Value Engineering

Introduction

Value Engineering is a service that Capital Point Management offers for projects to enhance element functionality, strike a balance between element cost and quality, and shorten project duration. The processes, systems, and resources needed to oversee the acquisition, control, accountability, responsibility, maintenance, utilisation, and disposition of all acquired property are referred to as property management.

Scope of Services of Value Engineering

  • Analysis of the Site and Catchment
  • Demand Estimation
  • Mapping of Supply
  • Derivation of Product Mix
  • Product Costing
  • Development Plan
  • Review of DBR and design in relation to Design Brief.
  • Design review in terms of core efficiency, FSI to carpet ratio, internal circulation (furniture layout, toilet layout, and so on), flexibility for future provisions, and so on.
  • Review of project massing in relation to design constraints, FF regulations, height constraints, elevational treatment, and so on.
  • Examine finishes (internal and external), fittings and fixtures, and alternative solutions based on space efficiency, cost, availability, durability, and other factors.
  • Consider alternative solutions in terms of their potential impact on other aspects of the project’s design, as well as the impact of alternative solutions of other designs on arch. Design with the help of other VE teams and shortlist solutions
  • Evaluation of loading parameters, load system, and construction methodology in terms of onsite plant, machinery, construction sequence, and ease of construction, among other things.
  • Examine potential structural design changes to accommodate the construction sequence.
  • Review of potential foundation changes based on the geotechnical report.
  • Examine potential changes in terms of column grid optimization, size, flooring system, and so on.
  • Examine possible material substitutes for slabs, block work, finishing work, and so on.
  • Examine potential changes to the external façade system in terms of cost, material, and so on.
  • Review of alternative solutions in terms of their potential impact on other design aspects of the project, as well as the impact of alternative solutions of other designs on structural design, with the coordination of the VE team, and shortlist the best solutions.
  • Examine potential changes to façade design in terms of ease of construction, cost savings, and so on.
  • Consider alternative specifications based on availability, feasibility, cost, ease of construction, and so on, without compromising the project’s quality parameters.
  • Review alternative solutions in terms of their potential impact on other design aspects of the project, as well as the impact of other design solutions on the Façade design, with coordination of other teams in VE, and shortlist the solutions.
  • Review of DBR and design in relation to Design Brief.
  • Design review in terms of space requirements, technical efficiency, and cost effectiveness.
  • Examine possible alternate solutions to reduce costs / increase value within the same budget, accelerate construction / ease of construction, and improve the project.
  • Examine alternative products and schemes
  • Review alternative solutions in terms of potential impact on other design aspects of the project, as well as the impact of alternative solutions of other designs on MEP Design, in collaboration with the VE team, and shortlist the solutions.
  • Examine the proposed construction methodology for the project.
  • Review of alternative construction methodologies, if any, that can provide the best possible results within the time frame specified in the master schedule.
  • Examine alternative materials in terms of cost, efficiency, durability, availability, and current market practise, among other things.
  • Review of all alternative solutions in terms of potential impact on construction methodology, master schedule, and project cost, as well as impact of alternative construction solutions on other designs, in collaboration with the VE team and shortlisting the solutions.
  • Review of DBRs and designs in relation to the design brief.
  • Examining each BOQ, contract, cost estimate, budget, and project master schedule.
  • Examines the BOQ if any items or quantities need to be added or subtracted from the design.
  • Examine the clauses in contracts that may have an impact on the project’s schedule and budget.
  • Examine potential cost savings for the current design and contract specifications.