Current State of Value Management Implementations in Malaysian Public Projects

Article Sidebar

pdf
Issue
Vol. 3 No. 8 (2018): May / Jun
Published: May 22, 2018
DOI: https://doi.org/10.21834/aje-bs.v3i8.280
Keywords:
Value Management, VM Workshop Environment, VM Participants' Behaviour, VM Future Growth,
Crossref
Scopus
Google Scholar
Europe PMC

Main Article Content

Aini Jaapar
Faculty of Architecture, Planning and Surveying, Universiti Teknologi MARA, Malaysia
Nur Amani Maznan
Faculty of Architecture, Planning and Surveying, Universiti Teknologi MARA, Malaysia
Mardhiah Zawawi
Faculty of Civil and Environmental Engineering, Universiti Tun Hussein Onn, Johor, Malaysia

Abstract

In Malaysia, Jaapar (2006) stated that Value Management (VM) is still at the early stage of its evolution. Despite its infancy stage, the authorisation of VM Circular 3/2009 by Economic Planning Unit (EPU) has made all public projects exceeding RM50 million to implement the VM studies. There are three objectives to be achieved in this research. The objectives are to identify the VM participants' receptiveness towards the VM implementation in a workshop environment setting, to observe the VM manual application in the VM workshop and to discover the challenges faced by the VM participants and facilitators.

Article Details

How to Cite
[1]
Jaapar, A., Maznan, N.A. and Zawawi, M. 2018. Current State of Value Management Implementations in Malaysian Public Projects. Asian Journal of Environment-Behaviour Studies. 3, 8 (May 2018), 71–78. DOI:https://doi.org/10.21834/aje-bs.v3i8.280.

License

Copyright (c) 2018 Aini Jaapar, Nur Amani Maznan, Mardhiah Zawawi

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

References

Ahmad, N. (2011). Keynote Speaker for Value Management Seminar, Economic Planning Unit of Prime Minister Department, Putrajaya International Convention Center. 24 May 2011.

Economic Planning Unit Malaysia (2009). Garis Panduan Pelaksanaan Pengurusan Nilai (Value Management).

Economic Planning Unit Malaysia (2011). Panduan Pelaksanaan Pengurusan Nilai (Value Management) dalam Program/Projek Kerajaan.

Hayles, C. S., Graham, M. & Fong, P. W. S. (2010). “Value Management as a framework for embedding sustainable decision making”, Proceedings of ICE – Municipal Engineer, Vol. 163 No. 1, 43-50.

Jaapar, A. (2006). The application of value management in the Malaysian construction industry and development or prototype value management guidelines. Unpublished PhD Thesis. UiTM Shah Alam.

Jaapar, A. et al. (2012). Value Management in the Malaysian Construction Industry: Addressing a Theory and Practice Gap. Procedia-Social and Behavioral Sciences, 757-763.

Kelly, et al. (2004). Value Management of Construction Projects. Oxford: Blackwell Science Ltd..

Miles L. D. (1972). Technique of Value Analysis and Engineering, 2nd ed.

New York: The Mac Graw Hill.

Mugabe, J. et. al (2000). Capacity development initiative. Country Capacity Development Needs and Priorities – Regional Report for Africa. GEF UNDP Strategic Partnership.

Perera. S., Hayles, C. S. & Kerlin, S. (2011). An analysis of value management in practice: The case of Northern Ireland’s construction industry. Journal of Financial Management of Property and Construction, Vol. 16 No. 2, 94-110.

Society of American Value Engineers (2008). What is value engineering? Avaiworkshople: http://www.value-eng.org/ (Accessed: February 25th, 2012).

The Institute of Value Management (2008). What is Value Management? Avaiworkshople: http://www.ivm.org.uk/what_vm.htm (Accessed: February 25th, 2012).

Virji, H., Padgham, J., & Seipt, C. (2012). Capacity building to support knowledge systems for resilient development – approaches, actions, and needs. Current Opinion in Environmental Sustainability, 4: 115-121.