![]() First, gather all information available about the project and goals. Most of our VE includes the following steps: Bringing together expertise from a variety of specialties-such as civil, structural, mechanical, and electrical engineering, along with project management-creates a full-picture evaluation of project options and strategies. Through a shared process, experts apply their skills to provide the most creative and innovative options. It may include impacts to the schedule, property acquisition, environmental permitting, sustainability, effects on the built environment, and utility relocations. In some cases, design options might have more cost up front but a lower total cost over the life of the project.īeyond the life-cycle costs, project teams must evaluate other key aspects that may dictate design decisions. Both are important because there always is a trade-off between CAPEX and OPEX costs. A project’s life-cycle costs, including capital costs (CAPEX) and operating expense costs (OPEX), are also a factor. ![]() Value is the relationship between cost and benefits. Innovation and creativity are part of our DNA. These workshops help balance the team’s VE effort with creative ideas from outside experts who are not constrained by client criteria or design progress. Our team, for example, conducts VE workshops in accordance to SAVE International and U.S. It requires experts who understand project goals and constantly think of value options. But with today’s market pressures, it has become an even more crucial factor.ĭesign teams must incorporate VE from project inception. Projects always have a value-driven mindset.
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