Value Engineering

Value is defined as the ratio of function to cost. A manufacturing concept developed during WWII, value engineering has been widely embraced in the construction industry for years, and tends to focus heavily on cutting costs. At SmartSite, we focus on both increasing quality (function) and decreasing costs to provide our clients with maximum value on their project.

SmartSite’s value engineering efforts during preconstruction focus heavily on earthwork. Our experts thoroughly review the geotechnical reports, design sequence of construction, and grading exhibits. We examine the client’s proposed takedown sequence, determining whether the plans and sequence support or hinder that strategy. Working closely with our client’s design team, we utilize the civil 3D model to balance earthwork for the project, both for each phase and overall, and adjust grading to minimize cuts/fills. We look to minimize the need for costly retaining walls, and suggest alternative products to cut cost while maintaining our client’s aesthetic requirements. During procurement/implementation phase, we collaborate with the contractors to maximize benefits of any value engineering proposals they may have.

Value engineering doesn’t stop once preconstruction ends, although the focus changes to time and money. Our team uses value engineering principles to work around delays, adjusting sequences, deliverables, and schedules to overcome and keep our client’s delivery dates.

Why You Need It

Land development is arguably one of the highest-risk investments imaginable. By using the civil 3D model, we can quickly prepare and analyze the cost implications of multiple scenarios.

Bottom Line

Although value engineering started as a cost-saving method, it has become an important project management technique that when utilized properly can maximize the final function of a project. Preconstruction is one of the most important phases for value engineering. The decisions made during this phase can provide significant positive impacts to the overall quality, cost, and scheduled completion of the project.