Value Engineering
Value Engineering is a periodical review and refinement process of design and specifications, which augments the design efforts from initial concept up to the issuance of the last construction variation. The integration of a Value Engineering program can result in project savings of up to 15%, as well as a functional design, constructible within budget.
Utilizing a systematic approach, which identifies and provides the required functions of a project at the lowest possible cost, keeping the design intent unchanged, will result in the following:
- Savings on construction costs
- Lower life cycle costs
- Improved operational performance
- Reduced maintenance costs
- Identification of risks and mitigation strategies
VE Workshops
VE Workshops are conducted using a multi-discipline team approach and are attended by all professionalsdeemed relevant for the disciplines being studied: architectural, structural, civil, mechanical and electrical engineers
The structure allows the involvement of the Owner, Design Consultant and Construction Manager. The team approach used for VE studies are comprised of three specific phases:
1. Pre-Study Preparation Phase
2. VE Study Phase
3. Post VE Study Phase
1. Pre-Study Preparation Phase
2. VE Study Phase
3. Post VE Study Phase
