Title Development of Pre-workshop Phase for the VE application at the Early Planning Stage of the Mega Project
Authors Ha, Seung-Ryong ; Hyun, Chang-Taek ; Son, Myung-Jin ; Kim, Yun-Sik
Page pp.29-39
ISSN 1229-7534
Keywords Mega-Projects ; Planning Phase ; VE Team Building ; Quality Model Performance Indexes ; Space Model
Abstract In Korea, many mixed-used development projects(MXD) in mega project size are currently active. As these mega projects require long-term construction and execution and involve by different subjects in different fields, their completion breeds various problems, such as conflicts among project participants due to their complicated interest relationships and inaccuracy in predicting the economic performance of the projects due to inappropriate facility capacity planning. To solve these problems, it is essential to apply value engineering (VE) at the planning phase of the project, which can result in the best possible cost reduction and improvement of project performance. However, not many projects are actually implementing VE because of the lack of available information, as well as the limitations due to uncertainty in the early period of project execution. Therefore, this study aimed at proposing VE Team Building, Quality Model Performance Indexes, Space Model so as to resolve common mega project problems and overcome VE application limitations at planning stage. The result of this study is expected that the data can be utilized as basic data to apply VE at the planning phase of the large complex projects