| dc.description.abstract | The concept of Value Management (VM) is a
tool using for maximizing the value, it is becoming more
appropriate to construction industry of Sri Lanka. The VM
will help to reduce cost which help the Sri Lankan
construction industry. This research goals to address
obstacles to the implementation of VM in the construction
industry of Sri Lanka with a view to providing conceivable
measures in avoiding these difficulties and increasing the
usage of the system within the construction industry. The
level of knowledge and implementation of VM practices, as
well as the barriers to its implementation in the
construction industry were evaluated by using of a
questioner survey strategy and interviews. Construction
specialists were selected by means of stratified random
sampling. The data was analyzed using frequency index
analysis. The study reveals that the topmost challenge to
implement VM as, the minimal level of knowledge of VM
between construction professionals. There for flow of
knowledge must be given from the undergraduate level to
the senior professionals. Avoiding these barriers in order
towards accomplish enhanced quality construction
industry practice, it was recommended that the importance
of introduce course modules relates to VM at the academic
level. Further this research will benefit in study in
implementing a model for VM/VE for the Sri Lankan
construction context. | en_US |
