Application of value management methodologies to project selection in Nigerian construction industry

Abstract: Previous researchers have proposed that efficient project selection is one of the critical factors that determine project success. Current realities indicate that end users do not accept certain projects despite attempts by these projects at meeting targets of quality, cost and time. Such is the case of certain government-sponsored projects in Nigeria which gets abandoned or fail to attain full utilization. Policy makers assume they know what the people need without consulting them. The value question is hardly adequately answered and agreed upon across the spectrum of stakeholders. The senario above created the need for this research which explores how value management methodologies can be applied to project selection processes in Nigeria. The study adopts mainly the review of literature of value management. The findings showed that a more inclusive, benefits-oriented, value-laden project selection process will lead to a decrease in unused and underutilized public projects in Nigeria. Hence, improving end user satisfaction. This supports the position of established literature and scholarly position in the field of value management which emphasized team oriented, stakeholders inclusive process