Value Engineering is an organized approach
to providing the necessary functions at the lowest
cost and to identify and eliminate the unnecessary
cost.
Scope of Services:
Preparing
and administering
maintenance programs Forecasting
expenditure flows Advising
on cost limits and preparing budgets Advising
on Cash Flow Forecasting Advising
on Life Cycle Costing Cost
Analysis Cost
benefits Analysis Estimating Evaluating
alternative designs Undertaking
feasibility Studies Investment
Appraisal Measuring
and describing construction work
but only in terms of cost planning