Value management practice in South Africa: The construction and manufacturing industries compared

Edwards, P, Bowen, P, Jay, I and Cattell, K 2010, 'Value management practice in South Africa: The construction and manufacturing industries compared', in The Construction, Building and Real Estate Research Conference of the Royal Institution of Chartered Surveyors (COBRA 2010), Paris, France, 2-3 September 2010, pp. 1-16.


Document type: Conference Paper
Collection: Conference Papers

Title Value management practice in South Africa: The construction and manufacturing industries compared
Author(s) Edwards, P
Bowen, P
Jay, I
Cattell, K
Year 2010
Conference name The Construction, Building and Real Estate Research Conference of the Royal Institution of Chartered Surveyors (COBRA 2010)
Conference location Paris, France
Conference dates 2-3 September 2010
Proceedings title The Construction, Building and Real Estate Research Conference of the Royal Institution of Chartered Surveyors (COBRA 2010)
Publisher RICS
Place of publication London, UK
Start page 1
End page 16
Total pages 16
Abstract The achievement of value is a policy directive of the government for the delivery of public infrastructure, projects products and services in South Africa. Two web-based opinion surveys were conducted to explore the awareness and practice of value management among the built environment professions and the manufacturing industry. The findings show a dated grasp of value management and limited practice in both industries. Manufacturing industry groups showed a greater readiness to use value management principles to extend value achievement beyond simple function and cost drivers; and were more inclined to see the potential of modern IT applications in the search for value.
Subjects Building Construction Management and Project Planning
Keyword(s) Value management
construction industry
manufacturing industry
South Africa
Copyright notice © RICS
ISBN 9781842196199
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