MANAGEMENT OF NON-MONETARY ATTRIBUTES FOR VALUE ENGINEERING IN CONSTRUCTION PROJECTS

Abstract

The ability to optimise resources is key to a sustainable project. It is shown that projects can control their resources better with value engineering. Non-monetary attributes are often neglected as they cannot be valued without proper methods. Therefore, this research aims to contribute towards the value engineering element in defining the non-monetary attributes in construction projects. Data were collected through document review, MentiMeter, Google Form and expert interviews. The data was then analysed using content and statistical analysis. Based on the document review, thirty-six non-monetary attributes were extracted. Ten were chosen to be further explored. The ten non-monetary attributes are job security, expectation, safety and health, qualification, customer satisfaction, progress efficiency, reputation, energy consumption, carbon emission and renewable energy. These attributes were later studied to find the factors affecting the non-monetary attributes.