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Status of value management implementation in small and medium construction projects in Malaysia

Value management (VM) should be implemented in construction projects to achieve the best value-for-money for clients, irrespective of project size. However, its regular implementation in Malaysia appears mostly in large projects driven by legislation. Negligence was therefore aroused towards impleme...

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Main Authors: Lin, Xiaobin, Mazlan, Ain Naadia, Ismail, Syuhaida, Urdyev, Serdar
Format: Article
Language:English
Published: MDPI 2022
Subjects:
TA Engineering (General). Civil engineering (General)
Online Access:http://eprints.utm.my/id/eprint/101276/1/AinNaadiaMazlan2022_StatusofValueManagementImplementationinSmall.pdf
http://eprints.utm.my/id/eprint/101276/
http://dx.doi.org/10.3390/buildings12050658
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spelling my.utm.1012762023-06-08T08:24:41Z http://eprints.utm.my/id/eprint/101276/ Status of value management implementation in small and medium construction projects in Malaysia Lin, Xiaobin Mazlan, Ain Naadia Ismail, Syuhaida Urdyev, Serdar TA Engineering (General). Civil engineering (General) Value management (VM) should be implemented in construction projects to achieve the best value-for-money for clients, irrespective of project size. However, its regular implementation in Malaysia appears mostly in large projects driven by legislation. Negligence was therefore aroused towards implementing VM for smaller projects and the specific status remains ambiguous to date. This paper aims to investigate the current status of VM implementation in small and medium construction projects in Malaysia with a view to exploring the challenges and measures in improving the status. A total of 162 construction organizations directly involved in small and medium projects were surveyed using a structured questionnaire. The findings revealed that the execution of VM by organizations for smaller construction projects is relatively low and significantly subject to project size regardless of project type. Practitioners’ levels of frequency and awareness towards implementing VM in small and medium construction projects remain low and unsatisfactory. Also, VM implementation in smaller projects was found significantly correlated with the experience of organizations and practitioners. Challenges and measures in ameliorating the observed status were explored. The findings contribute to a clear understanding of VM in small and medium construction projects in Malaysia and call for more attention from both academia and industry on VM for smaller sizes of projects. MDPI 2022 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/101276/1/AinNaadiaMazlan2022_StatusofValueManagementImplementationinSmall.pdf Lin, Xiaobin and Mazlan, Ain Naadia and Ismail, Syuhaida and Urdyev, Serdar (2022) Status of value management implementation in small and medium construction projects in Malaysia. Buildings, 12 (5). pp. 1-14. ISSN 2075-5309 http://dx.doi.org/10.3390/buildings12050658 DOI : 10.3390/buildings12050658
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic TA Engineering (General). Civil engineering (General)
spellingShingle TA Engineering (General). Civil engineering (General)
Lin, Xiaobin
Mazlan, Ain Naadia
Ismail, Syuhaida
Urdyev, Serdar
Status of value management implementation in small and medium construction projects in Malaysia
description Value management (VM) should be implemented in construction projects to achieve the best value-for-money for clients, irrespective of project size. However, its regular implementation in Malaysia appears mostly in large projects driven by legislation. Negligence was therefore aroused towards implementing VM for smaller projects and the specific status remains ambiguous to date. This paper aims to investigate the current status of VM implementation in small and medium construction projects in Malaysia with a view to exploring the challenges and measures in improving the status. A total of 162 construction organizations directly involved in small and medium projects were surveyed using a structured questionnaire. The findings revealed that the execution of VM by organizations for smaller construction projects is relatively low and significantly subject to project size regardless of project type. Practitioners’ levels of frequency and awareness towards implementing VM in small and medium construction projects remain low and unsatisfactory. Also, VM implementation in smaller projects was found significantly correlated with the experience of organizations and practitioners. Challenges and measures in ameliorating the observed status were explored. The findings contribute to a clear understanding of VM in small and medium construction projects in Malaysia and call for more attention from both academia and industry on VM for smaller sizes of projects.
format Article
author Lin, Xiaobin
Mazlan, Ain Naadia
Ismail, Syuhaida
Urdyev, Serdar
author_facet Lin, Xiaobin
Mazlan, Ain Naadia
Ismail, Syuhaida
Urdyev, Serdar
author_sort Lin, Xiaobin
title Status of value management implementation in small and medium construction projects in Malaysia
title_short Status of value management implementation in small and medium construction projects in Malaysia
title_full Status of value management implementation in small and medium construction projects in Malaysia
title_fullStr Status of value management implementation in small and medium construction projects in Malaysia
title_full_unstemmed Status of value management implementation in small and medium construction projects in Malaysia
title_sort status of value management implementation in small and medium construction projects in malaysia
publisher MDPI
publishDate 2022
url http://eprints.utm.my/id/eprint/101276/1/AinNaadiaMazlan2022_StatusofValueManagementImplementationinSmall.pdf
http://eprints.utm.my/id/eprint/101276/
http://dx.doi.org/10.3390/buildings12050658
_version_ 1769842031003172864
score 13.211869

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