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Value Engineering is the organized effort, in the form of Workshops or Studies, to analyze systems, equipment, facilities, services, and supplies to achieve the essential functions at the lowest life cycle cost without altering the required performance, reliability, quality and safety. Value Analysis is, therefore, the process of finding the less costly methods for accomplishing the same task. This highly structured approach to optimize project value through project design examination aims to achieve greater value for the Owner.
In the long-term, our value engineering extends to building operations as we calculate life-cycle costs and make recommendations based on long-term return, rather than solely on initial construction expense. Examples include separation of needs from wants, risk identification, performance, and efficiency improvements. VJ Associates’ value-engineering specialists contribute to the overall management objectives of streamlining operations, improving quality, reducing costs, increasing energy efficiency and improving the environment.