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VALUE MANAGEMENT
ON S HOTEL
Introduction
● Done throughout entire construction process. ( Inception to completion)
● Not a cost cutting tool.
● Provides better value for money in terms of cost,time, quality and performance.
● Used to reduce risks.
2
Purpose of Value Management
● Value Engineering & Value Management are systematic team based approach to achieve
better value and cost optimization of project without affecting the performance level.
● In 1980’s value engineering was developed to value management
Benefits of Value Management
● Value Management study identifies and removes unnecessary cost with alternative
design solutions while maintaining performance and quality.
● Value Management provides better value and better quality building.
● Value Management provides better focus on the projects and also to the client’s
objectives.
● Value Management cultivates and improves relationships.
● Value Management tends to work more on effective design.
● Precise and clear project brief and decision making.
3
Benefits of Value Management
● Value Management improves efficiency in a project.
● Value Management study can promote communication and common knowledge.
● Decisions are made with great confidence and knowledge as it can be supported by data
and performance criteria.
● Value Management enhances competitiveness.
4
5
Project Name S Hotel
Land Size 1,500 m2
Project Status A new development project which is in 35% of the design
stage
No. of Floors 11- storeys of the hotel consists of:
- 7 storeys of typical floor guest rooms
- One storey of the mechanical level
- First floor of hotel lobby
- Ground floor and one floor of basement parking
6
7
Layout Plan
8
Layout Plan
Value for
Money.
9
Objectives of VM study
Life Cycle Cost Increase Building
Efficiency
Eliminate Unnecessary
Function
10
All costs incurred
during the whole
lifespan of the
building must be
evaluated and
examined.
Increase rentable
area in hotel so that
client will earn
more revenue from
his business.
Potential savings can
be gained by removing
spaces which do not
bring necessary
functions to the basic
function of hotel.
9
personnel
11
3 Value study leaders
1 Architect
1 Structural Engineer
2 QS
1 M&E Engineer
1 Specialist Planning Consultant
VM study undertaken
Information
40-hour
management
workshop
Implementation
12
Design and other crucial
information was obtained
from client and existing
project design team through
interviews
Day 1: Examine the issues of project
Day 2: Study on spatial configuration
Day 3: Study element and components of the
design
Day 4: Transform the ideas into value proposals
Day 5: Finalized and conduct a presentation
Complete report must the
produced within one week
VM TOOLS & TECHNIQUES
13
FAST DIAGRAM
1
14
Shows the logical relationship between functions of a
project
15
Location of doors in guestrooms
16
Why solid wood door?
Solid wood door guarantee
the guests a perfect room
acoustics by reducing the
external noise amplitude.
17
COMPOUND APPROACH
2
18
Function increase, cost decrease
19
Why hollow core slab?
Quality Control
Mixing, pouring and curing
process is done in factory with
ideal conditions.
Labour Efficiency
Less workers required on site.
Weather
Not affected by raining as it is
already casted.
Longer Span
Lesser supporting columns which
act as obstacles
Cast ahead of time
Casting can be done ahead of
time, holding them until they are
needed
Cost Savings
Around 20% cheaper than
cast-in-situ slabs
20
Cost Reduction
Approach
3
21
Function remains, cost reduces
22
Why eliminating skylights?
Overheating
Large amount of
sunlight in Malaysia
which cannot be
controlled to come
through the skylights.
Uncomfortable
Unpleasant glare to
the surface, causing
discomfort for guests
to do activities in
podium.
Cleaning is difficult
A hectic job as it is
located in the roof.
23
Cost
Installation and
maintenance cost of
skylight is expensive.
SPACE FUNCTIONAL
ANALYSIS
4
24
25
Space Function Analysis (Podium Floor)
26
Proposed Change in Design (Podium Floor)
27
Floor Efficiency (Podium Floor)
PRIORITY SETTING
MATRIX
5
28
29
Change corridor lightning
30
Change corridor lightning
31
LED light
Long lifespan
LED light is a energy
saver bulbs and the
consumption of
energy is less
No infrared radiation
LED light do not
produce infrared
radiation which will
lead to eyesight loss.
Energy efficient
Low lighting costs
since they consume
less energy
32
Wall finishes for guest room
33
Wall finishes for guest room
34
Plaster & Paint
Inexpensive
Affordable option
Ease of application
In a case where you are painting over
a damaged wall, you can apply primer
paint in advance to applying paint
over a darker colour. This shortens
your preparation time and makes the
process easier.
Universally applicable
It is applicable to any rooms in
hotel, unlike wallpapers cannot
apply in high moisture rooms.
Correcting mistakes
A painting mistake can easily be
painted over creatively. In the case of
wallpapers, rectifying mistakes is
tougher and requires more scrapping.
