Orange County NC Website
CONDUCTING A VALUE ENGINEERING STUDY <br />As indicated on the following diagram, all of our VE studies follow a definite task <br />flow. This strict application of proven management principles assures that the results <br />will be well developed, easily understood recommendations with optimized cost savings. <br />On the pages following the diagram are the steps that we take during each phase of the <br />study and the input that we expect from the Design Architect/Engmeenng firm. We have <br />used the following approach on our past studies with great success: <br />• Prestudy Preparation Phase <br />• Project Study Workshop Phase <br />• Post Value Engineering Study Phase <br />The organized approach that we use both in preparation for the workshop and <br />during the value engineering workshop, allows us to maintain a quick turn around time <br />for the project study and the submittal of the Preliminary Value M*=ring Reports. <br />This approach also allows us to maintain the proper coordination among the Designer, <br />the Owner and the value engineering consultant. <br />The preparation and organization for a value engineering study are vital to its <br />success. This phase of the project is used to bring the VE team up to speed on the <br />project and to remain abreast of the progress of the project. The prestudy phase is also <br />used to orient, the Owner and the Designer in the work that the VE team will be doing. <br />The Owner and Designer are an integral part of the value engineering effort and it is the <br />coordinator's responsibility to ensure that they are informed as to what the VE team is <br />doing. <br />• Arrange a value engineering coordination /orientation meeting with <br />the Owner and Designer to review the organization and <br />management of the study approximately three weeks prior to the <br />workshop. This meeting will also explain the principles of value <br />engineering and the proposed project approach. <br />