Felderman Design Build

Value Engineering

In the construction industry, "value engineering" (also called value analysis and value management) is the structured process of examining the function and construction materials and processes of a building to ensure that it is delivered in the most cost-effective way. This process identifies the possible design, construction, and materials alternatives that will significantly improve the Owner's value. 

 

Why conduct Value Engineering for your construction project?

Simply because, the costs for design and construction materials is a large portion of your construction project budget. Conducting value engineering will maximize your building’s value for your budget.

 

Conducting  value engineering with your construction project provides you, the Owner, the following advantages:

  • The most cost-effective building without compromising performance, function or aesthetics
  • Identifies significant cost effective methods and materials that improve the value of design
  • Provides savings in maintenance and operating costs with less expensive material and systems that have the same quality 
  • Decreases costs which increases profits
  • Improves quality and value
What is the end result?
Your construction project produces a facility of excellent quality that is completed on time and on budget.