October 2024

Value Methodology (VM) is a powerful tool that optimizes project value while minimizing costs. Through a systematic analysis of project functions, VM teams identify areas for improvement without sacrificing quality or performance. VM enhances quality and efficiency by encouraging innovation and streamlining processes. This leads […]

Abstract: Stakeholder involvement is crucial while conducting a value engineering study. By providing project scope, objectives, technical requirements, budget, timeline, and priorities, stakeholders shape the direction of the study. Their active participation fosters collaboration, identifies potential risks, and ensures that value engineering solutions align with