Chapter 18: General Summary on Value Management Globally

This chapter concludes the entire value management (VM) practice in the selected countries. Also, it gives additional perspective about the application and functionality of VM practice in other aspects that are different from the ones identified in various sections of this book. It combines both VM and value engineering (VE) practices and highlights their importance by comparing similarities and relevant ways in which their implementation could help getting the desired project (of an identified sort). Furthermore, it researches the difficulties in engaging both VM and VE practices by explaining in detail some of these challenges and possible ways by which solutions could be coined from addressing them. Resources needed to carry out both studies are represented in subsections of the chapter to balance practice in the past and the one to be implemented now.