Title Potential Value Improvement Target Choice Methodology (PVTCM) in Construction Projects
Authors Yang, Jinkook
DOI http://dx.doi.org/10.6106/KJCEM.2014.15.4.011
Page pp.11-19
ISSN 1229-7534
Keywords Construction VE ; VE target choice method ; Cost model ; Ideas similarity ; Affinity diagram
Abstract Construction VE activities has occupies an important position as a key tool of the project in terms of budget and performance improvements. Reflecting this situation, VE application scope is being expanded than before. Thus, construction projects are required the continued research and development for effective use of construction VE. VE target choice method is the central part in the construction VE work. But, this has a problem with low utilization in practical terms. Accordingly, this study was developed the new methodology(PVTCM) for VE target selection of the construction VE work. Its contents are as follows: First, to analyze practical problem for VE target choice method through VE practical data. Second, to extract the high potential VE object based on the cost model and ideas similarity by excellent VE cases analysis. Third, to implement standardized VE object item by using affinity diagram for each construction type items. This research were conducted to experts interviews for comparison analysis with the cost model as one of a representative target selection method. As a result, proposed method were implemented significantly higher performance in terms of practical effectiveness than conventional method.