of demands from the clients of…

Abstract

Culture is a big influence in the United Arab Emirates (UAE). The presence of culture and related social practices influences the nature and types of demands from the clients of construction projects. Value management (VM) introduced into this construction industry had to break barriers facing the full adoption of the practice. The introductory aspect of the work explains the growth of the construction industry in the UAE over the years. Sustainability and construction were also discussed to understand the influence of both and the utility to be derived with time. Another part of the work speaks on how to improve the practice of VM in UAE construction by suggesting ideas in the design and construction stages. The effect of environment and the cultural aspect of the people, clients, professionals and so on conclude the later part of the work.

Details

Value Management Implementation in Construction
Type: Book
ISBN: 978-1-80262-407-6

Keywords

Article
Publication date: 2 April 2019

Emmanuel Itodo Daniel and Christine Pasquire

The purpose of this paper is to present the current knowledge surrounding social value (SV) and show how lean approach supports SV realisation in the delivery of construction

2026

Abstract

Purpose

The purpose of this paper is to present the current knowledge surrounding social value (SV) and show how lean approach supports SV realisation in the delivery of construction projects.

Design/methodology/approach

A critical literature review was adopted, to gather the current knowledge surrounding SV from mainstream management sciences, construction management and lean literature. A total of 70 studies were critically reviewed.

Findings

The study establishes that the current level of awareness on SV is still low and there is a dearth of scholarly publications on SV especially in the construction management literature. The investigation reveals the potentials of lean approach in supporting the delivery of SV on construction projects.

Social implications

This study conceptualises the community and the physical environment around where the construction project is executed as customers using lean production approach. It shows that the transformation, flow and value view supports smooth workflow, which enhances the achievement of SV objectives. This creates a new insight into how SV can be realised in construction project delivery.

Originality/value

This study extends the on-going debate around the need for SV in construction project delivery and contributes to construction management and lean construction literature on SV. Future studies could build on this to obtain empirical data and develop an approach/method that would support the evidencing of SV delivery on construction projects.

Details

Engineering, Construction and Architectural Management, vol. 26 no. 6
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 13 July 2017

Sadegh Aliakbarlou, Suzanne Wilkinson and Seosamh Benedict Costello

The purpose of this paper is to focus on exploring the construction client values and qualities reported by scholars over the last 20 years, along with clarifying commonalities…

1340

Abstract

Purpose

The purpose of this paper is to focus on exploring the construction client values and qualities reported by scholars over the last 20 years, along with clarifying commonalities and differences between ā€œvalueā€ and ā€œqualityā€ in terms of definitions and their constituent attributes in the context of construction.

Design/methodology/approach

An in-depth, systematic literature review was used to develop a basis for identifying client values and qualities. During the research process, citation analysis has been applied to understand these attributes in the literature.

Findings

While the findings may appear to align with the value theory concept of a strong interrelationship between quality and value, the authors argue that there is an intermingling of various subjective and objective preferences within construction scholarship, rather than a broad-brush adherence to the value theory and other related theories.

Research limitations/implications

A qualitative research approach of inductive analysis was conducted using the semantics of terms and codes. Although reliability checks have been conducted, the generalisability of the study findings is subject to natural methodological limitations.

Practical implications

This study provides initial guidance on what contractors need to consider while providing services, and leads contractors to give their clients the best possible experience during a relationship. It proposes a shift in the way construction clients assess their contractors, to improve how services are delivered.

Originality/value

Enhancing client value is not straightforward, hence strong emphasis has been placed on understanding client values in this study, which contributes to the construction literature by facilitating further research leading to stronger construct definitions and theory-building efforts.

Details

Built Environment Project and Asset Management, vol. 7 no. 3
Type: Research Article
ISSN: 2044-124X

Keywords

Article
Publication date: 6 October 2020

Ayman Ahmed Ezzat Othman and Lamis Yasser Wagih Youssef

This paper aims to develop a framework for implementing the integrated project delivery (IPD) approach during the design process in architecture design firms (ADFs) in Egypt.

Abstract

Purpose

This paper aims to develop a framework for implementing the integrated project delivery (IPD) approach during the design process in architecture design firms (ADFs) in Egypt.

Design/methodology/approach

A research methodology consists of literature review, case studies and survey questionnaire was designed to achieve the abovementioned aim. First, literature review was used to identify and categorise the challenges of implementing IPD during the design process. Second, four case studies were analysed to investigate the values delivered to the client or missed due to the use of IPD or traditional procurement approaches, respectively. Finally, a survey questionnaire was carried out with a representative sample of ADFs in Egypt to investigate their perception towards the challenges of IPD implementation in Egypt. Based on the results of the above, the research developed a framework to facilitate the implementation of IPD in ADFs in Egypt.

Findings

Through literature review, the research identified 30 challenges that hamper the implementation of IPD in ADFs. These challenges were categorised due to their nature into five groups, namely, integration, cooperation, commitment and trust challenges, knowledge, experience skills and decision-making challenges, cultural challenges, legal and contractual challenges and technical and financial challenges. Results of data analysis showed that ā€œpoor communication and spirit of collaboration between project stakeholdersā€ was ranked the highest influential challenge as IPD is based on collaboration and trust between project participants. In addition, ā€œlack of training and motivation in investing for using IPDā€ was ranked the lowest influential challenge due to the poor attention paid to training in the construction industry. Moreover, despite the benefits of IPD implementations in many countries worldwide, it is not implemented in the Egyptian context. This necessitated taking action towards developing a framework to facilitate IPD implementation in ADFs in Egypt.

