Welcome to Quantity Surveying and Construction Procurement

Assalamualaikum and dear all,

This blog compliments teaching and learning for courses that I facilitate at the International Islamic University Malaysia (IIUM). The contents serve to further 'connect' students to the 'real world' (quantity surveying, construction procurement and others). In trying to provide current information to students, I will be quoting or reproducing works of others and for this I am grateful. I will indicate clearly the source(s). I hope I will not offend anyone; and many will frequent this blog and benefit from its contents.

Thank you and wassalam.

Prof. Sr. Dr. Khairuddin Abdul Rashid

Tuesday, January 11, 2011

Value management for projects in the public sector

Salam and dear all,
  • The government has made it mandatory for projects worth RM50 mil and above to undergo value management or VE (EPU).
  • The objectives of the VE exercise include to see if the projects fit into the government's overall development objectives and to assess the potential spin-off linkages for the economy (see The Star 11th January 2011) here: Govt management labs to assess big projects.
Wassalam

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