Chapter Eight Value Management in Stealth Construction

Abstract The implementation of value management (VM) principles in stealth construction projects is explored comprehensively in the chapter. It elucidated how VM positively influences various facets of construction, including environmental protection, health and safety, project delivery duration, economy, and aesthetics. Applying VM techniques, such as proactive risk management, resource optimisation, and stakeholder collaboration, is essential for achieving project objectives while ensuring sustainability, efficiency, and stakeholder satisfaction. Furthermore, the chapter emphasises VM’s benefits, challenges, and relevance across all stages of the construction lifecycle, from pre-construction planning to post-construction evaluation, underscoring its integral role in driving continuous improvement and innovation in the construction industry. Overall, the discourse emphasises the importance of VM in optimising outcomes and maximising value in stealth construction projects.