A Comprehensive Review of Scholarly Research on Value Methodology in Construction

Zuhaili Moahamd Ramly, Qiping Shen, Tit Wan Yu, Zhao Yuan

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

1 Citation (Scopus)

Abstract

Since the introduction of value methodology (VM) into the construction industry, VM has gained popularity among both industrial and academic professionals. VM has been applied by various stakeholders at different levels of project development with different tools in attaining value for money, supported by academic research into this management approach and its applications. However, there is little research work analysing the development of scholarly research in the field of VM in construction. This paper presents the findings of a comprehensive review of 45 papers published between January 1993 and March 2013. Content analysis was carried out on papers published in top academic journals in the area of construction engineering and management. The findings revealed that the majority of research works have focused on the applications of VM, with less attention given to the aspect of theory development to support the applications in the future. It is recommended that scholars should explore this niche area, focusing on theory development and its applications of VM in the construction industry.
Original languageEnglish
Title of host publicationICCREM 2013
Subtitle of host publicationConstruction and Operation in the Context of Sustainability - Proceedings of the 2013 International Conference on Construction and Real Estate Management
Pages99-112
Number of pages14
DOIs
Publication statusPublished - 11 Dec 2013
Event2013 International Conference on Construction and Real Estate Management: Construction and Operation in the Context of Sustainability, ICCREM 2013 - Karlsruhe, Germany
Duration: 10 Oct 201311 Oct 2013

Conference

Conference2013 International Conference on Construction and Real Estate Management: Construction and Operation in the Context of Sustainability, ICCREM 2013
CountryGermany
CityKarlsruhe
Period10/10/1311/10/13

ASJC Scopus subject areas

  • Civil and Structural Engineering
  • Building and Construction

Cite this