Advantages And Disadvantages Of Value Management

In this paper, the definition and description of what a case study is, what are some reasons for using a case study, what are some disadvantages and advantages of this approach? Also included in this paper I will talk about what are some of the ways a researcher can acquire information that can is used for a case study. A case study can be defined as a descriptive account of the behavior, history, and other relevant factors concerning a particular individual (Cozby, Bates, 2012).

Q1) Discuss the benefits to Balfour Beatty of using critical path analysis in order to plan its construction projects. (15 marks)

It is important with any project to involve the key stakeholders from the very beginning. This will help make the projected project plan as robust as possible and would also help to make the top management team more away of the plan. In order to make an accurate assessment of what is needed to complete this project it is important to identify the key stakeholders. The following people have been identified as the stakeholders.

The project had regular meetings with the team members. These meetings were used to evaluate the progress of the project. At these meetings we evaluated the project. We also discussed how to proceed in order to plan our upcoming activities.

When communicating with our clients, Holder Construction Group will focus on key points that the clients should know about us. These key points have been mentioned and explored in the earlier part of the report, and they have been repeated several times.

A case study is a simple tool researchers can use to gather data.  Within the textbook, a case study is described as a detailed analysis of a selected individual over a span of time (Newman, 2011, sec. 3.2).  Case studies can be quite useful because they are simple, easy to conduct, and require less involvement to achieve a result.  Oftentimes, the researcher will observe an individual and record data over a specific amount of time.

There are four phases in the project life cycle: Initiation, Planning, Implementation, and project Closeout. In the Initiation stage, needs, problems, and opportunities are identified. In this phase, objectives of the project are stated, and ideas to address the problems is developed. In the initiation phase of the Chase Retail Complex project, the opportunity to construct a retail complex is identified, Chase Opportunity has a vision to construct four 10,000 square foot structures. This retail complex will generate adequate revenue to justify the expenditure of the project. This phase additionally involves recruitment of essential personnel such as the project manager, in which Chase has selected me as

From the outside looking in, it would appear that the biggest contributing factor to the failure of the project was poor planning. It would be my recommendation to these two that the next time they implement a functional strategy. These strategies, “are narrower in scope than business strategies and deal with the activities of the different functional areas of the business production, finance, marketing, human resources and the like” (Rue, Byars, Ibrahim 2013).

Research questions in case study design begin with ‘how and why’ (Yin, 2003) and determine the type of case study. The main function of the questions is to keep the researcher focused and on track (Zucker, 2001).The following questions fit the planned instrumental, and exploratory/descriptive single case study design:

This article is based off a current phase of Value Project research. The article states facts and ideas about the progression of today 's healthcare service. It offers promises of rising reconfiguration of cost structure while changes are being made to the healthcare system. This is brought on with the question being asked who, how and where the health service information is being accessed. The author is sure to make the reader aware that there is a difference between reconfiguring healthcare and reducing the price in healthcare. Along with making the reader aware that work has to be done to sustain the gains of the organization achievements. The key points that will be discussed in this article is, Labor cost and productivity improvements, Supply chain, Investing in the transition to Value, Financing the transition to value and Investing in Innovation.

Case study research can also be characterized for its rationale and contribution to the pretended theory. This way, based on the researcher’s purpose, the study can be descriptive, explicative and predictive. Maxwell also shares that case studies act as exploratory studies, who’s function is an initial unearthing of theories, methods or researchers’ ideas towards the studied phenomenon (1998). The practice of using case studies for research, must include methods for gathering facts with measures and general rules that must be followed (Yin, 2008). The protocol for the standard conduction of case studies is imperative when studying various cases, and often recommended for a single case (Yin, 2008). This code of behavior serves as a guide for the researcher, and

Case study research is the in-depth study of instances of a phenomenon in its natural context and from the perspective of the participants involved in the phenomenon. (Gall, Gall, & Borg, 2003, p. 436)

This paper concentrates on the identification of a proposed organisation structure for the Design and Build Contractor for the Park Terrace Project on behalf of Abbey University (the Client).

The case study of utility contractors was undertaken. Yin (2003) recommends the used of case study when the focus

Another key area that is necessary for the successful completion of the client construction project is the organization for the site meetings. Through a properly planned and conducted site meeting, much can be accomplished since well planned meetings enhance positive achievement, (Shmueli, Pliskin & Fink, 2016, pg 400). However, meetings with no pre-planning will tend to accomplish very little, and always result into a waste of time which is one of the most valuable resources. According to (Shmueli, Pliskin & Fink, 2016, pg 399), for the construction project, personnel have the right to call on the meetings which can be convened by both the Principal Contractor and the organization’s Key Personnel such as the construction Manager, Project Manager, Estimator and the Accountant. In the meeting some of the most important issues that can be discussed comprise of the feasibility of the Project. Generally, feasibility of the any project is based on the project’s Tender Documents.