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Value Management Assignment (Slides)
- 1. Value Management of PalmzResort A collaboration project by BinaMok Value Management Consultant Team
- 2. The Team Members: Chin WengLok Darren Loong Chi Yoong Lee Jian Ru Liu Wei Qian Mok Po Yi Pang Khai Shuen Sherlyn Ang Tse Yun
- 3. Project Description -Located inPort Dickson, Negeri Seremban -Accessible via the North-South Expressway and the Port Dickson - Seremban highway - A resort-style suite, offering unparalleled level of luxury and comfort -Large free-form swimming pool, well-landscaped garden
- 4. Project Description -An amazingview of the sea beach and sunsets -Total development area : Approximately 8.01 acres (32,415 m2) - 5 blocks building with 17 storey height -Total of 800 units of room
- 5. Client’s Objective ● ToMaximise Profit
- 6. VM Objectives: Objective 1:Maximising Floor Efficiency ● Resort will be rent out ● More usable spaces = more profit ● Keep construction costs generally the same Objective 2: Balancing Capital Costs & Lifecycle Costs ● Client is planning to operate the resort ● A slightly higher capital costs may be justified with a lower operation cost
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- 9. Function Analysis Function analysisas a Whole (project concept) Item Project Function Type of function Verb Noun 1 Palmz resort Accommodate Guest Basic function
- 10. Function analysis at space level(Podium)
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- 12. Proposed Change inDesign Event hall Guest room Cater event Accommodate guests Unnecessary function Basic function
- 13. Proposed Change inDesign10th floor plan before VM study
- 14. Proposed Change inDesign10th floor plan after VM study
- 15. Proposed Change inDesign
- 16. Proposal for Changeof Finishes - Priority setting matrix and weighted evaluation matrix are used as the value management tool to establish the materials used for this project.
- 17. Proposal for Changeof Finishes A – Capital Cost B – Durability C – Maintenance D – Attractive Finish E – Cleanliness F– Ease of Installation G – Pattern Formation H – Reliability of Supply
- 19. - We havechosen ceramic tiles as our floor finishes and as for our ceiling finishes, we have decided to use plasterboard ceiling. - Even though ceramic tiles has the highest score, we did not adopt it as our finishes as it is not suitable to be applied to the entire apartment. The client is also not fond of flakes finishes. Therefore we have selected wallpaper as our wall finishes.
- 20. Material Selection Components AreaOriginal Material Original Material Prices (RM) Alternative Material Proposed Alternative Material Prices (RM) Flooring Typical Units Timber Flooring RM 336/m2 Ceramic Tiles RM 75/m2 Ceiling Typical Units Suspended Ceiling RM 65/m2 Plasterboard Ceiling RM 60/m2 Wall Typical Units Plaster & Paint RM 46/m2 Wallpaper RM 80/m2 Air- Conditioning Entire Project Variable Refrigerant Flow RM 7,200,000.00 Chilled Water System RM 7,800,000.00
- 21. Floor Finishes Ceramic TilesTimber Flooring - easy to maintain - it’s waterproof - easier to cut manually - can be made to fit any space - it is not recommended for wet areas - some maintenance may be required (standing, staining, waxing & polishing)
- 22. Ceiling Finishes Plasterboard CeilingSuspended Ceiling - requires more physical work and finishing work - provides more head room with higher ceilings - not as durable and aesthetically pleasing as plasterboard - tends to absorb the moisture and begins to get weighted down and over time
- 23. Wall Finishes Wallpaper Plaster& Paint - better aesthetics - more durable - more flexible in changing designs - plaster tends to get damaged and sometimes even changes colour - requires repairing when plaster cracks
- 24. Air-conditioning Description Chilled WaterSystem VRF Operation Cost Lower Higher Safety Safer Dangerous Maintenance Easier Troublesome Aesthetics Doesn’t affect Limitation on architectural design Building Cooling Load Cater for large buildings Cater for small buildings only
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- 28. Thank You Please giveus an A thank you!