Value Engineering is a very important term used in the construction industry. It is an organized process of reviewing a project with the goal of eliminating unnecessary costs. These costs can include any item that does not provide quality, use, life, appearance or customer features to the project.
Value Engineering was first developed during World War II by General Electric, and is widely used today in areas such as defense, transportation, and construction. Value Engineering is an effective technique for reducing costs, increasing productivity, and improving quality.
Because construction costs are measurable, cost reduction is often thought of as the main objective. However, the real objective is value improvement, which may not result in an immediate cost reduction.
Why is Value Engineering important for Church Construction?
Value engineering which views the project from a different perspective, is critical throughout the entire building process and can result in significantly lowered costs. The maximum financial benefit of value engineering is the result of constant communication between contractor and architect during the planning phase. At this time changes or adjustments can be made without incurring any additional costs.