Published on behalf of the Chartered Institute of Building and endorsed by a range of construction industry institutes, this book explains the underlying concepts of value and risk, and how they relate to one another. It describes the different issues to be addressed in a variety of circumstances and at all stages of a project's life and reviews a number of commonly used and effective techniques, showing how these may be adapted to suit individuals' styles and circumstances.

* Published on behalf of the Chartered Institute of Building with cross-industry institutional support
* Combines value and risk management which are often considered, wrongly, in isolation
* Makes a complicated subject accessible to a wide audience of construction practitioners
* Features checklists and proformas to aid implementation of best practice
* Author has extensive practical experience of the subject

About the Author

Michael Dallas grew up on a farm in Sussex in the period of post war austerity in the 1950s. He was educated at Sherborne School and Cambridge University, gaining degrees in Natural Sciences and Chemical Engineering. This background gave him a very practical view on life, appreciating value, abhorring waste, needing to innovate and manage day to day risk. His career has involved building Dams, Pipelines and Water Treatment Works, manufacturing fibre reinforced concrete products and extensive Project Management. In the late 1980s he first encountered Value Engineering and quickly recognised its potential to address many of the key issues of successful project management and its close relationship with Managing Risk.

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