Cost Optimization Engineering definition

Cost Optimization Engineering means an engineering design resulting in the best financial business case in accordance with stated goals for the project design;

Related to Cost Optimization Engineering

  • Value Engineering (VE) means a discipline of engineering that studies the relative monetary values of various materials and construction techniques, including the intial cost, maintenance cost, energy usage, replacement cost, and life expectancy of the materials, equipment or systems under consideration.

  • Engineering means the application of scientific knowledge for the design, control, or use of building structures, equipment, or apparatus.

  • external engineering service means an engineering service outside the boundaries of a land area referred to in an application and that is necessary for the utilisation and development of the land;

  • Systems Engineering means preparing specifications, identifying and resolving interface problems, developing test requirements, evaluating test data, and supervising design.

  • Engineering Services means infrastructure for –