Value Engineering Concepts Research Articles

APPLICATION OF VALUE ENGINEERING IN ARCHITECTURAL WORK ON THE LAHAIROI LATERI CHURCH, AMBON CITY

Effective construction cost control such as saving construction costs will increase the chances of project success and user satisfaction. The biggest component in construction costs is material. High material costs necessitate a review of building functions. Construction savings are made by reviewing the largest cost components in architectural work. Review of material components is carried out using the value engineering method. Value engineering is a method for getting an alternative picture so that the costs incurred are more efficient than the initial planning costs. The application of value engineering to construction projects has a major impact on planning by generating reviews to obtain cost effectiveness. Research was conducted at the Lahairoi Lateri Church Building project located in Ambon City. The aim of this research is to find alternative material substitutes for architectural work and obtain total cost savings by using the concept of value engineering. The use of the value engineering concept is carried out by information phase, analyzing the function of using index function analysis techniques, identifying alternative materials, and evaluating the results of the alternative materials. Research using the value engineering concept on the Lahairoi Lateri Church Building Construction project, Ambon City achieved cost savings of 861,116,841.05 IDR. This amount saves 5.32% of the initial architectural work costs of 16,170,539,500 IDR. These results show that value engineering can eliminate unnecessary costs in church-type building without changing the building function.

A Framework of Integrated Sustainability and Value Engineering Concepts for Roads Projects

A Framework of Integrated Sustainability and Value Engineering Concepts for Roads Projects

The Influence of Rebranding on Brand Value Within Cosmetic Industry Sector: Mediating Role of Value Engineering

Introduction: Rebranding became a marketing strategy for many organizations now. Cosmetics organizations are adopting rebranding strategy in order to increase the reach for their products. Objective: The current study aims to examine the mediating influence of value engineering on the relationship between rebranding and brand value. Method: The quantitative approach was employed, and a questionnaire was answered by a sample of (203) marketing managers within cosmetic manufacturing organizations in Jordan. SPSS/AMOS were employed in order to screen and analyze gathered data. Results: Results of the study indicated the acceptance of the main hypothesis, arguing that value engineering mediates the relationship between rebranding and brand value. The significance of the study lies in the fact that a more efficient product development process that results from value engineering can lead to significant cost savings, which in turn can positively affect the brand's financial performance. Conclusion: Rebranding increased efficiency and improved performance metrics, such as return on investment, return on assets, and net income, which can enhance the brand's value and give it a competitive edge. The study recommended increasing managers' awareness of value engineering, as they tended to connect the concept of value engineering with the construction sector only.

THE SUITABILITY OF EXISTING CONSTRUCTION CONTRACTS FORMS FOR BIM CONSTRUCTION PROJECTS

Numerous major construction projects suffer from cost and schedule overruns. In addition, the potential for conflict between project participants, for example due to changes in performance, additional services or ambiguities in the contract, has increased substantially in recent years, while at the same time the ability to resolve conflicts quickly has declined significantly. In the context of digitization, Building Information Modeling (BIM) represents a way of implementing projects more efficiently and satisfactorily for all parties involved. With the method, "risks can be significantly minimized, construction times considerably shortened and costs noticeably reduced". In order to make the most of the advantages of the BIM method, the choice of a suitable form of construction contract is of decisive importance. Within the research conducted at the University of Wuppertal, characteristic features of conventional and alternative forms of construction contracts as well as management concepts were examined and the respective advantages and disadvantages were compared with regard to the criteria identified. In addition, the construction contract forms and management concepts were also examined and evaluated for compatibility with the BIM method. The result of this investigation shows a scoring model. It includes both the nationally established construction contract forms of individual award with unit price contract as well as alternative forms such as the Framework Alliance Contract-1 with the concept of value engineering. The result of the study should encourage clients to consider alternative forms of construction contracts in order to be able to design construction projects more efficiently.

