Do all value engineering analyses result in lower costs?
No, reducing cost is only one objective of a value engineering analysis. To quote from the Federal Highway Administration value engineering web site: “The goal of a VE study is to achieve design excellence. Its objectives are to improve quality, minimize total ownership costs, reduce construction time, make the project easier to construct, insure safe operations, and assure environmental and ecological goals. The VE team is looking for the optimum blend of scheduling, performance, constructability, maintainability, environmental awareness, safety, and cost consciousness.
