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Article: Theory and practice in value management: A reply to Ellis et al. (2005)

TitleTheory and practice in value management: A reply to Ellis et al. (2005)
Authors
KeywordsBest practice
Diffusion
Dramaturgical metaphor
Methodological decay
Value management
Issue Date2007
PublisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/01446193.asp
Citation
Construction Management And Economics, 2007, v. 25 n. 6, p. 649-659 How to Cite?
AbstractThe constructivist model of 'soft' value management (VM) is contrasted with the VM discourse appropriated by cost consultants who operate from within UK quantity surveying (QS) practices. The enactment of VM by cost consultants is shaped by the institutional context within which they operate and is not necessarily representative of VM practice per se. Opportunities to perform VM during the formative stages of design are further constrained by the positivistic rhetoric that such practitioners use to conceptualize and promote their services. The complex interplay between VM theory and practice is highlighted and analysed from a non-deterministic perspective. Codified models of 'best practice' are seen to be socially constructed and legitimized through human interaction in the context of interorganizational networks. Published methodologies are seen to inform practice in only a loose and indirect manner, with extensive scope for localized improvization. New insights into the relationship between VM theory and practice are derived from the dramaturgical metaphor. The social reality of VM is seen to be constituted through scripts and performances, both of which are continuously contested across organizational arenas. It is concluded that VM defies universal definition and is conceptualized and enacted differently across different localized contexts.
Persistent Identifierhttp://hdl.handle.net/10722/135457
ISSN
2023 Impact Factor: 3.0
2023 SCImago Journal Rankings: 0.874
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorGreen, SDen_HK
dc.contributor.authorLiu, AMMen_HK
dc.date.accessioned2011-07-27T01:35:23Z-
dc.date.available2011-07-27T01:35:23Z-
dc.date.issued2007en_HK
dc.identifier.citationConstruction Management And Economics, 2007, v. 25 n. 6, p. 649-659en_HK
dc.identifier.issn0144-6193en_HK
dc.identifier.urihttp://hdl.handle.net/10722/135457-
dc.description.abstractThe constructivist model of 'soft' value management (VM) is contrasted with the VM discourse appropriated by cost consultants who operate from within UK quantity surveying (QS) practices. The enactment of VM by cost consultants is shaped by the institutional context within which they operate and is not necessarily representative of VM practice per se. Opportunities to perform VM during the formative stages of design are further constrained by the positivistic rhetoric that such practitioners use to conceptualize and promote their services. The complex interplay between VM theory and practice is highlighted and analysed from a non-deterministic perspective. Codified models of 'best practice' are seen to be socially constructed and legitimized through human interaction in the context of interorganizational networks. Published methodologies are seen to inform practice in only a loose and indirect manner, with extensive scope for localized improvization. New insights into the relationship between VM theory and practice are derived from the dramaturgical metaphor. The social reality of VM is seen to be constituted through scripts and performances, both of which are continuously contested across organizational arenas. It is concluded that VM defies universal definition and is conceptualized and enacted differently across different localized contexts.en_HK
dc.languageengen_US
dc.publisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/01446193.aspen_HK
dc.relation.ispartofConstruction Management and Economicsen_HK
dc.subjectBest practiceen_HK
dc.subjectDiffusionen_HK
dc.subjectDramaturgical metaphoren_HK
dc.subjectMethodological decayen_HK
dc.subjectValue managementen_HK
dc.titleTheory and practice in value management: A reply to Ellis et al. (2005)en_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0144-6193&volume=25&issue=6&spage=649&epage=659&date=2007&atitle=Theory+and+practice+in+value+management:+a+reply+to+Ellis+et+al.+(2005)en_US
dc.identifier.emailLiu, AMM:ammliu@hkucc.hku.hken_HK
dc.identifier.authorityLiu, AMM=rp01432en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1080/01446190601161473en_HK
dc.identifier.scopuseid_2-s2.0-34250725359en_HK
dc.identifier.hkuros188753en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-34250725359&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume25en_HK
dc.identifier.issue6en_HK
dc.identifier.spage649en_HK
dc.identifier.epage659en_HK
dc.identifier.isiWOS:000213224800008-
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridGreen, SD=7403568413en_HK
dc.identifier.scopusauthoridLiu, AMM=7402583118en_HK
dc.identifier.issnl0144-6193-

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