| Title |
Establishing the Strategy of Effective Construction VE for Construction Firms |
| Authors |
Park, Chan Young ; Yun, Sungmin ; Lee, Dong-Eun |
| DOI |
https://dx.doi.org/10.6106/KJCEM.2021.22.2.080 |
| Keywords |
Construction VE; Importance Performance Analysis; Construction Firm Strategy |
| Abstract |
Shortage of SOC budget and inappropriate initial construction cost planning have worsened the economic sentiment of the construction firm. Construction VE can be one of the solutions for improving the profitability of construction projects. This study identifies the strong and weak points of construction firms for establishing the strategy of effective construction VE by using importance-performance analysis. As a result, construction firms have strong points on support, cooperation, and knowledge about construction VE, but have weak points on ?VE experience of VE leader?, ?Detailed cost estimation?, and ?Idea generation and evaluation?. This paper contributes to establishing the strategy of effective construction VE from the perspective of the construction firm, which is differentiated from previous studies that have focused on the institutional approach for construction VE. |