35
COST ANALYSIS
36
Change to sound
insulated solid
wood doors in
guest rooms
37
Use of Precast
Hollow Core
Slabs
38
Eliminate glass
skylights in roof
covering
39
Enlarge the dining
lounge area
40
Change corridor
lightning from
Fluorescent Light
to LED light
41
Change wall
finishes from
wallpaper to
plaster & paint
42
Cost Summary
43
Action Plan
44
CONCLUSION &
RECOMMENDATION
45
Highly recommended to implement VM in early
design stage
Identification of client’s requirements is the key
benefit
THANK YOU

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Assignment - S Hotel (Presentation Slide)

  • 2. Introduction ● Done throughout entire construction process. ( Inception to completion) ● Not a cost cutting tool. ● Provides better value for money in terms of cost,time, quality and performance. ● Used to reduce risks. 2 Purpose of Value Management ● Value Engineering & Value Management are systematic team based approach to achieve better value and cost optimization of project without affecting the performance level. ● In 1980’s value engineering was developed to value management
  • 3. Benefits of Value Management ● Value Management study identifies and removes unnecessary cost with alternative design solutions while maintaining performance and quality. ● Value Management provides better value and better quality building. ● Value Management provides better focus on the projects and also to the client’s objectives. ● Value Management cultivates and improves relationships. ● Value Management tends to work more on effective design. ● Precise and clear project brief and decision making. 3
  • 4. Benefits of Value Management ● Value Management improves efficiency in a project. ● Value Management study can promote communication and common knowledge. ● Decisions are made with great confidence and knowledge as it can be supported by data and performance criteria. ● Value Management enhances competitiveness. 4
  • 5. 5 Project Name S Hotel Land Size 1,500 m2 Project Status A new development project which is in 35% of the design stage No. of Floors 11- storeys of the hotel consists of: - 7 storeys of typical floor guest rooms - One storey of the mechanical level - First floor of hotel lobby - Ground floor and one floor of basement parking
  • 6. 6
  • 10. Objectives of VM study Life Cycle Cost Increase Building Efficiency Eliminate Unnecessary Function 10 All costs incurred during the whole lifespan of the building must be evaluated and examined. Increase rentable area in hotel so that client will earn more revenue from his business. Potential savings can be gained by removing spaces which do not bring necessary functions to the basic function of hotel.
  • 11. 9 personnel 11 3 Value study leaders 1 Architect 1 Structural Engineer 2 QS 1 M&E Engineer 1 Specialist Planning Consultant
  • 12. VM study undertaken Information 40-hour management workshop Implementation 12 Design and other crucial information was obtained from client and existing project design team through interviews Day 1: Examine the issues of project Day 2: Study on spatial configuration Day 3: Study element and components of the design Day 4: Transform the ideas into value proposals Day 5: Finalized and conduct a presentation Complete report must the produced within one week
  • 13. VM TOOLS & TECHNIQUES 13
  • 14. FAST DIAGRAM 1 14 Shows the logical relationship between functions of a project
  • 15. 15
  • 16. Location of doors in guestrooms 16
  • 17. Why solid wood door? Solid wood door guarantee the guests a perfect room acoustics by reducing the external noise amplitude. 17
  • 19. 19
  • 20. Why hollow core slab? Quality Control Mixing, pouring and curing process is done in factory with ideal conditions. Labour Efficiency Less workers required on site. Weather Not affected by raining as it is already casted. Longer Span Lesser supporting columns which act as obstacles Cast ahead of time Casting can be done ahead of time, holding them until they are needed Cost Savings Around 20% cheaper than cast-in-situ slabs 20
  • 22. 22
  • 23. Why eliminating skylights? Overheating Large amount of sunlight in Malaysia which cannot be controlled to come through the skylights. Uncomfortable Unpleasant glare to the surface, causing discomfort for guests to do activities in podium. Cleaning is difficult A hectic job as it is located in the roof. 23 Cost Installation and maintenance cost of skylight is expensive.
  • 25. 25 Space Function Analysis (Podium Floor)
  • 26. 26 Proposed Change in Design (Podium Floor)
  • 31. 31 LED light Long lifespan LED light is a energy saver bulbs and the consumption of energy is less No infrared radiation LED light do not produce infrared radiation which will lead to eyesight loss. Energy efficient Low lighting costs since they consume less energy
  • 32. 32 Wall finishes for guest room
  • 33. 33 Wall finishes for guest room
  • 34. 34 Plaster & Paint Inexpensive Affordable option Ease of application In a case where you are painting over a damaged wall, you can apply primer paint in advance to applying paint over a darker colour. This shortens your preparation time and makes the process easier. Universally applicable It is applicable to any rooms in hotel, unlike wallpapers cannot apply in high moisture rooms. Correcting mistakes A painting mistake can easily be painted over creatively. In the case of wallpapers, rectifying mistakes is tougher and requires more scrapping.
  • 36. 36 Change to sound insulated solid wood doors in guest rooms
  • 45. 45 Highly recommended to implement VM in early design stage Identification of client’s requirements is the key benefit