Abstract

Construction in the Ecuadorian economy accounts for 8.39% of the GDP, being the fourth sector in contribution to the country's production. The activities and items used are the same as those that have been managed in past decades, without generating any type of improvement or reengineering of the processes that are currently applied in other countries. The direct costs in the construction of projects have not changed and little has been developed by applying the current existing methodologies. The Value Analysis in Construction promotes its improvement and innovation, both in materials and processes, which generates substantial savings in the projects, maintaining optimal levels of quality. The PMBOK, a PMI tool that has its extension in construction, determines the standards that professionals must have for the management of construction projects, applying knowledge, skills, tools and techniques to meet project requirements. Both methodologies must be supplied to improve the costs and performance of the projects without affecting their quality. PMBOK and Construction Value Analysis must be mutually complementary to improve and optimize project planning and execution. The objective of this article is to determine how PMBOK and Construction Value Analysis complement each other to improve and optimize project planning and execution. Among the results, it stands out that the Analysis of Construction Value is a tool that the PMBOK must apply to optimize costs and time in the execution of projects, improving the processes that the PMBOK applies.

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