Value Management Analysis

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 Nature of your organization Contractor (Type G6) 7 13.7% Contractor (Type G7) 23 45.1% Quantity Surveyor Firm 21 41.2% Specify your designation in the company Director 11 21.6% Manager 4 7.8% Project Manager 1 2% Quantity Surveyor 21 41.2% Other 14 27.5%

description

It is about Electronic Value Management (EVM) Survey

Transcript of Value Management Analysis

  • Nature of your organization

    Contractor (Type G6) 7 13.7%

    Contractor (Type G7) 23 45.1%

    Quantity Surveyor Firm 21 41.2%

    Specify your designation in the company

    Director 11 21.6%

    Manager 4 7.8%

    Project Manager 1 2%

    Quantity Surveyor 21 41.2%

    Other 14 27.5%

  • Working experience in construction field

    Less than 5 years 21 41.2%

    6 to 10 years 3 5.9%

    11 to 15 years 6 11.8%

    16 to 20 years 9 17.6%

    more than 20 years 12 23.5%

  • Part B : Value Management

    1. Do you know what is value management ?

    Yes 32 62.7%

    No 6 11.8%

    Not sure 13 25.5%

    2. Value Management means

    Proactive, creative, problem-solving or problems seeking services which maximises

    the functional value of a project by managing its development from concept to use. 24 75%

    Proactive, or problem seeking services which minimises the functional value of a

    project by managing its development from the concept to use. 3 9.4%

    Cut cost for the entire project 1 3.1%

    Value techniques applied during the planning phases of a porject 4 12.5%

    Value techniques applied retrospectively to completed projects to analyse or audit the

    project performance 0 0%

  • 3. Are you familiar with the value management procedure?

    Yes 15 46.9%

    No 10 31.3%

    Not sure 7 21.9%

    4. What are the procedure of value management ?

    Pre-workshop, Information, Creativity, Evaluation, Development, Action planning,

    Workshop report and Implementation 8 66.7%

    Pre-workshop, Information, Evaluation, Action Planning and Implementation 2 16.7%

    Pre-workshop, Information, Function Analysis, Presentation and Implementation 1 8.3%

    Information, Creativity, Evaluation, Development, Action Planning, Presentation,

    Workshop report and Implementation 1 8.3%

  • 5. Life-cycle costing is applied in which process?

    Pre-workshop 1 8.3%

    Information 0 0%

    Creativity 0 0%

    Workshop report 1 8.3%

    Implementation 0 0%

    Development 6 50%

    Action Planning 2 16.7%

    Presentation 0 0%

    Evalution 2 16.7%

    Other 0 0%

    6. What do you think about the value management procedure?

    Very complicated 2 13.3%

    Complicated 6 40%

    Neutral 7 46.7%

    Simple 0 0%

    Very simple 0 0%

  • 7. Do you think that value management procedure should be consolidated ?

    Strongly Disagree 1 6.7%

    Disagree 1 6.7%

    Neutral 8 53.3%

    Agree 5 33.3%

    Strongly Agree 0 0%

    8. Have you ever been involved in the practice of value management ?

    Yes 14 43.8%

    No 18 56.3%

  • 9. In what kind of project does your company apply value management ?

    Big Project ( RM 10,000,000 and above) 10 71.4%

    Medium Project (RM5,000,000 - RM 10,000,000) 3 21.4%

    Small Project ( RM 5,000,000 and below) 1 7.1%

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    10. What type of construction that your company employs the use of value management ?

    Office Building 6 42.9%

    School 0 0%

    Infrastructure Project (example : MRT) 1 7.1%

    Condominium 1 7.1%

    Terrace House 3 21.4%

    Other 3 21.4%

  • 11. Do you know that value management has been applied in the construction industry?

    Yes 5 26.3%

    No 14 73.7%

    12. Will you attend seminar about value management ?

    Yes 32 62.7%

    No 12 23.5%

    Not sure 7 13.7%

  • 13. Why yes?

    Easily adapt value management when you involve in value management 5 15.6%

    Get to know more about value management 19 59.4%

    Get some knowledge 7 21.9%

    Other 1 3.1%

    14. Why not or not sure ?

    Waste time 4 15.4%

    Waste money 1 3.8%

    Busy for work 14 53.8%

    Other 7 26.9%

  • Introduction To Electronic Value Management (EVM):

    Part C : Electronic Value Management (EVM)

    15. Nowadays, information and communication technology (ICT) is common. Do you know there is new technology for value management?

