Adoption of value management in owner's factory development projects : a case study of the industrial factory project | |
| Author | Nguyen Hoang Kiet |
| Call Number | AIT Proj. no.MPM-CM-24-11 |
| Subject(s) | Project management--Vietnam--Case studies Factory management--Vietnam--Case studies Value analysis (Cost control) |
| 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 | Nowadays, the dynamic and competitive nature of Vietnam's factory-for-lease market necessitates innovative approaches to project management. Value Management (VM) emerges as a compelling solution by offering a structured framework to optimize project outcomes. Through a keen focus on cost reduction, enhanced quality, and customer satisfaction, VM aligns perfectly with the industry's demands. Moreover, its ability to adapt to rapidly changing market conditions and mitigate risks makes it an indispensable tool for ensuring project success. By this reason, value management in factory project is an attractive topic to analyze and adoption in fact. Value Management in factory projects aims to optimize resource allocation, eliminate waste, enhance quality, and ultimately deliver maximum value for the investment. By focusing on these objectives, organizations can streamline processes, reduce costs, and create facilities that meet the specific needs of their occupants while ensuring a strong return on investment. The research focus on SCTN factory project, has been started at 08/2024 and may be finished at 01/2025. This project is used for determine the results of value management and evaluate the effectiveness of it on the value of project. Besides that, this study in this thesis also analyzes the process for implementing value management in construction project. This research aims to contribute to the body of knowledge on Value Management (VM) implementation in the Vietnamese factory-for-lease sector by examining the Song Cong Factory project. The study will provide insights into the effectiveness of VM in optimizing project outcomes, reducing costs, and enhancing value creation. |
| 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 |