Contribution of value management in UiTM' s PFI project / Mohad Safrin Mohamad Rasdi

Value management approach has been applied to construction industry for many years ago. That is the most successful approach to ensure value for money and buildability for the project and Private Financial Initiative (PFI) is one of the methods of funding the project. Government of Malaysia seriously implementing the PFI approach at the end of the Ninth Malaysia Plan (RMK Ke-9). UiTM has been awarded by the government to build 12 new campuses with PFI approach. The construction of the campuses construct with 2 phases. Value management approach in UiTM start to implement for phase two project. So, this research is intent to understand value management approach in PFI project in UiTM. This research also intent to define the contribution of value management approached in PFFs UiTM. Content of this research include in-depth study about PFI concept implement in UiTM. Studies include their characteristic, their procurement method and also their structure of communication in term of contract relationship. This research also covers about value management practice in UiTM as a part of the tool to control the overall project.