The non-achievement of projects of best value remains a perennial problem within the construction industry. This paper aims to identify the latent shortcomings affecting the achievement of value for money (VfM) within the Ghanaian construction industry.,From a comprehensive literature review and pilot survey, 18 variables responsible for the non-achievement of VfM were identified. Through purposive and snowballing sampling techniques, a questionnaire was administered to the target professionals. Factor analysis was used to establish the latent shortcomings underlying the same dimensions of VfM achievement in the Ghanaian construction industry.,A total of six components were identified and explained as external factors; institutional culture and policy constraints; technical and decision-making factors; human-related factors and accountability and transparency constraints. The relative importance index was used in analysing the strategies to addressing the shortcomings.,The prevalent situation of poorly delivered projects and the continuous campaign for VfM necessitated the need for a study into explaining the latent shortcomings in achieving VfM within the Ghanaian construction industry. It is recommended that governments give VfM in public projects serious attention. This would help to reduce the overall cost of construction projects without compromising quality. When VfM is taken seriously, governments can save more money and undertake more projects as well as gain public acceptance in terms of transparency and accountability.,This study has set the pace for further research in the VfM analysis by identifying the latent shortcoming, which other developing countries can emulate.

中文翻译：

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确定加纳建筑业在实现物有所值方面的潜在缺陷

不能实现最佳价值的项目仍然是建筑行业中一个长期存在的问题。本文旨在找出影响加纳建筑业实现物有所值（VfM）的潜在缺陷。通过全面的文献综述和试点调查，确定了导致VfM无法实现的18个变量。通过目的性和滚雪球式采样技术，向目标专业人士发放了问卷。使用因素分析来建立加纳建筑业VfM成就相同维度下的潜在缺陷。总共确定并解释了六个要素作为外部因素；制度文化和政策约束；技术和决策因素；与人有关的因素以及问责制和透明度约束。相对重要性指数用于分析解决缺陷的策略。交付情况较差的项目的普遍状况以及VfM的持续开展，有必要进行研究，以解释加纳建筑业实现VfM的潜在缺陷。建议政府对公共项目中的VfM给予认真的关注。这将有助于在不影响质量的前提下减少建设项目的总成本。当认真对待VfM时，政府可以在透明度和问责制方面节省更多的钱，开展更多的项目，并获得公众的认可。这项研究通过发现潜在的缺点，为VfM分析的进一步研究奠定了基础，