A SYSTEMS THINKING CONCEPTUAL MODEL FOR VALUE CREATION IN THE AFRICAN CEMENT MARKET

Cement is the world’s most important building material, and it has made Africa, as an emerging market, dependent on the cement industry as a critical tool to promote economic infrastructure growth. Today’s challenging economic climate has also made cement producers increasingly dependent on specialists to upgrade, modernise, and maintain their operations. The objective of this research was to evaluate how engineering service organisations operating in Africa currently conduct their business with these cement producers. The research also showed that the literature on systems engineering does not make full use of value engineering concepts. The study identified this lack of collaboration, and proposed a new value engineering systems model that can be used to promote and strengthen the use of engineering services and products in the African cement industry.

Research on the Cost Management of Real Estate Computer Informatization Based on the Concept of Value Engineering in the New Economic Era

The cost management of computer information can make the real estate enterprises form the core competitiveness under the environment of strict control of house price. The design stage and construction stage are the key stages in the whole process of cost control. This paper analyzes the information cost control method in the design stage from the quality control, quota design and value engineering concept, and seeks the optimal solution of the prior control. In the implementation stage, the dynamic control management based on PDCA cycle is emphasized, and the design change and invalid cost are strictly controlled.

A framework of an integrated sustainability and value engineering concepts for construction projects

Sustainability and value enhancement are major considerations in the modern construction world. Thus, the integration of sustainability and Value Engineering (VE) will have the potential to boost the value of a construction project. This research was therefore aimed to develop a framework that integrates VE and sustainability concepts in the construction industry in Sri Lanka to improve project values. Both quantitative and qualitative research approaches were used in the research. The questionnaire survey that was carried out as a part of the research had a response rate of 68.9% and collected data were analysed using Relative Importance Index (RII). The survey was followed by 15 individual interviews conducted with experts and the findings were analysed using content analysis. The study revealed that both VE and sustainability are used in isolation in the Sri Lankan construction industry. Hence, the relationship between the two was determined and a framework was developed for integrating SC and VE.

Value Engineering as a Specialty for Systems Engineering: Exploring Opportunities

ABSTRACTValue Engineering is a so‐called specialty engineering activity within Systems Engineering according to the INCOSE Systems Engineering Handbook [INCOSE, 2015], but what makes Value Engineering a ‘specialty,’ and what can it offer Systems Engineers? In this article three Value Engineering concepts are described, which are the pillars of Value Engineering: 1) the definition of value, 2) the use of multi‐disciplinary workshops, and 3) the application of function diagramming with the FAST method. Each of these concepts is explained and ideas are put forward how to incorporate them in more commonly used Systems Engineering processes. Our findings show that Systems Engineering and Value Engineering are not mutually exclusive, but offer outstanding concepts to improve designers’ goals. With this article, we hope to inspire the Systems Engineering and Value Engineering communities to further explore and experiment together.

Value Analysis of Walling Material - A Sustainable Way

The construction industry is the most fast-growing industry and booming all over the world. We are aware that capital investment in this industry is vast and it is responsible for the problem of negative impact on climate. Therefore, to achieve a goal of sustainability and low-cost housing, the concept of value engineering is brought up. The value engineering is a systematic, well organized and function-based approach for achieving low cost and sustainability in the construction industry. Various researchers and experienced engineers found that around 50 to 55% of the total cost of a project is of structural and masonry works. In this paper, value engineering is applied to masonry component of a residential building and significant cost saving was found.

Concept of Value Engineering and Current Project Management Practice in Ethiopian Building Construction Projects

In construction projects, when one-program costs more than planned, decision makers are forced to delay or cancel other activity. Value Engineering can play a key role in overcoming such problems by ensuring programs stay within project duration, estimated budget and saving costs. This study was conducted to assess the applicability of value engineering concept and the current management practice of Ethiopian building construction projects. In this study, knowhow of Ethiopian building construction project experts on value engineering principles were studied and the current management practice was examined. In order to gather required information, questionnaire, interview with project managers and archival review was conducted. Data was analyzed both qualitatively and quantitatively. The result of this study shows, main challenges in the project area were: delay in progress payment by owner, poor site management, weak follow up by consultant, and delay in material delivery from contractor side. Almost all experts in the project have no knowledge on the principle of value engineering and has no willingness to implement the principle. The evaluation made using value engineering principle shows the current management practice was more conventional and the industry is still facing delay of projects, cost overrun and poor quality while there are opportunities to minimize such problems.

