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Value management in construction

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Contacts:<br />

The follow<strong>in</strong>g website gives general <strong>in</strong>formation<br />

with regard to the With<strong>in</strong>gton Community<br />

Hospital:<br />

http://www.southmanchesterpct.nhs.uk/treatmen<br />

t-and-care/with<strong>in</strong>gton_diagnostic.htm<br />

For specific <strong>in</strong>formation on the<br />

VM studies contact<br />

Andrew Jowett, National Operations Manager,<br />

Interserve Health:<br />

t: 0121 344 4888<br />

e: Andrew.Jowett@<strong>in</strong>terserveprojects.com<br />

w: http://www.<strong>in</strong>terserveplc.co.uk/<br />

projectservices/build<strong>in</strong>g/regional+build<strong>in</strong>g/<br />

nhs+procure+21.htm<br />

Any Feedback on this Case Study?<br />

Please contact the OGC Service Desk:<br />

t: 0845 000 4999<br />

e: servicedesk@ogc.gsi.gov.uk<br />

This case study has been compiled us<strong>in</strong>g<br />

<strong>in</strong>formation supplied by members of the Institute<br />

of <strong>Value</strong> Management, www.ivm.org.uk<br />

It also uses the OGC Achiev<strong>in</strong>g Excellence<br />

<strong>in</strong> Construction Procurement Guide 4 (AE4) –<br />

Risk and <strong>Value</strong> Management (order code:<br />

CP0064).<br />

AE4 summarises the key pr<strong>in</strong>ciples of risk and VM<br />

<strong>in</strong> the context of <strong>construction</strong> projects and<br />

describes the practical steps that need to be taken<br />

over the project life.<br />

Summary of changes<br />

Before:<br />

The project lacked procurement structure.<br />

After:<br />

VM used to reduce uncerta<strong>in</strong>ty and provide<br />

structure to the procurement.<br />

Benefits:<br />

■ def<strong>in</strong>ed a clear mission statement and<br />

key value drivers<br />

■ improved relationships and collaboration<br />

■ improved use of space<br />

■ project delivered with<strong>in</strong> budget.<br />

This document is <strong>in</strong> the public doma<strong>in</strong> and is shared here by RSS Construction Projects Ltd - www.rssprojects.com<br />

37

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