Value Analysis Strategy Sample Clauses

Value Analysis Strategy. Throughout the Design and Procurement Phase, with particular attention during the early stages of design, and as part of the Target Value Design process, the IPD Team Members shall continuously pursue opportunities to create additional value by identifying options to reduce capital or life cycle cost, improve constructability and functionality, or provide operational flexibility, while satisfying the Project requirements. In order to avoid waste associated with re-drawing aspects of the Work, the emphasis on deep value analysis and the opportunity for set-based design (carrying multiple reasonable/viable options for design concepts forward and deferring decisions until the last responsible moment, but in any case prior to design development) shall be employed early in the design process.
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Value Analysis Strategy. Throughout the preconstruction phase, and with particular attention during the SD and DD phases, CM/GC and the Trade Contractors shall, on an ongoing basis, be pursuing opportunities to create additional value by identifying options to reduce capital or life cycle cost, improve constructability and functionality, or provide operational flexibility, while satisfying Owner's programmatic needs. In order to avoid waste associated with re-drawing aspects of the work, the emphasis on value analysis and the opportunity for set- based design (carrying multiple design options forward and deferring decisions until the last responsible moment) must be emphasized early in the design process. In order for these efforts to be effective, the project must gain the early involvement of the Trade Contractors who possess information essential to the Value Engineering ("VE") process. The Core Group should focus on developing strategies to utilize value analysis as part of its Target Value Design efforts.
Sample 1

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