Category: Value Engineering

Value Methodology Presentation

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Developed in 1941 by Lawrence D. Miles of General Electric, Value Methodology (VM) is a function based systematic approach to improving a project, process or product that optimizes cost while maintaining or improving performance and quality.

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Cost Estimating for a Value Engineering Study

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A question was asked of me the other day, “Why do you need a cost estimator on a Value Engineering study?”  This  caused me to pause, think about question and this is what I came up with.  Please feel free to share this.

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