A Smart Methodology For Value Management
Authors
Citation
專業建築, no.3, 1997, pp. 44-47
Abstract
The paper considers the implementation of value management at the strategic interface between client organisations and capital projects. The ill-defined strategic problems which characterise the early stages of design will be contrasted with the well-defined technical problems which occur during the later stages. It will be further argued that the paradigm of traditional value engineering takes it for granted that design problems can be pre-determined and remain static over time. In contrast, the methodology of SMART value management recognises that it is not sufficient merely to 'achieve the required functions cost-effectively'. It is initially necessary to ensure that the key project stakeholders have developed a shared understanding of the strategic objectives. The methodology of SMART value managemant will be introduced as an approach which is both sound in its theory and practical in its implementation.
(1) Introduction
(2) Characteristics of value engineering
(3) Underlying assumptions of value engineering
(4) Value engineering V value management : the distinction defined
(a) Definiton of value engineering
(b) Definition of value management
(5) SMART value management
Description
Notes: 專業論壇
Subject
Type
Article
Format
Date
1997
Language
en