Assessing the impact of value management on the construction cost of projects in Uganda
Abstract
In Uganda construction clients are not achieving best value and efficiency in their projects in
terms of budget, time, required quality, functions, aesthetic, image, safety and fitness for
purpose. in Kampala, there are massive construction activities hence the need to maximize the
potentials of VM practices in bid to control cost overruns.
Therefore, the research aimed at finding out the extent of use of the VM practices on projects,
there use by the construction professionals in consulting firms and likely impact on the project
sums and the VM practices.
The methodology used in this research involved the use of structured questionnaires to seek for
opinions from a sample of 64 construction professionals in consulting firms who were selected
using a stratified sampling technique.
The findings from this research show that respondents were familiar with value management.
The research further established that the VM practices in use included, prepare logistically for
the value study, determine team composition, collect data, draft a scope and objective for the
value study, establish evaluation factors, Prioritize the problems, Assess the potential gains for
resolving each of these problems and Identifying the specific problems to be addressed.
Establish workshop rules of the road, Finalize the problem and the associated facts Determine
the best opportunities for improvement, develop function relationships, refine study scope,
Determine the functions, Classify the functions. Generate alternative ideas, discourage creativity
inhibitors, Establish ground rules. Select ideas for further development, Rank the ideas, List the
advantages and disadvantages of each Idea, Group similar ideas, eliminate low potential ideas,
Establish idea champions. Conduct a life-cycle cost analysis, Determine the most beneficial
alternatives, Develop implementation plans. Preparation of a presentation. Prepare a written
report, Follow-up, Prioritize the problems, Enhance the probability of approval.
Upon application of VM on a project, there is a positive correlation between construction cost
before project execution and construction cost after project execution.