Preface

Construction Engineering & Project Management

Value Engineering

Core Courses

Overview

        Value Engineering is a creative, organized approach whose objective is to optimize cost and / or performance of a facility or system. Through a system of investigation, unnecessary expenditures are avoided, resulting in improved value and economy. The VE approach is direct toward analysis of functions. It is concerned with elimination or modification of anything that adds cost to an item without contributing to its required functions. During this process all expenditures relating to design, construction, maintenance, operation, replacement, etc., are considered.

VE analyzes a function or method by asking such questions as:

What is it?

What does it do?

What must it do?

What does it cost?

What other material or method could be used to do the same job?

What would the alternate material or method cost?

Content

·        The Value of Concept

·        Value Engineering Methodology

o       Information Phase

o       Speculative Phase

o       Analytical Phase

o       Proposal Phase

o       Final Report Phase

·        Special Techniques for Project Selection

o       Breakdown Analysis

o       Delphi Techniques

o       Cost Modeling Techniques

o       Energy Modeling

o       Life Cycle Cost Model

·        Life Cycle Cost Methodology including Weighted Evaluation

o       Life Cycle Costing Methodology

o       Formats for Life Cycle Costing

o       Impact of Escalation

o       Weighted Evaluation

References

·        Alphonse J.Del'Isola, "Value Engineering in the Construction Industry", ISBN: 0-442-26202-7

Software

Useful links

·        SAVE

·        FHWA

·        Value Report

·        Value Consulting

Advanced Construction Engineering

Value Engineering in the Construction industry

Advanced Construction Management

Elective Courses I

Construction Productivity

Artificial Intelligence

Construction Equipment Management

Advanced Systems Analysis for Construction Engineers

Concrete Construction

Tendering and Contracting in Construction

Project Planning and Resource Allocation

Project Financial Management

Construction Economics

Advanced Construction & Building Materials

Elective Courses II

Environmental Impact Assessment in Civil Eng. Projects

Advanced Geotechnical Method

Finite Element Method

Advanced Strength of Materials

Advanced Construction Surveying

Economics of Water Resource Management

Directed Studies

Master's Thesis Part I

Master's Thesis Part II

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