Applying the Integration of Value Engineering and Risk Management in Road Construction Projects (Case Study: Qazvin, Alamut, Tonekabon Section 5 Main Axis Project)

Abstract

Value management is a systematic approach to achieving project goals. This process is done by evaluating the project goals and how to achieve them. It should be noted that value management is different from risk analysis. Risk analysis attempts to identify the uncertainties in the project implementation process. Combining value management with risk analysis provides a powerful tool for ensuring the success of a project. Risk analysis attempts to identify the uncertainties in the project implementation process. Combining value management with risk analysis provides a powerful tool for ensuring the success of a project. After identifying the strengths and weaknesses of the two management techniques, the necessity of combining these two techniques is stated. Using a Value Engineering (VE) workshop, risks in mass production projects were identified and a questionnaire was prepared in this regard. By distributing questionnaires among managers of mass-producing companies, information was collected about the risks in these projects. SPSS and Lisrel statistical software were used to analyze and summarize the results of the research questions. The AHP method was used with Expert Choice software to rank the existing risks. In this thesis, the risks in construction projects were identified and the results of this research show that the ranking test was determined using the AHP technique: First, the inconsistency index k was calculated to be less than 0.05, which indicates correct and acceptable judgments in pairwise comparisons. Therefore, there is no need to revise the weights and comparisons made. Secondly, among the risks in the implementation of road construction projects, the priority of risks is in the following order: (risk arising from economic factors, risk arising from implementation, risk arising from the employer, risk arising from human resources, risk arising from natural factors, risk arising from political factors - risk arising from the design factor, risk arising from scheduling factors, risk arising from environmental factors, risk arising from legal issues, and risk arising from procurement).