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Exploring the Critical Success Factors of Value Management Implementation for Sustainable Residential Building Project: A Stationary Analysis Approach

Author

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  • Ahmed Farouk Kineber

    (Department of Civil Engineering, College of Engineering in Al-Kharj, Prince Sattam Bin Abdulaziz University, Al-Kharj 11942, Saudi Arabia)

  • Md Sharif Uddin

    (Department of Industrial Engineering, Prince Sattam Bin Abdulaziz University, Al Kharj 11942, Saudi Arabia
    Department of Mathematics, Jahangirnagar University, Savar 1342, Bangladesh)

  • Alaa Fouad Momena

    (Department of Industrial Engineering, Prince Sattam Bin Abdulaziz University, Al Kharj 11942, Saudi Arabia)

Abstract

During the past two decades, value management (VM), has developed into a recognized construction practice. However, the methods and activities associated with VM adopt informal approaches in developing countries. This study aims to explore the critical success factors (CSFs) of VM implementation. Consequently, VM CSFs were investigated from the previous literature and further categorized over a semi-structured interview. The importance of these CSFs investigated by 335 structured questionnaires completed by residential building professionals. Subsequently, the exploratory study using the exploratory Pearson correlation of the VM CSFs was employed to validate the categorization resulting from a semi-structured interview and pilot study phases. Based on the validation results, the VM CSFs may be divided into four dimensions: culture and environment, workshop dynamics, stakeholder and knowledge, and standardization. Through important relative index (RII) analysis, the essential CSFs creates a VM team from a variety of disciplines, VM knowledge, experience of participants, and professional experience of the different participants’ diverse disciplines. In addition, this research used a stationary analytic strategy to evaluate the degree to which VM critical success factors (CSFs) have been incorporated into residential construction projects in Egypt. The results revealed that “establishing the roles and purposes of various professions” was the stationary success factor for adopting VM. This research establishes a road map for successful VM implementation via VM CSFs in Egypt and other underdeveloped nations. Stakeholders in the residential construction sector would benefit from this study by learning more about VM CSFs and how they may be used to increase the value of their projects.

Suggested Citation

  • Ahmed Farouk Kineber & Md Sharif Uddin & Alaa Fouad Momena, 2022. "Exploring the Critical Success Factors of Value Management Implementation for Sustainable Residential Building Project: A Stationary Analysis Approach," Sustainability, MDPI, vol. 14(23), pages 1-18, December.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:23:p:16215-:d:993880
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    References listed on IDEAS

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    1. Robert Ellis & Gerard Wood & David Keel, 2005. "Value management practices of leading UK cost consultants," Construction Management and Economics, Taylor & Francis Journals, vol. 23(5), pages 483-493.
    2. Paul Anthony Bowen & Peter Edwards & Keith Cattell, 2009. "Value management practice in South Africa: the built environment professions compared," Construction Management and Economics, Taylor & Francis Journals, vol. 27(11), pages 1039-1057.
    3. Al-Baraa Abdulrahman Al-Mekhlafi & Idris Othman & Ahmed Farouk Kineber & Ahmad A. Mousa & Ahmad M. A. Zamil, 2022. "Modeling the Impact of Massive Open Online Courses (MOOC) Implementation Factors on Continuance Intention of Students: PLS-SEM Approach," Sustainability, MDPI, vol. 14(9), pages 1-15, April.
    4. Ahmed Farouk Kineber & Ayodeji Emmanuel Oke & Ashraf Alyanbaawi & Abdurrahman Salihu Abubakar & Mohammed Magdy Hamed, 2022. "Exploring the Cloud Computing Implementation Drivers for Sustainable Construction Projects—A Structural Equation Modeling Approach," Sustainability, MDPI, vol. 14(22), pages 1-31, November.
    5. Mousa, Ahmad, 2015. "A Business approach for transformation to sustainable construction: an implementation on a developing country," Resources, Conservation & Recycling, Elsevier, vol. 101(C), pages 9-19.
    6. Ahmed Farouk Kineber & Idris Othman & Ayodeji Emmanuel Oke & Nicholas Chileshe & Mohanad Kamil Buniya, 2020. "Identifying and Assessing Sustainable Value Management Implementation Activities in Developing Countries: The Case of Egypt," Sustainability, MDPI, vol. 12(21), pages 1-20, November.
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    1. El-Awady Attia & Ali Alarjani & Md. Sharif Uddin & Ahmed Farouk Kineber, 2023. "Determining the Stationary Enablers of Resilient and Sustainable Supply Chains," Sustainability, MDPI, vol. 15(4), pages 1-23, February.
    2. Ahmed Farouk Kineber & Shah Siddharth & Nicholas Chileshe & Badr Alsolami & Mohammed Magdy Hamed, 2022. "Addressing of Value Management Implementation Barriers within the Indian Construction Industry: A PLS-SEM Approach," Sustainability, MDPI, vol. 14(24), pages 1-24, December.

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