PRICE, A. and AL-YAMI, A., 2008. Realizing sustainability through stakeholder management. IN: Proceedings of 2008 joint international symposium of CIB-W055 Construction Industry Economics commission and CIB-W065 Organisation and Management of Construction commission: Transformation Through Construction, Edinburgh, Great Britain, 15-17 November 2008.
A main driver in the creation of sustainable value is the need to satisfy stakeholders in the
process of the delivery of the functional unit through the project or service. Clients may well
be satisfied when the project is delivered but if users, occupants and suppliers are poorly
consulted new ideas and improvements will not be produced and the project may fail to meet
local needs. Each construction project has its own stakeholders who have often different and
conflicting interests associated with the project objectives. Moreover, insufficient stakeholder
consultation and management frequently leads to conflicts and controversies about the
implementation of construction projects and the achievement of best value in that projects.
Thus, the management of vested interests of stakeholders is very paramount for the successful
of the project. This paper provides a methodology for stakeholder analysis during strategic
briefing to help implement sustainable construction. It integrates value management and
sustainability in one study and utilises tools and techniques of value management to realise the
principles of sustainability in a projects.