| dc.description.abstract |
Value Management (VM) has been widely used in the construction industry to
facilitate projects for decades in many countries around the globe. The concept began
in the US while other nations such as China, Japan, South Africa, and Nigeria have
tested its effectiveness through assessing its impacts on costs, quality, and time. A
VM application has a low cost with a high benefit process, and thus if well-practiced
and integrated into project management at the beginning of projects, it would lead to
their successful completion. It also helps in improving the value of the project by
ensuring low costs, high quality, and completion within the stipulated time frame. In
Kenya, there remains a gap in that very little has been documented about VM
application in construction projects. The study sought to evaluate and develop a
model to enhance the application of value management in construction projects in
Kenya. More specifically, the study sought to; establish the level of application of
VM in construction projects, examine the determinants that influence the level of
application of VM in construction projects,determine the relationship between the
level of application of VM in construction projects in Kenya and its determinants,
and formulate a model for enhancing the implementation of VM in construction
projects in Kenya. The study sampled registered key built environment consultants in
Kenya, who comprise of Engineers, Architects, and Quantity Surveyors. Stratified
sampling strategy was employed and data analysis was conducted using Statistical
Package for Social Sciences (SPSS). The analysis methods used in this research were
descriptive and inferential statistics. Data summaries in terms of frequencies, mean
and standard deviations were obtained under descriptive analysis. The inferential
analysis comprised of Pearson’s correlation and regression analysis which
determined the significant determinants of VM application and were used to establish
a predictive model. The study established that the level VM application was
moderate (mean=3.15, std dev=1.34). Further descriptive statistics showed that the
four determinants had a moderate performance as well; VM knowledge and
awareness (mean=3.14, std dev=0.95), Team dynamic factors (mean=2.83, std
dev=0.69), Government regulation factors (mean= 3.18, std dev=0.63), and
procurement policy factor (mean=3.68, std dev= 0.615). Pearson correlational
analysis revealed that the four predictor variables had a statistically significant
influence on VM application in construction projects in Kenya. The study made the
following recommendations; proper identification of the project teams and promoting
communication within the teams, mapping out the procurement processes, and
organizing value management training among the employees. |
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