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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

Journal ArticleDOI
17 Feb 2021
TL;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

Journal ArticleDOI
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


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
202324
202245
202130
202050
201944
201847