Value management / value engineering (VM/VE) application in Malaysian public construction projects: application of VM/VE study improved roads project sustainability

10th Malaysian Road Conference & Exhibition 2018

工业技术（总论）

Latif, Mukhzani Abd^1 ; Ghazali, Zawidatul Asma^1

Value Management Unit, Public Works Department Malaysia, Kuala Lumpur

50400, Malaysia^1

关键词: Malaysian governments;    Project development;    Project sustainability;    Public construction projects;    Public works department;    Sustainability criteria;    Value for monies;    Value management;   

Others  :  https://iopscience.iop.org/article/10.1088/1757-899X/512/1/012046/pdf
DOI  :  10.1088/1757-899X/512/1/012046

学科分类：工业工程学

来源: IOP

【 摘 要 】

The application of Value Management/Value Engineering (VM/VE) in project development has a significant impact on the sustainability of a project. There is a relationship established between VM/VE methodology/process with the sustainability concept, which enables to enhance and achieve the intended project values. As such, to ensure value for money projects, the Malaysian Government has introduced the application of VM/VE in the development of public projects. Public Works Department (PWD) Malaysia is the organization responsible for VE application in public project development. In relation to sustainability, PWD has developed a sustainable rating tool known as Penarafan Hijau JKR (pH JKR) as a mean to determine the sustainability level of projects. This paper elucidates the relationship of the application of VM/VE towards sustainability of road projects by using selected VE case studies. Verification was done between the findings of VE for the selected case studies with the sustainability criteria of pH. It shows a significant result whereby VE findings improved the sustainability of road projects. It also provides evidence that the application of VE contributes to the sustainability of the project.