Value Engineering is an integral part of engineering design work. Its aim is to ensure capital projects meet or exceed cost objectives without compromising project quality.
Our project teams use value engineering throughout a project, evaluating options with a focus on reducing project capital costs as well as life cycle costs. The value engineering process divides the total project’s scope of work into components, examining each individual component for alternatives that offer benefits in the areas of engineering design, equipment and material selection, construction and operations and maintenance.
It is a structured application of proven techniques, applied at multiple phases of the project, with the primary objective to identify cost reductions.