Chartered Surveyors Chartered Building Consultancy

Value Engineering

Value engineering comprises a systematic review of a project to achieve maximum value without compromising quality. The objective of value engineering is to reduce the extent of unnecessary costs, whilst maintaining the overall parameters of the project in terms of quality, durability and appearance. The benefits of value engineering will be greater if the review is carried out early, preferably before the completion of the scheme design. The value engineering process should be seen as an ongoing process during the pre-construction phase continually maintaining a ‘could it be done more efficiently’ mind set.