Value Engineering in Construction Between Theory and Practice

Value Engineering as a methodology or a process aiming to optimize performance and minimize cost and resources has proven success in the industrial sector which inspired other sectors to adopt it. One of these sectors that adopted this methodology is the construction sector. The objectives of this thesis are to evaluate the magnitude of implementation of Value Engineering in construction in different countries, evaluate its success, effectiveness, and success criteria, examine the challenges and hindering factors for its implementation specifically in developing countries and establish some guidelines for the successful implementation in these countries. While these objectives were dealt with separately in different researches previously, this research aim to provide a more comprehensive understanding, and to act as a guide for construction professionals, graduates and post graduates who do not have in depth knowledge of Value Engineering but are interested in improving their knowledge. To achieve these objectives some vital questions related to the application of Value Engineering or Value Management in the construction industry need to be addressed. These research questions are: what is value engineering? What is the relation between value engineering and sustainability? How far value engineering is currently involved in the construction industry? What is the role of value engineering in different phases of construction? what can be done to improve the role of value engineering in construction? What are the new technologies, techniques and methodologies that are already used? and to what extent? And are there more that can be used to improve the value in construction? What is the relation between organizational structure and value engineering? The methodology was to use abductive approach to analyse secondary data and primary data to less extent, where these data were sorted in multiple case studies style, the was cross checked to conclude findings and recommendations. The Recommendation