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Achieving Value for Money in Capital Build Projects

Achieving Value for Money in Capital Build Projects PDF Author: Angela Vodden
Publisher: Routledge
ISBN: 1351116924
Category : Architecture
Languages : en
Pages : 179

Book Description
This book is the first to bring together academic and practitioner views of Value for Money (VFM). VFM has been used to assess whether or not an organisation has obtained the maximum benefit within the resources available to it. A concept used by the public sector to assess the benefits of major built environment projects, it has become a major tenet of public private partnerships, capital project infrastructure and civil engineering megaprojects. This book presents and discusses the various debates surrounding the concept of Value for Money. It provides an international perspective on VFM by drawing upon the existing and fast developing body of principles and practices for Capital Build Projects. Readers will gain a level of understanding of the issues involved, the challenges, opportunities and the support mechanisms and protocols required for implementation of VFM in capital building development. Ultimately, the book presents a protocol that has been developed to track and monitor the VFM of a capital project from day 1, an Equilibrium Testing Mechanism (ETM) developed by the authors. This testing mechanism allows each of the parties to a project to monitor their VFM position at any given stage of a project from the beginning to the end of the build stage and beyond as necessary. This book is both a useful reference for researchers and a practical guide for the construction and engineering industry.

Achieving Value for Money in Capital Build Projects

Achieving Value for Money in Capital Build Projects PDF Author: Angela Vodden
Publisher: Routledge
ISBN: 1351116924
Category : Architecture
Languages : en
Pages : 179

Book Description
This book is the first to bring together academic and practitioner views of Value for Money (VFM). VFM has been used to assess whether or not an organisation has obtained the maximum benefit within the resources available to it. A concept used by the public sector to assess the benefits of major built environment projects, it has become a major tenet of public private partnerships, capital project infrastructure and civil engineering megaprojects. This book presents and discusses the various debates surrounding the concept of Value for Money. It provides an international perspective on VFM by drawing upon the existing and fast developing body of principles and practices for Capital Build Projects. Readers will gain a level of understanding of the issues involved, the challenges, opportunities and the support mechanisms and protocols required for implementation of VFM in capital building development. Ultimately, the book presents a protocol that has been developed to track and monitor the VFM of a capital project from day 1, an Equilibrium Testing Mechanism (ETM) developed by the authors. This testing mechanism allows each of the parties to a project to monitor their VFM position at any given stage of a project from the beginning to the end of the build stage and beyond as necessary. This book is both a useful reference for researchers and a practical guide for the construction and engineering industry.

Building Better Partnerships

Building Better Partnerships PDF Author: Commission on Public Private Partnerships
Publisher: Institute for Public Policy Research
ISBN: 9781860301582
Category :
Languages : en
Pages : 308

Book Description


PFI in housing

PFI in housing PDF Author: Great Britain: National Audit Office
Publisher: The Stationery Office
ISBN: 9780102965285
Category : Architecture
Languages : en
Pages : 44

Book Description
This report, from the National Audit Office (HCP 71, session 2010-11, ISBN 9780102965285), looks at PFI in Housing. The use of PFI by local authorities to improve housing, usually in areas with a high need for housing and where the stock condition is particularly poor, has had a measure of success, but risks to value for money of the programme have not been managed. In the context of this programme, PFI has been a flexible and useful funding route for local authorities to improve existing housing and build new stock. However, the majority of projects required significant increases in central funding prior to contract signature and all have suffered delays. Twenty one of the 25 projects which have been signed to date have experienced cost increases, with 12 of these over 100 per cent. All signed projects, for which the NAO was able to obtain data, were delayed, on average by 2 years and 6 months. For early projects this was partly because PFI was new to the housing sector and the Department for Communities and Local Government had to develop its understanding of stock condition issues. Also, the Department's management for early projects was also weak and under-resourced. While the capital cost of PFI housing projects is similar to other developments, the Department's evaluation to date has not taken account of the full costs. Procurement also tends to take more time, which can increase procurement and tender costs for local authorities and bidders.

Proceedings of Government/Industry Forum

Proceedings of Government/Industry Forum PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309169690
Category : Technology & Engineering
Languages : en
Pages : 50

Book Description
Recurrent problems with project performance in the U.S. Department of Energy (DOE) in the 1990s raised questions in Congress about the practices and processes used by the department to manage projects. The 105th Committee of Conference on Energy and Water Resources directed DOE to investigate establishing a project review process. Many of the findings and recommendations in this series of reports identified the need for improved planning in the early project stages (front-end planning) to get the project off to the right start, and the continuous monitoring of projects by senior management to make sure the project stays on course. These reports also stressed the need for DOE to act as an owner, not a contractor, and to train its personnel to function not as traditional project managers but as knowledgeable owner's representatives in dealing with projects and contractors. The NRC Committee for Oversight and Assessment of Department of Energy Project Management determined that it would be helpful for DOE to sponsor a forum in which representatives from DOE and from leading corporations with large, successful construction programs would discuss how the owner's role is conducted in government and in industry. In so doing, the committee does not claim that all industrial firms are better at project management than the DOE. Far from it-the case studies represented at this forum were selected specifically because these firms were perceived by the committee to be exemplars of the very best practices in project management. Nor is it implied that reaching this level is easy; the industry speakers themselves show that excellence in project management is difficult to achieve and perhaps even more difficult to maintain. Nevertheless, they have been successful in doing so, through constant attention by senior management.

