Examples of Value Engineering in a sentence
Construction Manager and Owner Parties shall then meet to discuss such Value Engineering proposals and Construction Manager shall promptly recalculate its cost estimate incorporating any proposed changes Owner Parties select.
It is a primary tenet of Value Engineering that quality not to be reduced as a consequence of pursuing value improvements.
If Construction Manager’s reconciled Schematic Design Documents cost estimate exceeds the applicable Target GMP, Construction Manager shall promptly furnish Owner Parties with Value Engineering proposals that will cause the estimate to meet or be less than that Target GMP.
For the purpose of optimizing the pavement design, the designer should implement Value Engineering process for each project.
The term Value Engineering (VE) is a systematic process of review and analysis of a project, during the concept and design phases, by a multidiscipline team of persons not involved in the project together with the Design Manager, to confirm and assess alternative design.