Volume 8 Issue 1 - January 2017

  • 1. Application of value engineering in building construction

    Authors : A. Surya Theja Reddy, Satyanarayana Polisetty

    Pages : 239-244

    DOI : http://dx.doi.org/10.21172/1.81.032

    Keywords : ValueCostFunctionTime

    Abstract :

    The current economic conditions have entailed the use of rational method and techniques and research and application of new techniques by utilizing advancements in technology in the field of production as well as in every field. Excess cost control requires to be maintained throughout the project life of building beginning from the initial stages of design. Scrutinizing the project well and considering all possible alternatives particularly in design stage are important for achieving optimum cost. The Value Engineering is an intensive, interdisciplinary problem solving activity that focuses on improving the value of the functions that are required to accomplish the goal, or objective of any product, process, service, or organization. Value Engineering is not essentially cost cutting, the main aim of value engineering is to increase the value but not to reduce cost. Each and every individual activity of conventional construction is taken and the best alternative materials are being searched. PRIMAVERA software is used in order to find the major elements based on Pareto principle.

    Citing this Journal Article :

    A. Surya Theja Reddy, Satyanarayana Polisetty, "Application of value engineering in building construction", https://www.ijltet.org/journal_details.php?id=910&j_id=3587, Volume 8 Issue 1 - January 2017, 239-244, #ijltetorg