Value management of construction projects

Value management evaluates alternative construction materials and systems with a view to saving money without impacting on building performance or the construction programme. It has become a well established tool in the construction industry, having been endorsed in a range of government sponsored reports. In the current economic climate, clients are increasingly looking to employ value management as a way of ensuring they generate maximum value from their investments.+ Since publication of the first edition in 2004, value management has developed significantly. The second edition retains th.

Includes index.

""Title Page""; ""Copyright""; ""Preface""; ""Glossary""; ""Part 1: Introduction and Evolution of Value Management""; ""Chapter 1: Introduction""; ""1.1 The Aims and Objectives of the Book""; ""1.2 Developments in UK Construction""; ""1.3 Developments in Value Management""; ""1.4 The Structure of the Second Edition""; ""References""; ""Chapter 2: Evolution of Value Engineering and Value Management""; ""2.1 Introduction""; ""2.2 Historical Background""; ""2.3 Definitions, Terminology and Practice â€" Phase 1: 1947 to 1963""

""2.4 Definitions, Terminology and Practice â€" Phase 2: 1963 to 1989""""2.5 Definitions, Terminology and Practice â€" Phase 3: 1989 to 2014""; ""2.6 The Project, Portfolio or Programme of Projects""; ""2.7 The 1998 International Benchmarking Study of VM and VE""; ""2.8 Standards and Procurement Guidance""; ""2.9 International Research into Value Management""; ""2.10 Implications for Value Management and Value Studies""; ""2.11 Conclusions""; ""References""; ""Part 2: The Anatomy of a Value Study""; ""Chapter 3: Value Study Styles""; ""3.1 Introduction""; ""3.2 The Inception of a Project""

""3.3 The Specification and Procurement of a Value Study""""3.4 Value S…