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- W627706168 abstract "By the means of urban regeneration, municipalities aim to increase the current value of an urban area. This so called ‘value improvement’ is obtained when extra performances achieved by urban regeneration outrun the life cycle costs for it. This implies that if both parameters are quantified the decision making process becomes more transparent. Nevertheless, practice at municipalities show differently. On the one hand, decisions regarding urban regeneration are based solely on investment costs. On the other hand, extra performances obtained by urban regeneration are described in qualitative manners. It is hypothesized that both shortcomings result in sub-optimal decision making. More optimal decision making is believed to be achieved by applying Value Engineering (VE) during the earlier stages of the design process. Herein, it aims to improve the value of a design by providing modifications that either eliminate costs that do not contribute much to the performance of a project, or adding extra performances for relatively low costs. Most successful implementations showed the use of VE in the product industry. However, very little is known about the insights it might provide, and how to be applied in the fields of urban regeneration. For that reason a methodology is developed in this research to apply VE in the fields of urban regeneration." @default.
- W627706168 created "2016-06-24" @default.
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- W627706168 date "2014-07-14" @default.
- W627706168 modified "2023-09-26" @default.
- W627706168 title "Towards value increase in urban regeneration: A study of how value engineering could be used in order to increase the value of urban regeneration projects" @default.
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