Large infrastructure project is one of significant category in the development of Malaysian construction industry. This type of project has been recognized as a high complexity project with numerous construction risks, large cost involvement, highly technical requirements and divers of resources. Besides, the development of large infrastructure such as highway, railway, Mass Rapid Transit (MRT) and airport are also needed a large investment of public and private sector. To accomplish the development successfully, several challenges has to be determined prior the project commencement. To date, a comprehensive assessment of key success criteria particularly for large infrastructure in developing country such as Malaysia is still not systematically defined and therefore, it needs further investigation. If you are working with MRT infrastructure projects, value management is a critical component of the entire project management attitude since it needs construction key factors to consider perspectives that are both technically sound and strategically sound, as well as behavioural in nature. (Source: Masrom et al., 2015) Outline FIVE (5) of the key aspects of value management that are critical to the success of a project with examples. (25 marks)

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