Best Value Approach (BVA): Enhancing Value Creation in Construction Projects

Best Value Approach (BVA): Enhancing Value Creation in Construction Projects

Background: Research has revealed an inadequate understanding of the owners’ and users’ strategic objectives and a lack of methodology for translating these objectives into functional buildings. Fulfilment of owners’ and users’ objectives is fundamental in creating value through a project. Managemen...

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Bibliographic Details
Main Authors: Haddadi Amin, Johansen Agnar, Bjørberg Svein
Format: Article
Language:English
Published: Sciendo 2017-09-01
Series:Business Systems Research
Subjects:
value creation
conceptual framework
value management
construction project management
life cycle thinking
l74
Online Access:https://doi.org/10.1515/bsrj-2017-0018
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spelling doaj-9b062fe541e74f65bc005b192dbc4ff62021-09-05T20:42:40ZengSciendoBusiness Systems Research1847-93752017-09-01828410010.1515/bsrj-2017-0018bsrj-2017-0018Best Value Approach (BVA): Enhancing Value Creation in Construction ProjectsHaddadi Amin0Johansen Agnar1Bjørberg Svein2Norwegian University of Science and Technology (NTNU), NorwayFoundation for Scientific and Industrial Research (SINTEF), NorwayNorwegian University of Science and Technology (NTNU), NorwayBackground: Research has revealed an inadequate understanding of the owners’ and users’ strategic objectives and a lack of methodology for translating these objectives into functional buildings. Fulfilment of owners’ and users’ objectives is fundamental in creating value through a project. Management and design processes can be decisive in achieving the desired objectives. Hence, knowledge about what creates value applied into a management framework will enable higher value creation.https://doi.org/10.1515/bsrj-2017-0018value creationconceptual frameworkvalue managementconstruction project managementlife cycle thinkingl74
collection DOAJ
language English
format Article
sources DOAJ
author Haddadi Amin
Johansen Agnar
Bjørberg Svein
spellingShingle Haddadi Amin
Johansen Agnar
Bjørberg Svein
Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
Business Systems Research
value creation
conceptual framework
value management
construction project management
life cycle thinking
l74
author_facet Haddadi Amin
Johansen Agnar
Bjørberg Svein
author_sort Haddadi Amin
title Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_short Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_full Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_fullStr Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_full_unstemmed Best Value Approach (BVA): Enhancing Value Creation in Construction Projects
title_sort best value approach (bva): enhancing value creation in construction projects
publisher Sciendo
series Business Systems Research
issn 1847-9375
publishDate 2017-09-01
description Background: Research has revealed an inadequate understanding of the owners’ and users’ strategic objectives and a lack of methodology for translating these objectives into functional buildings. Fulfilment of owners’ and users’ objectives is fundamental in creating value through a project. Management and design processes can be decisive in achieving the desired objectives. Hence, knowledge about what creates value applied into a management framework will enable higher value creation.
topic value creation
conceptual framework
value management
construction project management
life cycle thinking
l74
url https://doi.org/10.1515/bsrj-2017-0018
work_keys_str_mv AT haddadiamin bestvalueapproachbvaenhancingvaluecreationinconstructionprojects
AT johansenagnar bestvalueapproachbvaenhancingvaluecreationinconstructionprojects
AT bjørbergsvein bestvalueapproachbvaenhancingvaluecreationinconstructionprojects
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