THE APPLICATION OF VALUE ENGINEERING ON CONSTRUCTION PROJECTS IN ABIA STATE, NIGERIA

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@article{1701665,
      author = {NNOLUM NKECHINYERE PERPETUA},
      title = {THE APPLICATION OF VALUE ENGINEERING ON CONSTRUCTION PROJECTS IN ABIA STATE, NIGERIA },
      journal = {Iconic Research And Engineering Journals},
      year = {2019},
      volume = {3},
      number = {4},
      pages = {40-55},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1701665.pdf},
      abstract = {Value engineering is a management technique used in many industries, focusing at enhancing functions, and reliability at the lowest cost. The focus of value engineering is removing unnecessary cost and improving functionality, The construction industry is faced with myriad of challenges ranging from poor value analysis, cost deviation, time overrun and design ambiguities which has hindered its ability to satisfy the client?s needs. Therefore this study assesses the application of value engineering in construction projects in Abia State. Its benefits and factors hindering its application in construction projects with the view to developing a framework for effective application of value engineering through the integration of building information modelling in the value engineering process. This thesis present an integrated framework for building construction professionals, owners and the VE team with automation capabilities to evaluate and compare different design alternatives of project components. A structured questionnaire were purposively distributed to four (4) groups of respondents, were completed and returned. Relative Importance Index was used to rank the agreement of the respondents. Spearman`s Rank Order Correlation coefficient was used to measure the strength and direction of association between the responses of the four groups of respondents. The results show the level of awareness and application of the concept within the construction industry, according to the rank agreement between the respondents, six (6) factors were ranked as most severe hindering factors to the application of value engineering in construction projects.  The study concluded that value engineering is not commonly applied in the construction industry, there are potential benefits of integrating BIM into value engineering process in construction projects using the proposed framework which enables a 4D presentation  to automate data extraction for project cost estimating, evaluation of alternatives, and to improved functionality of the projects, and recommended that there is the need for the construction industry to adopt the proposed value engineering framework to assist the VE team in decision making},
      month = {October},
  }