Towards a project alliance value for money framework

Abstract

Purpose This paper aims to present and describe a value for money framework that can be used on alliance projects to improve the consideration of, and reporting of, value for money. Design/methodology/approach Development of the framework used a combination of interviews with domain experts, reflection on practice and a Delphi panel to develop and refine a value for money/best value outcome framework for alliance projects. Findings The results indicate that a robust framework for demonstrating value for money in an alliance project is feasible, and a framework was developed and tested through the Delphi panel. Research limitations/implications The paper briefly describes the research approach but focuses on the outcome rather than the process. Practical implications The research aim of this paper is to expand the conceptual view and to illustrate how a practical assessment of value for money in project alliancing can be achieved. It presents the framework and describes it in sufficient detail for readers to be able to adopt and adapt it. Social implications Value for money in infrastructure projects has profound implications for society; this extends and enhances techniques used to assure value for money. Originality/value The paper provides a value for money framework across the whole project design to delivery cycle.

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