Topic
Value engineering
About: Value engineering is a research topic. Over the lifetime, 1231 publications have been published within this topic receiving 10882 citations. The topic is also known as: VE.
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01 Feb 2015
TL;DR: Value engineering is a philosophy implemented by the use of a specific set of techniques, a body of knowledge and a group of learned skills; it is an organized creative approach of identification of unnecessary cost as mentioned in this paper.
Abstract: Conservation in Civil Engineering Construction is a familiar phenomenon, so most of the Civil Engineers prefer to reduce the unnecessary cost whenever possible without affecting the system. To achieve this, value engineering is the most economical and penetrating tool. Value engineering is a philosophy implemented by the use of a specific set of techniques, a body of knowledge and a group of learned skills; it is an organized creative approach of identification of unnecessary cost.
2 citations
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17 Feb 2021TL;DR: In this paper, the benefits of strong value engineering and use of alternative materials to enhance the efficiency of a project have been discussed and two case studies of different scale of housing projects are considered, it has been found out that on replacing a material with similar functions, helps reduce the cost of the project and add to the value of project.
Abstract: A major challenge for the Indian government is the rapid growth of the urban population, leading to housing shortages and poor urban living conditions. The current need-based housing shortage in the country is about 19 million units as per the 2011 census. The government has introduced many affordable housing schemes that focus on meeting the shortage of housing needs. Excess cost management needs to be planned from the initial stages of design during the building's project life. Value engineering is an effective problem-solving approach that minimizes prices while preserving and improving performance and quality requirements. Ve process's success lies in its ability to find ways to reduce redundant expenses while maintaining efficiency, reliability, performance, and other critical elements that reach or surpass the standards of the client. This study aims at understanding the application of value engineering in affordable housing to optimize cost, time and quality thus increasing overall value of the project. Two case studies of different scale of housing projects are considered, it has been found out that on replacing a material with similar functions, helps reduce the cost of the project and add to the value of the project. This research will provide an overview of benefits of strong value engineering and use of alternative materials to enhance the efficiency of a project.
2 citations
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01 Jan 2017
TL;DR: In this paper, the authors explored the various costs inputs called design variables used by design consultants, plus their underlying factors, how the practice of value engineering (VE) impacts on projects in Indonesia.
Abstract: The deployment of construction economics has become more desirable today, mainly due to need to establish how building costs are spent, and be able to come up with the most optimum alternatives. This research article therefore, explored 1) the various costs inputs called design variables used by design consultants, plus their underlying factors, 2) how the practice of value engineering (VE) impacts on projects in Indonesia. A qualitative methodology, was used inform of a questionnaire, designed based on a 5 pointer liker scale approach, and distributed among 30 respondents consisting of consultants and clients in areas of Surakarta. The collected data was processed using statistical method of relative importance index, followed by descriptive analysis inform of bar and pie charts. The results obtained were that building plane shape (index 83.2), was mostly used, which itself depended on external features of building membrane and shape of building site (80.0 each), then other variables were building complexity (82.1); and building facade (77.9), meanwhile the least used was sharing walls (index 62.1), Lastly, VE was found to benefit the industry by producing designs which meet time, cost and quality targets, on the other hand material wastages and loss of confidence was reported once VE was neglected.
2 citations
01 May 2004
TL;DR: The Ontario Transportation Ministry introduced value engineering on selected projects to test efficiency and cost effectiveness, maintain safety standards, and reduce costs during the 1990s and early 2000s as mentioned in this paper, and it has been successfully applied to many transportation projects.
Abstract: During the 1990s, the Ontario Transportation Ministry introduced value engineering on selected projects to test efficiency and cost effectiveness, maintain safety standards, and reduce costs. Although there were many early problems, the Ministry has dev..
2 citations
01 Jan 2001
TL;DR: For integral value engineering to be effective, suitable metrics must be identified to monitor the extent to which technical design solutions satisfy overall project values to ensure that the satisficing values initially defined by value management at project outset will be delivered.
Abstract: Value management is well established in construction to structure early project briefing and to
agree satisficing project values and objectives among project stakeholders. Current practice
concentrates on the consideration of value during project definition. This paper proposes
Integral Value Engineering as a design management practice that considers value in design
throughout project resolution and delivery.
An expansion of value management principles is proposed to include the adoption of a
problem-solving approach and value-adding tools. These can help assemble value-adding
frameworks in which design activity is more explicitly focused on project values. The use of
problem solving frameworks to relate design method and outcome to project values is
described and the notion of documenting these relationships to create a value-adding audit
trail introduced. Integral Value Engineering is defined as the consideration of value when
solving design problems, irrespective of the project stage in which they occur or their
technical nature.
The adaptability of the problem solving approach is discussed, together with its ability to
accommodate the extensive variability in problem scope and concurrency in construction
projects. The role of individual design engineers as practitioners of Integral Value
Engineering is also described; this focuses on collaborative forums to incorporate the
expertise of specialised suppliers. A web-based Value-Adding Toolbox is described to
disseminate value-adding tool descriptions, methods and examples within a single
organisation or managed value chain.
The paper concludes that, for integral value engineering to be effective, suitable metrics must
be identified to monitor the extent to which technical design solutions satisfy overall project
values. This would allow responsive mechanisms to be defined so that design development
can be managed throughout project duration to ensure that the satisficing values initially
defined by value management at project outset will be delivered.
2 citations