Application of Value Engineering for Sustainable Construction: A Study

Value Engineering (VE) is a function based approach to effectively attain sustainability and cost-effectiveness in construction processes. The present paper briefs the concept of value engineering; its potential, parametric assessment methodology and the applications. VE has been proven an effective tool for management and innovation. It opens ways to new practices that not only improve the quality of construction, but also result in greater consumer satisfaction. Value analysis deals with the economic aspect of value engineering on an actual construction project. By following value engineering methodology, the key critical parameters can be identified that play a substantial role in the cost of a project. Cost effective and sustainable ways of improving the processes can be highlighted. It has also been indicated to suggest renewable energy alternatives wherever possible to reduce negative environmental impact arising due to construction.

Concept of Value Engineering in Construction Industry

Concept of Value Engineering in Construction Industry

The Necessity of Revitalizing the Traditional Elements Effective on Economic Sustainability and Cost Management (Case Study of Tabatabai's House)

Abstract The application of sustainable development and value engineering concepts in the architecture opens a new discussion called economic sustainability, ecologic architecture, green architecture, and environment architecture; all of which refer to the same concept of environment-friendly architecture. Lack of attention to the foundations for sustainability of traditional architecture of Iran and the diverse factors affecting it has charged us a worn and unstable urban fabric. In this world, along with other scientists the architects have been looking for the new ways to reduce costs and maintain energy as a sensitive duty of them. Regarding the ideas and various theories of scholars on the sustainable development, the main points of focus are: 1. Design for human; 2. Resource saving and economic justification; 3. Renewable materials and resources, and recyclables. The present study is intended to investigate the effective factors in moving toward sustainable development and examines the economic justification of vernacular architecture. Hence, by a review of the references and library documents, it conducts an analysis of Tabatabai's house which is a sample of the traditional architecture of Iran and an appropriate pattern showing the techniques of urban architecture. At the end, some strategies will be provided in line with sustainable development and energy preservation.

INTEGRATION OF VALUE ENGINEERING AND TRIZ-THEORY OF INVENTIVE PROBLEM SOLVING: A THEORETICAL FRAMEWORK IN MALAYSIAN AUTOMOTIVE INDUSTRY

The paper aims to suggest a theoretical framework that demonstrates the integration of Value Engineering (VE) procedure with Theory of Inventive Problem Solving (TRIZ) tools, systematically tailored for Malaysian automotive environment. Previous works on VE-TRIZ integration are base on the SAVE® guidelines named Value Standard flow that suggested various TRIZ integration or entry points throughout this flow. However, in this work, the integration will take effect into the Creative Phase of the Value Standard flow. TRIZ is still new in Malaysian industrial perspective while as VE has become an accepted procedure in cost reduction activity in various industries especially in construction sectors. Referring to automotive industry, VE implementation is seen ineffective since the overall and complete VE concepts and procedures are not thoroughly well-understood and applied. To balance the above-mentioned issues and to catalyst the effectiveness and successful of VE-TRIZ implementation specifically in the context of automotive industry, the proposed theoretical framework is seen inevitably beneficial.

