Achieving Value for Money in Capital Build Projects Contributor(s): Vodden, Angela (Author), Liyanage, Champika (Author), Akintoye, Akintola (Author) |
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ISBN: 081536119X ISBN-13: 9780815361190 Publisher: Routledge OUR PRICE: $190.00 Product Type: Hardcover - Other Formats Published: September 2019 |
Additional Information |
BISAC Categories: - Architecture | Professional Practice - Business & Economics | Infrastructure - Technology & Engineering | Construction - General |
Dewey: 624.068 |
Series: Spon Research |
Physical Information: 0.6" H x 6.3" W x 9.4" (0.83 lbs) 130 pages |
Descriptions, Reviews, Etc. |
Publisher Description: This book is the first to bring together academic and practitioner views of Value for Money (VFM). VFM has been used to assess whether or not an organisation has obtained the maximum benefit within the resources available to it. A concept used by the public sector to assess the benefits of major built environment projects, it has become a major tenet of public private partnerships, capital project infrastructure and civil engineering megaprojects. This book presents and discusses the various debates surrounding the concept of Value for Money. It provides an international perspective on VFM by drawing upon the existing and fast developing body of principles and practices for Capital Build Projects. Readers will gain a level of understanding of the issues involved, the challenges, opportunities and the support mechanisms and protocols required for implementation of VFM in capital building development. Ultimately, the book presents a protocol that has been developed to track and monitor the VFM of a capital project from day 1, an Equilibrium Testing Mechanism (ETM) developed by the authors. This testing mechanism allows each of the parties to a project to monitor their VFM position at any given stage of a project from the beginning to the end of the build stage and beyond as necessary. This book is both a useful reference for researchers and a practical guide for the construction and engineering industry. |