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"Value Engineering is the application of a systematic process called the Value Methodology Job Plan that integrates analytical, creative, and evaluation techniques within a multidisciplinary team setting; where the focus is on Improving Value by identifying the most resource efficient way to reliably accomplish the required functions of the program, project, or process, in a way that meets the performance expectations of the customer." -- SAVE International
 In today’s environment of escalating costs, value engineering (VE) can be an essential cost control tool for the design and construction process. It is the most effective tool available to achieve the required functions at a minimum cost without sacrificing quality. We must remember that money is a precious resource that must be considered as carefully as the technical reliability of the project.
The strength of VE comes from the use of function as criterion for the consideration of alternatives to design issues, the power of the structured team dynamics and the experience of the team members.
Value Engineering will help your organization by:
- Validating key project decisions
- Keeping the project within budget
- Reducing operation and maintenance activities and their costs
- Improving project performance, function, and quality
- Reducing design and construction problems
- Insuring that client needs are given top priority throughout the project
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