The challenges and potential of value management in local construction industry

The Malaysian economy has been a star performer over the past few years and indeed is one of the most dynamic economies in Asia. In line with the expanding national economy, the construction industry has grown at a two (2) digit annual growth continuously for many years. Things have suddenly changed...

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Main Author: Che Mat, Mohd. Mazlan
Format: Article
Language:English
Published: Universiti Teknologi Malaysia 1999
Subjects:
Online Access:http://eprints.utm.my/9908/
http://eprints.utm.my/9908/1/MohdMazlanCheMat1999_TheChallengesandPotentialofValueManagement.pdf
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author Che Mat, Mohd. Mazlan
author_facet Che Mat, Mohd. Mazlan
author_sort Che Mat, Mohd. Mazlan
building UTeM Institutional Repository
collection Online Access
description The Malaysian economy has been a star performer over the past few years and indeed is one of the most dynamic economies in Asia. In line with the expanding national economy, the construction industry has grown at a two (2) digit annual growth continuously for many years. Things have suddenly changed since August, 1997. However, Malaysians need to accept the circumstances and to improve our professionalism, capabilities, competitiveness and resilience. This paper discusses the significant contribution resulting from the Value Management applications and how it can contribute to enhance those values. The paper presents Value Management methodology, its potentials and value enhancement attached to it and dispute the perception that Value Management is just another cost cutting technique. Its potential acceptance in Malaysia and construction industry in particular is no easy tasks as a lot of convincing and marketing need to be done and minimise the challenges ahead
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spelling utm-99082012-09-05T05:12:17Z http://eprints.utm.my/9908/ The challenges and potential of value management in local construction industry Che Mat, Mohd. Mazlan NA Architecture The Malaysian economy has been a star performer over the past few years and indeed is one of the most dynamic economies in Asia. In line with the expanding national economy, the construction industry has grown at a two (2) digit annual growth continuously for many years. Things have suddenly changed since August, 1997. However, Malaysians need to accept the circumstances and to improve our professionalism, capabilities, competitiveness and resilience. This paper discusses the significant contribution resulting from the Value Management applications and how it can contribute to enhance those values. The paper presents Value Management methodology, its potentials and value enhancement attached to it and dispute the perception that Value Management is just another cost cutting technique. Its potential acceptance in Malaysia and construction industry in particular is no easy tasks as a lot of convincing and marketing need to be done and minimise the challenges ahead Universiti Teknologi Malaysia 1999-05 Article PeerReviewed application/pdf en http://eprints.utm.my/9908/1/MohdMazlanCheMat1999_TheChallengesandPotentialofValueManagement.pdf Che Mat, Mohd. Mazlan (1999) The challenges and potential of value management in local construction industry. Jurnal alam bina, 2 (1). pp. 41-47. ISSN 1511-1369
spellingShingle NA Architecture
Che Mat, Mohd. Mazlan
The challenges and potential of value management in local construction industry
title The challenges and potential of value management in local construction industry
title_full The challenges and potential of value management in local construction industry
title_fullStr The challenges and potential of value management in local construction industry
title_full_unstemmed The challenges and potential of value management in local construction industry
title_short The challenges and potential of value management in local construction industry
title_sort challenges and potential of value management in local construction industry
topic NA Architecture
url http://eprints.utm.my/9908/
http://eprints.utm.my/9908/1/MohdMazlanCheMat1999_TheChallengesandPotentialofValueManagement.pdf