https://doi.org/10.24928/2018/0239
Identifying Value Enhancing Factors and Applicability of Visual Management Tools
Vyoma Vipul Patel1, Nimitt Karia2 & Devanshu Pandit3
1Undergraduate student, Faculty of Technology, CEPT University, Ahmedabad, India, +91 99785 01302, [email protected]2Managing Partner, development2020 and visiting professor, CEPT University, Ahmedabad, India, +91 98797 99213, [email protected]
3Professor, Faculty of Technology, CEPT University, Ahmedabad, +91 7698987575, [email protected]
Abstract
A significant amount of capital has been invested in AECO industry for many decades to support public and private initiatives. Therefore, getting reasonable value from the investment is pivotal for any developing nation. Interpretation of the value varies according to the importance and influence of the stakeholders in the project hence knowing its perception is significant. Maximising value is one of the foundations of the lean construction approaches. On the other hand, as Indian construction industry is gearing up for lean construction and its applications, understanding the meaning of the value in local context become significant. Moreover, visual management and its applications in construction have shown promising results. Therefore, how well they can address value maximization in Indian construction context is answered via conducted research. This paper helps to understand the perception of the value in the Indian construction industry through semi-structured interviews of construction professionals. Additionally, value increasing factors are identified in the construction phase of the project, subsequently; lean visual tools are applied to identify factors. The results demonstrate that the visual management tools have potential to increase value in the construction phase of Indian construction projects.
Keywords
Value, Visual Tools, Construction phase, Factors, Indian construction projects
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Reference
Patel, V. V. , Karia, N. & Pandit, D. 2018. Identifying Value Enhancing Factors and Applicability of Visual Management Tools, 26th Annual Conference of the International Group for Lean Construction , 282-293. doi.org/10.24928/2018/0239
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Founded in 1993, the IGLC is an international network of researchers from practice and academia in architecture, engineering, and construction (AEC) who feel that the practice, education, and research of the AEC industry have to be radically renewed in order to respond to the global challenges ahead.
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