Agenda - 03-31-1999 - 1c-1 - Laserfiche WebLink

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