Research limitations/implications

The research focussed on ADFs in Egypt.

Practical implications

Adopting the proposed framework developed through this research will help implementing IPD during the design process in ADFs.

Originality/value

The research identified, categorised and analysed the challenges that obstruct the implementation of IPD in ADFs. The research tackled a topic that received scant attention in construction literature in the Middle East generally and Egypt in particular. In addition, this paper presented a framework to facilitate the implementation of IPD during the design process, which represents a synthesis that is novel and creative in thought and adds value to the knowledge in a manner that has not previously occurred.

Article
Publication date: 19 April 2011

Salinda Perera, Steven Davis and Marton Marosszeky

Value in construction is defined in so many ways and used to mean many different things, often linked to cost, time, objectives and customers that there exists no concise and…

1218

Abstract

Purpose

Value in construction is defined in so many ways and used to mean many different things, often linked to cost, time, objectives and customers that there exists no concise and complete description of what constitutes value within a construction context. Hence, the purpose of this paper is to study the current perceptions of value by the construction players and compare with emerging theories of value in the literature.

Design/methodology/approach

Empirical evidence of prevailing perceptions of value within the support role provided by the head contractor (HC) to the subcontractors (SCs) is presented based on two years of action research on six construction sites in Sydney, Australia.

Findings

The results show that value management during the construction phase is currently understood as intrinsic to other HC functions. The paper presents a list of activities identified by HCs and SCs as key support services to be performed by the HC to enable efficient progression of construction.

Research limitations/implications

There are limitations in generalising the outcomes of this study to the construction industry. Further research is required in advancing the role of the HC in overall construction organisation.

Originality/value

This paper adds value in advancing the role of the HC in construction. Empirical evidence of valueā€based management closely following the current perceptions of the construction players compared to managing value as a separate function is presented.

Details

Journal of Financial Management of Property and Construction, vol. 16 no. 1
Type: Research Article
ISSN: 1366-4387

Keywords

Book part
Publication date: 19 October 2022

Ayodeji E. Oke

Application of sustainable construction is highly important in achieving construction project goal as well as reducing energy consumption and waste. In view of this, value is a…

Abstract

Application of sustainable construction is highly important in achieving construction project goal as well as reducing energy consumption and waste. In view of this, value is a critical aspect of construction project delivery, and in as much as value is more than just money in construction, this chapter addresses value as one of the paramount factors that determine project success in the construction industry. It explained the concept of sustainable construction from value point of view, the meaning and concept of value and its essentiality in the construction industry.

Details

Measures of Sustainable Construction Projects Performance
Type: Book
ISBN: 978-1-80382-998-2

Keywords

Article
Publication date: 1 April 1986

Masudul Alam Choudhury

Our main objective in this article is to discuss the problems of construction labour market stabilisation in the context of technological change. To study this topic the article…

Abstract

Our main objective in this article is to discuss the problems of construction labour market stabilisation in the context of technological change. To study this topic the article is divided into two parts. In the first part there is an analysis of the existing features of the construction labour market in Canada and the Province of Newfoundland and Labrador, in the light of economic stabilisation and technological change. In the second part an econometric model for the construction labour market in the Province of Newfoundland and Labrador is developed and estimated. The statistical results are analysed in the light of achieving economic stabilisation with an equally capitalā€labour augmenting type of technological change.

Details

International Journal of Manpower, vol. 7 no. 4
Type: Research Article
ISSN: 0143-7720

Article
Publication date: 7 June 2021

Brandsford Kwame Gidigah, Kofi Agyekum and Bernard K. Baiden

Though the Public Procurement Act of Ghana makes room for specific socio-economic policies (environmental, social, economic and other policies which are intended to promote social…

1675

Abstract

Purpose

Though the Public Procurement Act of Ghana makes room for specific socio-economic policies (environmental, social, economic and other policies which are intended to promote social and economic impact), there is no explicit definition and provision for social value as an evaluation criterion, culminating in the absence of a definition in the Act. This paper elicits the conception and understanding of social value from stakeholders in the Ghanaian construction industry.

Design/methodology/approach

The study adopted a qualitative method that relied on a semi-structured interview of 30 participants purposively drawn from Western, Western North and Central regions of Ghana. An inductive thematic analysis approach, which involved identifying repetitions, exploring similarities and differences, noting linguistic connectors, and a framework were employed to analyse the data.

Findings

The study established no single definition or explanation for social value in the construction industry in Ghana. However, it was revealed from the study that the concept of social value could be defined from the functional perspective of the definer, particularly from the perspective of a Procurement Officer, Works Engineer, and a Quantity Surveyor. A new insight from the study that differs from the body of literature is that participants equated benefits derived from physically constructed projects as social value.

Social implications

The study has implication for public administration and practice regarding the decision-making process in the construction industry in Ghana. It provides a vital awakening on social value as a criterion in evaluating construction works procurement in Ghana. The ability of participants to equate the benefits derived from executed construction projects as social value creates a new perspective on understanding the meaning of social value in the procurement of works construction.

Originality/value

The study contributes to the state-of-the-art and ongoing discourse on the concept of social value globally. The findings create an important catalyst for social value research in the Ghanaian construction industry.

Details

Engineering, Construction and Architectural Management, vol. 29 no. 6
Type: Research Article
ISSN: 0969-9988

Keywords

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