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Value Engineered Construction

by Karl F. Schmid, Cornell Univ, Ithaca, United States,



Document Type: Proceeding Paper

Part of: Preparing for Construction in the 21st Century

Abstract:

Value Engineering provides us with a systematic approach for looking at design and construction projects with an eye to cost cutting while maintaining or improving value, however value may be defined. This in itself makes Value Engineering worth learning. But Value Engineering has the potential for accomplishing much more. The application of Value Engineering principles causes people to work better as a team, search constantly to improve their system of production and service, and learn the effects of their work on others. In short the application of Value Engineering principles across a broad range of daily activities assists any organization as it strives to attain excellence.

Subject Headings: Value engineering | Construction management | Construction costs | Team building | Systems engineering | Construction industry | Project management

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