Key performance indicators for value management implementation in construction industry

Today, Value Management (VM) is an approach that has been widely used by various industries in managing their projects or programs to get the best value. In reaping the advantages of the VM implementation, Malaysia is no exception to implement the VM in construction projects, especially for projects...

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Main Author:	Abd. Kadir, Muhammad Adam
Format:	Thesis
Language:	English
Published:	2013
Subjects:	TA Engineering (General) Civil engineering (General)
Online Access:	http://eprints.utm.my/id/eprint/81573/1/MuhammadAdamAbdMFKA2013.pdf
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id	my-utm-ep.81573
record_format	uketd_dc
spelling	my-utm-ep.815732019-09-10T01:41:05Z Key performance indicators for value management implementation in construction industry 2013 Abd. Kadir, Muhammad Adam TA Engineering (General). Civil engineering (General) Today, Value Management (VM) is an approach that has been widely used by various industries in managing their projects or programs to get the best value. In reaping the advantages of the VM implementation, Malaysia is no exception to implement the VM in construction projects, especially for projects carried out by the government. Therefore, the implementation should be implemented properly so that the implementation objectives can be achieved. To ensure the implementation of the VM is implemented well, the performance of its implementation should be measured. Various methods have been introduced to measure the performance of the work and one of them is the implementation of the Key Performance Indicators (KPIs). KPIs implementation has been widely used in measuring the performance of a project or work processes. Due to this reason, research is conducted to identify the trends of VM implementation in the construction industry in Malaysia, and then formulate the KPIs to measure the performance of its implementation. To achieve that purpose, a set of 187 questionnaires were distributed to the selected respondents to get their opinion on the VM and the implementation of KPIs to measure the performance of the VM in the Malaysian construction industry. The frequency analysis and average index showed that all 47 of the proposed have been agreed by the respondents. However, the obtained results are merely meant as a guide to identify KPIs for the implementation of VM in the Malaysian construction industry. The selection and screening of these KPIs should be conducted again to see the interest of each KPI in the projects undertaken 2013 Thesis http://eprints.utm.my/id/eprint/81573/ http://eprints.utm.my/id/eprint/81573/1/MuhammadAdamAbdMFKA2013.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:119038 masters Universiti Teknologi Malaysia Civil Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	TA Engineering (General) Civil engineering (General)
spellingShingle	TA Engineering (General) Civil engineering (General) Abd. Kadir, Muhammad Adam Key performance indicators for value management implementation in construction industry
description	Today, Value Management (VM) is an approach that has been widely used by various industries in managing their projects or programs to get the best value. In reaping the advantages of the VM implementation, Malaysia is no exception to implement the VM in construction projects, especially for projects carried out by the government. Therefore, the implementation should be implemented properly so that the implementation objectives can be achieved. To ensure the implementation of the VM is implemented well, the performance of its implementation should be measured. Various methods have been introduced to measure the performance of the work and one of them is the implementation of the Key Performance Indicators (KPIs). KPIs implementation has been widely used in measuring the performance of a project or work processes. Due to this reason, research is conducted to identify the trends of VM implementation in the construction industry in Malaysia, and then formulate the KPIs to measure the performance of its implementation. To achieve that purpose, a set of 187 questionnaires were distributed to the selected respondents to get their opinion on the VM and the implementation of KPIs to measure the performance of the VM in the Malaysian construction industry. The frequency analysis and average index showed that all 47 of the proposed have been agreed by the respondents. However, the obtained results are merely meant as a guide to identify KPIs for the implementation of VM in the Malaysian construction industry. The selection and screening of these KPIs should be conducted again to see the interest of each KPI in the projects undertaken
format	Thesis
qualification_level	Master's degree
author	Abd. Kadir, Muhammad Adam
author_facet	Abd. Kadir, Muhammad Adam
author_sort	Abd. Kadir, Muhammad Adam
title	Key performance indicators for value management implementation in construction industry
title_short	Key performance indicators for value management implementation in construction industry
title_full	Key performance indicators for value management implementation in construction industry
title_fullStr	Key performance indicators for value management implementation in construction industry
title_full_unstemmed	Key performance indicators for value management implementation in construction industry
title_sort	key performance indicators for value management implementation in construction industry
granting_institution	Universiti Teknologi Malaysia
granting_department	Civil Engineering
publishDate	2013
url	http://eprints.utm.my/id/eprint/81573/1/MuhammadAdamAbdMFKA2013.pdf
_version_	1747818361508593664

Key performance indicators for value management implementation in construction industry

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