IMPLICATIONS OF TECHNOLOGY TRANSFER IN THE DESIGN AND CONSTRUCTION OF LOAD-BEARING MASONRY BUILDINGS

Load-bearing or structural masonry is a method of construction where the elements of a structure are built using masonry (bricks or blocks). Due to its technological and economic advantages, in western countries the system is widely used particularly for residential and low-rise buildings. Despite the advantages and excellent track record overseas, the system has not found its avenue in the local construction scene. Not many new buildings have been built using the system. Previous studies revealed that engineers, architects, developers, and builders lacked knowledge and experience on the design and construction using the system. A programme has been formulated for a consulting firm’s staff and their business partners to transfer the state-of-the-art knowledge on the design, detailing, costing, and construction of structures using load-bearing masonry. Additionally, value added topics on supply chain, value engineering, and strategic planning were also included. The programme involved two phases: (i) a series of seminars and workshops covering a duration of 6 months and, (ii) continuous site supervision (monitoring) for another 6 months. An auditing scheme to measure the company’s performance before and after the programme using the balance score-card technique is under formulation. The technology transfer programme has been completed covering 9 modules whereby the company managed to save further on profits by utilising value engineering concepts in its relevant projects.

Developing a Module Helping to Optimize the Cost of Construction of Residential Buildings using the Concept of Value Engineering

Developing a Module Helping to Optimize the Cost of Construction of Residential Buildings using the Concept of Value Engineering

The Low-Carbon Evaluation of Resident Buildings Based on the Value Engineering

Facing the increasingly serious energy and climate crisis, the concept of low-carbon indicates development direction for building conservation. However, building functions are easily neglected in the process of low carbon residential buildings construction. Therefore, based on the concept of value engineering, this paper presents a comprehensive evaluation method to evaluate carbon emissions of residential building. It highlights residential building functions as well. Function coefficient can be confirmed by establishing residential buildings function evaluation index system. Moreover,the unit carbon emission isadopted as cost coefficient. The low-carbon nature of residential building will be evaluated by the ratio of function coefficient and cost coefficient.The aim of this research is to advance the awareness of residential building carbon emissions, exploring the path of realizing maximum satisfaction of building functions with minimum carbon emissions, which can provide new ideas of residential building carbon emissions evaluation.

Intelligent design for facility asset management

This paper begins by describing Greater Toronto Airports Authority (GTAA) and its mandate, then outlines the scale and extent of its airport development programme in order to provide the context for the subsequent discussion. The paper argues that intelligent design for facility asset management involves early application of long-term thinking regarding operation and maintenance. Such an approach will pay huge dividends throughout the life cycle of the facility by maximising its lifetime serviceability. The focus must be on life cycle cost, not just on capital cost. The concept of value engineering is discussed: it is suggested that this process is often not properly used, and that a better approach is to develop a culture of continuous value engineering through all stages of a facility's life cycle. Various tips related to construction, operation and maintenance are presented. Finally, the question of the people and processes in facility asset management is briefly discussed. The paper demonstrates that intelligent project life cycle delivery is about far more than merely the physical aspects of the building or facility.

Appraisal of value engineering in construction in Southeast Asia

The concept of value engineering has existed for more than half a century. Its application in construction is credited with some success notably in public contracts in the United States. Nevertheless, value engineering is rarely applied in the Southeast Asian construction industry. A survey among industrial practitioners has been conducted to identify possible causes for the dire status. Generally, there is a lack of understanding in value engineering concepts among industrial practitioners and it is important for the government to take the lead in promoting value engineering practices in domestic projects. Moreover, the scope of value engineering can be broadened to address corporate-level systems and initiatives.

Study on Value Engineering Scheme in Public Works

Value Engineering (VE) was first invented in the United States after the 2nd World War. The contractor industry in Japan began to show interest in VE in late 1960s when the tight fiscal policy was implemented after the economic slump following the 1st oil shock.At that time, VE was mainly used as a means of cutting construction cost in the private sector.In recent years, however, the state and local governments VF has been introducing VE in their effort in cutting publicworks expenditures.In terms of effective execution of public works projects, the Board of Audit performs audits with a view of promoting cost savings and improvement of quality in public works. This research article examines the concept of VE, the use of VE in the state and local governments and in private sector corporations, and problems in introducing VE.