This course covers the history of value engineering, the benefits it provides (even those beyond the budget), the value engineering methodology, when value engineering should happen and when it absolutely should not. You’ll also learn how a national A/E firm uses construction cost data to effectively value engineer for its clients.
After reading this article, you should be able to:
- ASSESS when value engineering delivers the most value.
- LIST several key benefits of value engineering.
- DESCRIBE how to implement the value engineering methodology.
- DISCUSS why accurate construction cost data is important for value engineering.