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BOOK SUMMARY :

Value engineering ve is a systematic method to improve the value of goods or products and services by using an examination of functionvalue as defined is the ratio of function to costvalue can therefore be manipulated by either improving the function or reducing the costit is a primary tenet of value engineering that basic functions be preserved and not be reduced as a consequence of value engineering is a systematic and organized approach to providing the necessary functions in a project at the lowest cost value engineering promotes the substitution of materials and methods value engineering in construction our approach to project design architects brokers cmpms estimation news october 13th 2015 value engineering in construction when applied to the construction process value engineering has enormous benefit for developersvalue engineering value engineering can be defined as an organized effort directed at analyzing designed building features systems equipment and material selections for the purpose of achieving essential functions at the lowest life cycle cost consistent with required performance quality reliability and safetyvalue engineering is an important element in the construction chain and has the potential to offer tremendous value to project owners and developers

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