Integrating value, risk and environmental management at the strategic definition stage

Mohammed Alaqad, Kassim Gidado, Poorang Piroozfar

Research output: Chapter in Book/Conference proceeding with ISSN or ISBNConference contribution with ISSN or ISBNResearchpeer-review

Abstract

Over the years, researchers and practitioners have argued that the integration of value Management (VM) and Risk Management (RM) in construction projects would help avoid duplication of work and deliver better value for money thereby leading to better project outcomes. Others have integrated the VM and Environmental Management (EM) to achieve the same goals. In the UK, research has shown that the lack of awareness of the environmental issues and the timing of implementing the various Project Management Systems (PMS) during the course of a construction project are the main constraints to better integration of these systems. This paper will argue that the integration of VM, RM and EM would provide better efficiencies and suggest how it could be achieved. Using desk study, the paper investigates the issues and problems surrounding the integration of PMS. It also identifies the aspects of VM, RM, and EM that could be integrated in projects using published literature. The findings at this stage form an initial frame of reference as a basis upon which a model will be developed for the complete integration of VM, RM and EM in construction projects at the early stage.
Original languageEnglish
Title of host publicationProceedings of 31st Annual ARCOM Conference
Place of PublicationLincoln, UK
PublisherARCOM
Pages145-154
Number of pages10
Publication statusPublished - 9 Sep 2015
EventProceedings of 31st Annual ARCOM Conference - 7-9 September 2015, Lincoln, UK
Duration: 9 Sep 2015 → …

Conference

ConferenceProceedings of 31st Annual ARCOM Conference
Period9/09/15 → …

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Value management
Risk management
Environmental management
Construction project
Integrated
Management system
Project management
Frame of reference
Environmental issues
Value for money

Bibliographical note

Original paper first published by ARCOM as part of Conference Proceedings

Cite this

Alaqad, M., Gidado, K., & Piroozfar, P. (2015). Integrating value, risk and environmental management at the strategic definition stage. In Proceedings of 31st Annual ARCOM Conference (pp. 145-154). Lincoln, UK: ARCOM.
Alaqad, Mohammed ; Gidado, Kassim ; Piroozfar, Poorang. / Integrating value, risk and environmental management at the strategic definition stage. Proceedings of 31st Annual ARCOM Conference. Lincoln, UK : ARCOM, 2015. pp. 145-154
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Alaqad, M, Gidado, K & Piroozfar, P 2015, Integrating value, risk and environmental management at the strategic definition stage. in Proceedings of 31st Annual ARCOM Conference. ARCOM, Lincoln, UK, pp. 145-154, Proceedings of 31st Annual ARCOM Conference, 9/09/15.

Integrating value, risk and environmental management at the strategic definition stage. / Alaqad, Mohammed; Gidado, Kassim; Piroozfar, Poorang.

Proceedings of 31st Annual ARCOM Conference. Lincoln, UK : ARCOM, 2015. p. 145-154.

Research output: Chapter in Book/Conference proceeding with ISSN or ISBNConference contribution with ISSN or ISBNResearchpeer-review

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Alaqad M, Gidado K, Piroozfar P. Integrating value, risk and environmental management at the strategic definition stage. In Proceedings of 31st Annual ARCOM Conference. Lincoln, UK: ARCOM. 2015. p. 145-154