Application of Value for Money in Engineering Consultation in the Whole Process of Construction Project
- DOI
- 10.2991/hssmee-18.2018.57How to use a DOI?
- Keywords
- value for money, LCC, VM, constructability, Operability.
- Abstract
With the rise of PPP, value for money has been well known in recent years. Its original intention is: in order to satisfy the goal of maximizing the value of the project, according to the value engineering V = F / C model, the implementation plan of each stage of the project t is continuously improved, and ultimately the investment goal is to achieve the highest cost performance ratio; this paper finds out the key factors of each stage of the construction project through the application and management of value for money, and also finds out the possible increase in the project price. Value and the tools to reduce the cost of the project, with a view to the development of value-for-money theory and practice of construction projects.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Junjie Qiao PY - 2018/09 DA - 2018/09 TI - Application of Value for Money in Engineering Consultation in the Whole Process of Construction Project BT - Proceedings of the 2018 International Symposium on Humanities and Social Sciences, Management and Education Engineering (HSSMEE 2018) PB - Atlantis Press SP - 341 EP - 345 SN - 2352-5398 UR - https://doi.org/10.2991/hssmee-18.2018.57 DO - 10.2991/hssmee-18.2018.57 ID - Qiao2018/09 ER -