VALUE ENGINEERING HANDBOOK - VOLUME 2 / Nejlevnější knihy
VALUE ENGINEERING HANDBOOK - VOLUME 2

Kód: 53611290

VALUE ENGINEERING HANDBOOK - VOLUME 2

Autor Balachander Subramanian

Value Engineering has evolved significantly from its traditional perception as a cost-reduction exercise. In modern construction and infrastructure projects, Value Engineering is increasingly a structured discipline for improving ... celý popis

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Anotace knihy

Value Engineering has evolved significantly from its traditional perception as a cost-reduction exercise. In modern construction and infrastructure projects, Value Engineering is increasingly a structured discipline for improving function, performance, cost, quality, constructability, schedule, risk, sustainability, reliability, maintainability, and whole-life value.

This second volume of the Value Engineering Handbook is designed around that broader understanding of value.
The fundamental question addressed throughout this volume is not simply:
How can the project be made cheaper?
It is:
How can the required project functions and outcomes be delivered with the optimum combination of cost, performance, quality, risk, schedule, constructability, sustainability, maintainability, and lifecycle value?
This distinction is fundamental.

A project can achieve a lower construction cost and still destroy value if the reduction results in lower reliability, higher maintenance, reduced durability, increased operational expenditure, longer delivery time, greater safety exposure, or unacceptable operational risk. Conversely, an alternative that requires slightly higher initial investment may create substantially greater value if it reduces lifecycle cost, improves reliability, shortens construction, reduces operational disruption, or strengthens resilience.

The book therefore treats Value Engineering as a decision-making and optimization discipline, rather than merely a mechanism for reducing the project budget.

The volume begins with Risk-Based Value Engineering, recognizing that every VE alternative is developed under uncertainty. A proposed alternative may generate capital savings or productivity improvements while simultaneously introducing technical, procurement, construction, operational, safety, or lifecycle risks. The book consequently extends the traditional relationship of cost, function, and performance to include schedule, risk, quality, constructability, lifecycle considerations, sustainability, and stakeholder value.

This risk-based perspective is particularly important for major projects. The volume demonstrates how alternatives can be evaluated using probability and consequence, risk-adjusted value, lifecycle cost, weighted evaluation, risk mitigation, residual risk, and quantitative techniques such as scenario analysis, sensitivity analysis, expected monetary value, decision trees, and Monte Carlo simulation.

The next major focus is Value Engineering during Project Planning.
This is one of the most strategically important stages because decision flexibility is still high and the cost of changing fundamental decisions is comparatively low. The book emphasizes that early VE can influence project scope, capacity, site selection, configuration, structural systems, MEP systems, procurement strategy, construction methodology, phasing, logistics, sustainability, and operational requirements.

The principle is simple:
Early Value Engineering influences systems; late Value Engineering usually influences components.
This is why the book treats VE as a continuous process rather than a single workshop conducted after design development.
The volume then follows Value Engineering through the major stages of project development:

The book examines:

Parametry knihy

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