VALUE ENGINEERING

It is about solving problems, identifying and eliminating unwanted costs, proposing alternative solution while improving function and quality.

Our aim is to satisfy the construction requirements at the lowest possible cost taking into consideration the design itself, availability of materials, construction methods, transportation issues, site limitations or restrictions, planning and organisation, costs, profits, and so on.

Value engineering should start at project inception where the benefits can be greatest, however the contractor may also have a significant contribution to make as long as the changes required to the contract do not affect the timescales, completion dates or incur additional costs that outweigh the savings on offer.

Our value engineering involves:

Identifying the main elements of the project.
Analysing the project.
Proposing, analysing and developing alternative solutions.
Assessing the alternative solutions.
Allocating costs to the alternative solutions.
Developing in more detail the alternatives with the highest likelihood of success.
Avoiding generalities.
Getting all available costs.
Using information from the best source.
Creativity.
Using industry experts.
Price key tolerances.
Using standard products.

Value engineering is an exercise that involves most of the project team as the project develops. It is about taking a wider view and looking at the selection of materials, plant, equipment and processes to see if a more cost-effective solution exists that will achieve the same project objectives.