Value engineering is a systematic and organized approach to providing the necessary functions in a project at the lowest cost without compromising on the execution and final output in terms of project specifications. It is focused solely on the functions of various components and materials, rather than their physical attributes
HOW DOES THIS WORK?
Whenever unsatisfactory value is found, a Value Management Job plan is followed. This procedure involves the following 8 phases :
Value engineering has been beneficial for Oasis as it has constantly excelled in meeting the client's expectations for cost reductions in various areas of the project execution.
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