Understanding Value Engineering in Planning, Design, and Construction

11 February 2021

When it comes to planning, designing, and constructing a specific structure, there are a lot of elements that must be thoroughly considered for it to be successful. Some of these elements are the materials used for the construction and the processes that will be utilised for the whole project. Messing up these elements can effortlessly waste fundamental resources such as time and money.

Fortunately, value engineering is now being maximised by project managers and site owners to ensure that a structure will be planned, designed, and constructed optimally.

Fundamental Principles of Value Engineering

Value engineering is a systematic method of determining the most suitable materials and processes in building a structure, improving its overall performance, and saving vital resources. Even with a tight budget, value engineering still allows a structure to be built with quality materials and reliable processes. With value engineering, it attempts to finalise the true usage of a structure, find the most appropriate tools in optimising its spaces, obtain the most valuable materials for its construction, question the design documentation, and design a structure that is well-optimised for easy and fast construction works.

With value engineering, it can effectively make a project more efficient in terms of expenditures and construction processes. It is normally done through optimising the planning, design, and construction processes that are often carried out in a construction project.

Planning, Design, and Construction Stages

In terms of the planning phase, value engineering primarily focuses on the built-in life cycle performance and facility maintenance reduction of a specific structure, which can be done by aligning planning strategies with business strategies. With value engineering, the planning stage can be significantly improved through assessing alternate designs, construction methods, and materials that can be beneficial for all involved project stakeholders.

As for the design, the utilisation of value engineering can effectively provide a project with respectable productivity gains and substantial cost savings. Value engineering at this point can maximise intelligence-based, computer-aided design (CAD) technology, helping the project obtain engineering analysis procedures that can be truly economical, functional, and workable. Considering different versions of a design layout is likewise done with value engineering to find the most cost-effective solution out there.

The construction phase of a project can also hugely benefit from value engineering. Value engineering can easily reduce in-field engineering change notices as well as avoid system interferences. It can also give in-field solutions, which can all drastically reduce downtime and retain unproductive tasks.

Work with Fairdinkum Technical Services

Planning, designing, and constructing a specific structure can truly be enhanced with the integration of value engineering. The value engineering must be viewed as a value-added approach as opposed to a cost-cutting approach since it can make a structure more valuable with reduced capital costs.

To find out more about value engineering, feel free to contact us at Fairdinkum Technical Services. We are a boutique organisation with over 35 years of experience in design and construction, providing technical engineering design. We also offer construction support for small scale domestic improvement projects for homeowner builders.

Optimized by