Sustainable schools

Sustainable schools PDF Author: Great Britain: Parliament: House of Commons: Education and Skills Committee
Publisher: The Stationery Office
ISBN: 9780215035967
Category : Political Science
Languages : en
Pages : 344

Book Description
Incorporating HCP 1150-i to v, session 2005-06. For Vol. 1 see (ISBN 9780215035974)

Major Infrastructure Projects

Major Infrastructure Projects PDF Author: Edward Ochieng
Publisher: Bloomsbury Publishing
ISBN: 1137515864
Category : Technology & Engineering
Languages : en
Pages : 364

Book Description
In this unique and comprehensive textbook, the authors examine the challenges faced all around the world with regard to major infrastructure project management, and they champion a fresh approach that takes into account the interdependencies between economic, social, political, technological and legislative environments. Managing, developing and investing in crucial infrastructure is essential to keep up with the challenges of a fast-paced and globalised world, but affecting and overseeing change requires a deep understanding of complex interlocking systems. To this end the book is neatly divided into three key parts: project appraisal, maximising integrated supply chains, and implementing value-enhancing practices. This is the ideal companion for courses on any aspect of civil engineering and construction project management including modules in infrastructure planning, infrastructure management, construction management and business management. The book will also appeal to practitioners involved in the management of capital and infrastructure projects.

Construction Project Management

Construction Project Management PDF Author: Peter Fewings
Publisher: Routledge
ISBN: 1136827617
Category : Technology & Engineering
Languages : en
Pages : 567

Book Description
The role of the project manager continues to evolve, presenting new challenges to established practitioners and those entering the field for the first time. This second edition of Peter Fewings' groundbreaking textbook has been thoroughly revised to recognise the increasing importance of sustainability and lean construction in the construction industry. It also tackles the significance of design management, changing health and safety regulation, leadership and quality for continuous improvement of the service and the product. Using an integrated project management approach, emphasis is placed on the importance of effectively handling external factors in order to best achieve an on-schedule, on-budget result, as well as good negotiation with clients and skilled team leadership. Its holistic approach provides readers with a thorough guide in how to increase efficiency and communication at all stages while reducing costs, time and risk. Short case studies are used throughout the book to illustrate different tools and techniques. Combining the theories underpinning best practice in construction project management, with a wealth of practical examples, this book is uniquely valuable for practitioners and clients as well as undergraduate and graduate students for construction project management.

Primary Care Centres

Primary Care Centres PDF Author: Geoffrey Purves
Publisher: Routledge
ISBN: 1136436723
Category : Architecture
Languages : en
Pages : 216

Book Description
Primary Care Centres explores the process of planning and designing buildings for frontline medical practice. Taking as a starting point the concept that good design contributes directly to healthy living, the book shows beneficial effects that a good design brief can bring to the staff, patients and visitors of health care facilities. It outlines principles for designs that are both practical and useful. International case studies of healthcare facilities in the UK, US, Japan and South Africa provide technical detail and give best practice examples of well-designed healthy living centres, with an emphasis on building performance and catering for the latest government policy developments. This new edition provides trusted guidance on investing in effective architecture for architects and project managers involved in the design of healthcare facilities. Dr Geoffrey Purves is Chairman of Purves Ash LLP, a firm of Architects in Newcastle upon Tyne. He has held a range of professional appointments with the Royal Institute of British Architects and is an Honorary Research Associate at Durham University.

Redesigning the Public Library Building

Redesigning the Public Library Building PDF Author: Primary Research Group
Publisher: Primary Research Group Inc
ISBN: 1574402285
Category : Language Arts & Disciplines
Languages : en
Pages : 168

Book Description
This report looks closely at how public libraries in the United States and Canada are altering their space use and development plans; the study looks at new libraries and at the alterations and alteration plans of existing libraries with data broken out by size of service area, library budget, for library systems and stand alone libraries and other criteria. The 170 page study gives detailed spending data on capital spending plans, and plans for redevelopment of children and teen areas, patron access areas, special purpose rooms, technology centers, overall patron seating and access to workstations and broadband, as well as data on plans for parking, landscaping, roof and floor development, staff only areas and many other considerations in public library space use and redesign.

The Report: The Philippines 2012

The Report: The Philippines 2012 PDF Author:
Publisher: Oxford Business Group
ISBN: 1907065563
Category : Industries
Languages : en
Pages : 248

Book Description