Critical Obstacles in the Implementation of Value Management of Construction Projects

At present, the construction industry in China has problems such as low production efficiency, technical management efficiency of project, delayed delivery, budget overruns, and unreasonable risk allocation. Value can address these issues by enhancing value projects China, reducing costs, ensuring significant investment returns. This study uses literature analysis to identify critical obstacles adopting questionnaires surveys, structural equation modeling, factor prioritize management. What is more, main contribution this research adoption management, which provides a new perspective for related specific positive significance practice summary reform direction. The was limited region Tianjin its surrounding cities. survey respondents are architects, quantity surveyors, contractors, civil engineers, service engineers with rich experience results show that key implementing mainly divided into four categories: Environmental Factors; Stakeholder Management Technological Information Factors. In addition, researchers found level deficient. not used most organizations surveyed, project teams did concept.