Integrating risk and value management using IRVM workshops : Case studies in infrastructure projects in UK

  title={Integrating risk and value management using IRVM workshops : Case studies in infrastructure projects in UK},
  author={Saipol Bari Abd-Karim and D. Jordan Lowe and Hamzah Abdul-Rahman and Chen Wang and Imran Ariff and Yahya and Geoffrey Qiping Shen},
In infrastructure projects, even though both value management (VM) and risk management (RM) are widely accepted as tools for effective project management, they have never been synthetically practiced. To combine the two processes within a single project is practical and logical when both methods share the same resources. Both VM and RM are systematic processes and involve a multi-disciplinary team in creative IRVM workshops. This paper attempts to examine the application of IRVM workshop to… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.


Publications citing this paper.


Publications referenced by this paper.
Showing 1-10 of 31 references

Achieving Excellence in Construction: Procurement Guide 04 Risk and Value Management

  • OGC
  • Office of Government Commerce, Malaysia.
  • 2003
Highly Influential
5 Excerpts

The Value Management benchmark: A

  • S Male, J Kelly, S Fernie
  • 1998
Highly Influential
5 Excerpts

Flexibility and the Management of Uncertainty: A Risk Management Perspective

  • SC Ward, JH Klein, DE Avison, PL Powell, J Keen
  • Int. J. Proj. Bus. Risk Manage., 2: 131-145.
  • 1997
Highly Influential
4 Excerpts

Value Management in Construction: a Client‟s Guide

  • JN Connaughton, SD Green
  • Construction Industry Research and Information…
  • 1996
Highly Influential
6 Excerpts

Value Solutions: A Path to Sustain Infrastructure, Incorporating risk into value engineering

  • M Thompson
  • Proceedings of CSVA Conference, Toronto.
  • 2004
Highly Influential
4 Excerpts

Examination of the best, analogous, competing terms to describe value in construction projects

  • OKB Barima
  • Int. J. Proj. Manage., 28(3): 195-200.
  • 2010
2 Excerpts

Major challenges to the successful

  • Z Shehu
  • Akintoye A
  • 2010

The awareness and practice of value management by South African consulting engineers: Preliminary research survey findings

  • P Bowen, P Edwards, K Cattell, I Jay
  • Int. J. Proj. Manage,. 28(3): 285-295.
  • 2010
2 Excerpts

Value creating construction virtual teams: A case study in the construction sector

  • C Vorakulpipat, Y Rezgui, CJ Hopfe
  • Autom. Constr., 19(2): 142-147.
  • 2010
2 Excerpts

Similar Papers

Loading similar papers…