Adoption of value management in design and build housing projects : a case study of CTD contractor | |
| Author | Nguyen Minh Ngoc |
| Call Number | AIT Proj. no.MPM-CM-24-10 |
| Subject(s) | Construction projects--Cost control--Vietnam--Case studies Organizational effectiveness--Vietnam--Case studies |
| Note | A project submitted in partial fulfillment of the requirements for the degree of Master of Engineering (Professional) in Construction Engineering and Infrastructure Management |
| Publisher | Asian Institute of Technology |
| Abstract | In recent years, value management becomes more and more essential methodology used to increase project value within existing parameters and specifications in Vietnam’s construction industry. It is one of the modern methods of analysis and approach in the context of the construction industry in Vietnam, which has made great strides in development, requiring increasingly improved technical services, value management now has been researched, applied and turned into a competitive tool in terms of capacity and cost optimization by many large construction companies. The value management in design & build housing project applied for a Vietnamese’s General Contractor is a long process in accordance with the requirements of specific project, taking through a project life cycle since design stage to tender stage until construction stage and operation and maintenance stage. This study investigates the application and impact of value management within design and build housing projects in Vietnam, using a case study of a prominent local contractor. While the construction industry is being faced with increasing pressure to enhance efficiency, reduce costs, and deliver improved quality, value management has emerged as a critical approach. Through a detailed case study analysis, the research examines the methodologies employed by the contractor to incorporate value management principles throughout the project lifecycle. Besides, several recommendations from this study will be helpful for Contractors to improve adoption of value management practices effectively. |
| Year | 2024 |
| Type | Project |
| School | School of Engineering and Technology |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (Professional Master) (MPM-CM) |
| Chairperson(s) | Hadikusumo, Bonaventura H. W.;Sakul Pochanart (Co-chairperson) |
| Examination Committee(s) | Santi Charoenpornpattana;Wasan Teerajetgul |
| Degree | Project (M. Eng.) - Asian Institute of Technology, 2024 |