- Title
- Value management in government construction projects in South Africa
- Creator
- Mngeni- Nobala, Thandokazi Yvonne
- Subject
- Construction projects -- Management
- Subject
- Project management -- South Africa
- Subject
- Construction industry -- South Africa
- Subject
- Value analysis (Cost control)
- Date Issued
- 2024-04
- Date
- 2024-04
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/64673
- Identifier
- vital:73845
- Description
- The public sector construction industry aims to deliver infrastructure services to its client satisfactorily. However, the public sector is notorious for delivering projects that are over budget, finish years behind schedule, and are of poor quality. Value management is one way to address these challenges. This research aimed to examine the level of awareness and implementation of value management within the public sector and the benefits thereof. In this qualitative study, interviews were employed to gain insight into the level of awareness of value management within the public sector department in the Eastern Cape. A total of ten professionals in the public sector working for the Department of Public Works were purposively selected to be interviewed and the secondary data was sought through document analysis . The data was thematically analysed. The South African government requires a strategic change that will help improve awareness of value management in government infrastructure projects in South Africa which will pave the way for the full implementation of VM. The study found that the obstacle to adopting value management for public projects was the lack of knowledge and practice of value management. It was also found that the respondents were keen to implement value management and saw it as part of an important step in the planning stage of a project as it would save the department time and money. In order to improve the performance of construction projects, there is a need to adopt innovative ideas and solutions that will work for South African construction industry. Value management is one way to improve the performance of construction projects. VM should be considered at a strategic level in public sector departments to improve its applicability to meet client’s objectives. The major goal of the VM is to ensure that projects are delivered to the best function at the lowest total life cost achievable. The satisfaction of clients is a key factor of construction project success. Value Management strives to address problems which may arise such as budgetary constraints trying to decrease unnecessary costs towards the project but without causing changes to quality of the finished product. Value management is believed to be a cost-cutting exercise as perceived by many but the most importantly it focuses on function of an element or project. This means that the project is procured at the lowest possible cost by utilizing multiple cost control mechanisms without compromising the project's value and function. Value management has proven to be a practical management strategy for improving value for money, creating a better focus on project objectives, working toward more effective design, and identifying wasteful expenses due to unneeded design, material, labor, and machine. To optimise the usage of value management and to improve project performance, there is a need to adopt new concepts like value management that will work for the South African construction sector.
- Description
- Thesis (MSc) -- Faculty of Engineering, the Built Environment, and Technology, School of Built Environment and Civil Engineering, 2024
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (ix, 100 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Engineering, the Built Environment, and Technology
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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