    Yes 5 9.8%

    No 32 62.7%

    Not sure 14 27.5%

    16. What are the new technologies that you are aware of?

    Electronic Value Management 2 40%

    Cost Estimation Software 5 100%

    Life-Cycle Costing Software 4 80%

    Other 1 20%

  • 17. Are you aware of electronic value management (EVM) in the construction industry?

    Yes 9 17.6%

    No 33 64.7%

    Not sure 9 17.6%

    18. How did you know about EVM?

    Online Journal 6 66.7%

    Book 0 0%

    Friends 0 0%

    Newspaper 0 0%

    Conference 1 11.1%

    Seminar 0 0%

    Other 2 22.2%

  • 19. Do you know that EVM does not need professional studies compare to VM?

    Yes 3 5.9%

    No 34 66.7%

    Not sure 14 27.5%

    20. If there is an EVM training course, will you attend the training course?

    Yes 33 64.7%

    No 8 15.7%

    Not sure 10 19.6%

    21. If you would like to train your staff on knowing more about EVM, which method would you prefer?

    In-house training 21 41.2%

    On-the job training 27 52.9%

    Off-the job training 7 13.7%

    Online training 13 25.5%

    Other 0 0%

  • 22. How much will your company allocate per person for the EVM training?

    RM1,000 and above 8 15.7%

    RM 500 to RM 999 17 33.3%

    RM 499 and below 26 51%

    23. Do you know that EVM procedure is a process which uses electronic devices/software almost throughout the process, i.e. digitizing the value management process

    Yes 11 21.6%

    No 24 47.1%

    Not sure 16 31.4%

  • 24. Do you know that there is some difference between VM procedure and EVM procedure?

    Yes 8 15.7%

    No 25 49%

    Not sure 18 35.3%

    25. What is the difference between VM procedure and EVM procedure?

    For brainstorming process, VM team members still need to have meeting face-to-face

    while EVM is now using Skype to have meeting with team members. 6 75%

    VM procedure need 9days to complete the whole project while EVM procedure need 6

    or 7 days to complete the project 0 0%

    VM procedure have time constraint while EVM does not have time constraint 2 25%

    Other 0 0%

  • 26. Do you think that EVM procedure is better than the traditional value management procedure?

    Yes 5 62.5%

    No 0 0%

    Not sure 3 37.5%

    27. Why yes?

    Saving cost on the project 3 60%

    Time efficient to complete the project 1 20%

    Other 1 20%

  • 28. Why no or not sure ?

    Wasting time to go for training 1 25%

    Wasting money to buy software 1 25%

    Other 2 50%

    29. In your opinion, if EVM is introduced in Malaysia, will you rather use EVM than the traditional method of value management?

    Yes 20 41.7%

    No 8 16.7%

    Not sure 20 41.7%

  • EVM is more cost saving than VM [30. Why do you think EVM process is better than VM process ? ]

    Strongly Disagree 1 2%

    Disagree 2 3.9%

    Neutral 26 51%

    Agree 21 41.2%

    Strongly Agree 1 2%

    EVM requires organizational learning skills [30. Why do you think EVM process is better than VM process ? ]

    Strongly Disagree 2 3.9%

    Disagree 5 9.8%

    Neutral 22 43.1%

    Agree 22 43.1%

    Strongly Agree 0 0%

    EVM will reduce more wastage of resources compare to VM [30. Why do you think EVM process is better than VM process ? ]

    Strongly Disagree 1 2%

    Disagree 1 2%

    Neutral 23 45.1%

    Agree 22 43.1%

    Strongly Agree 4 7.8%

  • EVM process is faster than VM process [30. Why do you think EVM process is better than VM process ? ]

    Strongly Disagree 0 0%

    Disagree 1 2%

    Neutral 20 39.2%

    Agree 23 45.1%

    Strongly Agree 7 13.7%

    EVM allows easy communicate with team members or clients compared to VM [30. Why do you think EVM process is better than VM process ? ]

    Strongly Disagree 0 0%

    Disagree 4 7.8%

    Neutral 23 45.1%

    Agree 20 39.2%

    Strongly Agree 4 7.8%

    EVM process is better than VM process [30. Why do you think EVM process is better than VM process ? ]

    Strongly Disagree 0 0%

    Disagree 5 9.8%

    Neutral 26 51%

    Agree 18 35.3%

    Strongly Agree 2 3.9%

  • You will try to apply electronic value management (EVM) to your company [30. Why do you think EVM process is better than VM process ? ]

    Strongly Disagree 1 2%

    Disagree 4 7.8%

    Neutral 29 56.9%

    Agree 12 23.5%

    Strongly Agree 5 9.8%