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The Role of Value Engineering / Value Analysis in Reducing the Cost and time of the Construction Projects

The Role of Value Engineering / Value Analysis in Reducing the Cost and time of the Construction Projects

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Despite the rapid growth in the construction industry of Iran, housing is still one of the biggest challenges faced by the Iranian government. For instance, the mega construction companies in charge of designing and constructing the second phase of Mehr Housing Plan are in trouble now, because they have not been able to fulfill the requirements of the project in the due time and show the anticipated results. This descriptive survey study underscores the significance of the Value engineering (VE) / Value Analysis (VA), as a systematic project management tool, in optimizing the outputs with reference to cost and time. More specifically, it revolves around the issue of the consequences when VE/VA estimates the ratio of function to cost and crafts a mix of performance (function) and costs. To this end, the perspectives of 68 experienced engineers, directly involved in the Mehr Housing Plan Project, are studied by the researchers to tackle the core issue of reaching the optimum value for both initial and long-term investment in such projects. The results suggest that VE / VA has the potential to clearly define, measure, control and implement the housing projects at any stage of their development, and can, to a great extent, reduce the cost and time of the projects. Therefore, it is suggested that each executive agency establish and maintain cost-effective value engineering procedures and processes.

Specialty Vegetarian
Ingredient Type Vegetarian
Brand Lavian Exotique
Form Bar Brownie
Package Information Box
Manufacturer Prayagh Nutri Product Pvt Ltd
Item part number LE 014 - 20pcs Crème Bakes (Pack of 2)
Net Quantity 40.00 count
  • Store cream cakes in a refrigerator. Fondant cakes should be stored in an air conditioned environment.
  • Slice and serve the cake at room temperature and make sure it is not exposed to heat.
  • Use a serrated knife to cut a fondant cake.
  • Sculptural elements and figurines may contain wire supports or toothpicks or wooden skewers for support.
  • Please check the placement of these items before serving to small children.
  • The cake should be consumed within 24 hours.
  • Enjoy your cake!

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