Value Engineering
Value engineering is a systematic process we use to identify opportunities for:
- Cost reductions.
- Reductions in design duration and schedule duration.
- Mitigation or avoidance of threat risks.
- Enhancement or exploitation of opportunity risks.
- Improvements in project performance.
Value engineering is used internationally. The Federal Highway Administration considers value engineering to be the most effective technique for identifying and eliminating unnecessary costs and enhancing value.
Tools and Guidance
Directive DES 01-03 - Value Engineering Program for Transportation Projects
Federal Highway Administration Value Engineering
Frequently Asked Questions
Team Member Guide
Statement of Work Template