A structured process for finding ways to reduce construction costs without compromising the project's intended function.
Value Engineering is a systematic, organized approach to analyzing the functions of a project's design elements to identify opportunities to achieve required functions at a lower cost without sacrificing quality, reliability, or performance. In construction, VE is typically performed during the design development or construction document phase when changes are still relatively inexpensive to implement. Common VE measures include substituting materials, simplifying structural systems, or reconfiguring floor plans to reduce square footage.
The VE study saves $1.2 million by substituting an exposed concrete ceiling for the specified suspended acoustic ceiling system in the warehouse portion of the building.
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