Exploratory Study on the Adoption of Value Management for Construction Development Projects in North Central Nigeria

Abstract

The dearth of input in construction development has necessitated the adoption of value management (VM) techniques for the optimization of available construction resources. This exploratory study assess the level of awareness of adoption, and the prospects and challenges of value management in selected states of North Central Nigeria. This study involved descriptive survey research methodology in which structured questionnaires were purposively administered to a study population of 80 construction industry stakeholders in the nation's states of Niger, Nassarawa, Kogi and the Federal Capital Territory. 59 valid questionnaires were retrieved representing 74% response rate. Mixed technique involving descriptive and inferential statistics were employed in data analysis. Study's findings revealed a general low awareness and low adoption of VM techniques in Nigeria construction projects. Considering prospects the study recommends increased awareness of VM through government policies, academic curriculum emphasis, and capacity building by professional bodies.