TY - CONF TI - Identifying Value Enhancing Factors and Applicability of Visual Management Tools C1 - Chennai, India C3 - 26th Annual Conference of the International Group for Lean Construction SP - 282 EP - 293 PY - 2018 DO - 10.24928/2018/0239 AU - Patel, Vyoma Vipul AU - Karia, Nimitt AU - Pandit, Devanshu AD - Undergraduate student, Faculty of Technology, CEPT University, Ahmedabad, India, +91 99785 01302, vyoma.v.patel@gmail.com AD - Managing Partner, development2020 and visiting professor, CEPT University, Ahmedabad, India, +91 98797 99213, nimittkaria@gmail.com AD - Professor, Faculty of Technology, CEPT University, Ahmedabad, +91 7698987575, devanshu@cept.ac.in AB - A significant amount of capital has been invested in AECO industry for many decades to support public and private initiatives. Therefore, getting reasonable value from the investment is pivotal for any developing nation. Interpretation of the value varies according to the importance and influence of the stakeholders in the project hence knowing its perception is significant. Maximising value is one of the foundations of the lean construction approaches. On the other hand, as Indian construction industry is gearing up for lean construction and its applications, understanding the meaning of the value in local context become significant. Moreover, visual management and its applications in construction have shown promising results. Therefore, how well they can address value maximization in Indian construction context is answered via conducted research. This paper helps to understand the perception of the value in the Indian construction industry through semi-structured interviews of construction professionals. Additionally, value increasing factors are identified in the construction phase of the project, subsequently; lean visual tools are applied to identify factors. The results demonstrate that the visual management tools have potential to increase value in the construction phase of Indian construction projects. KW - Value KW - Visual Tools KW - Construction phase KW - Factors KW - Indian construction projects PB - T2 - 26th Annual Conference of the International Group for Lean Construction DA - 2018/07/18 CY - Chennai, India L1 - http://iglc.net/Papers/Details/1551/pdf L2 - http://iglc.net/Papers/Details/1551 N1 - Export Date: 18 April 2024 DB - IGLC.net DP - IGLC LA - English ER -