By George Obua | Project Leader
Value for Money project: KIFA
In the month of June ending 30, 2025: we are grateful to report to you that, the team of members of Board – Kole intellectual Forum has been conduct what is called value for money project to evaluate or to assess delivery of goods, products and/or services rendered by their various project stakeholders if at tall it has the predetermined objectives in terms of resources allocated for.
The assessment focused on ways by which the required value for money is achieved in their two projects, that includes detailed risk analysis and appropriate risk allocation, drive for faster project completion, curtailment in project cost escalation, encouragement of innovation in project development, preparation of a detailed specification etc.
Highlighted, among management tools that was assessed was how the achievement of the desired value for money (VFM) brought about project Life Cycle Cost analysis, Value Management, Building Information Modelling, and Lean Construction methods.
By George Obua | Project Leader
By George Obua | Project Leader
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