Managing, Monitoring and Evaluating Value Engineering Change Proposals (VECPs) on Capital Construction Projects

Although the practice that is commonly adopted on capital construction projects is to have value engineering during the design development phases, nevertheless there is a growing interest among project owners to encourage contractors to improve the project’s performance, value, and/or quality, lower construction costs, or shorten the delivery time while Read more…

Documenting Recommendations for Shortlisted Value Engineering Ideas During the Develop Recommendations Phase of Value Engineering Workshops on Capital Construction Projects

Similar to any other business process needed in managing the execution of capital construction projects, documenting value engineering workshops not only will ensure that the process will be performed in accordance with the set best practices but more importantly is that the knowledge gained in performing the process will be Read more…

Documenting the Value Engineering Ideas Evaluation During the Creative Phase of Value Engineering Workshops on Capital Construction Projects

Similar to any other business process needed in managing the execution of capital construction projects, documenting value engineering workshops not only will ensure that the process will be performed in accordance with the set best practices but more importantly is that the knowledge gained in performing the process will be Read more…