Thesis Abstract

Abstract
This thesis explores the critical aspects of cost estimation and value engineering in the context of green building construction projects. The construction industry has witnessed a growing emphasis on sustainable practices, leading to the emergence of green building projects that aim to reduce environmental impact and promote energy efficiency. However, the integration of green building principles often presents unique challenges in terms of cost estimation and value engineering. This research seeks to address these challenges by investigating strategies and methodologies that can optimize cost estimation and enhance value engineering in green building construction projects. The study begins with a comprehensive review of the existing literature on cost estimation and value engineering in the construction industry, focusing specifically on green building projects. The literature review highlights key concepts, theories, and best practices related to cost estimation and value engineering, providing a solid foundation for the subsequent research. The research methodology chapter outlines the approach adopted in this study, including data collection methods, sampling techniques, and data analysis procedures. The methodology section also describes the tools and techniques utilized to evaluate cost estimation practices and value engineering strategies in green building construction projects. Findings from the study reveal that while cost estimation in green building projects can be more complex due to the integration of sustainable materials and technologies, value engineering offers opportunities to optimize project costs without compromising environmental performance. The discussion of findings chapter provides a detailed analysis of the research results, highlighting best practices and recommendations for improving cost estimation and value engineering in green building construction projects. In conclusion, this thesis underscores the importance of incorporating sustainable practices into cost estimation and value engineering processes in green building construction projects. By adopting innovative strategies and leveraging value engineering principles, project stakeholders can achieve cost savings, enhance project value, and contribute to a more sustainable built environment. The findings of this study have practical implications for industry practitioners, policymakers, and researchers seeking to improve cost estimation and value engineering practices in green building construction projects. Keywords Cost Estimation, Value Engineering, Green Building Construction, Sustainable Practices, Project Optimization.

Thesis Overview

The project titled "Cost Estimation and Value Engineering in Green Building Construction Projects" aims to investigate the critical aspects of cost estimation and value engineering in the context of sustainable construction practices. This research seeks to address the growing importance of green building construction and the need for effective cost estimation methods to support sustainable development initiatives. The integration of value engineering principles will also be explored to optimize project costs without compromising environmental performance. The research will commence with a comprehensive literature review to examine existing theories, methodologies, and best practices related to cost estimation, value engineering, and green building construction. This review will provide a solid foundation for understanding the key concepts and principles that underpin the research objectives. Subsequently, the research methodology will be outlined, detailing the approach to data collection, analysis, and interpretation. Various research methods, including case studies, surveys, and interviews, will be employed to gather insights from industry experts, practitioners, and stakeholders in the field of quantity surveying and sustainable construction. The findings of the research will be presented in a detailed discussion that highlights the key challenges, opportunities, and recommendations for enhancing cost estimation and value engineering practices in green building construction projects. The analysis will focus on identifying critical success factors, barriers to implementation, and potential strategies for improving cost efficiency and sustainability outcomes. In conclusion, the research will summarize the key findings and their implications for practice and policy in the field of quantity surveying and sustainable construction. The project aims to contribute valuable insights to the body of knowledge on cost estimation and value engineering in green building construction, offering practical recommendations for enhancing project performance, reducing costs, and promoting sustainable development objectives. Overall, this research endeavor is poised to make a meaningful contribution to the advancement of sustainable construction practices by exploring innovative approaches to cost estimation and value engineering in the context of green building projects.