Cost and Project Management
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Project Value Management
Everyone perceives "value" slightly differently. Value management as a process to identify where value exists in a project and how to enhance the value in a way that is measurable. One of the commonly used techniques to enhance construction value is Value Engineering; this process aims to change the design to enhance the projects value.
Value management may help your project by;
- Having what is valued on a project clearly defined will help the decision making process
- It will help the project team establish a clear brief
- It will help measure value on both a monetary and non-monetary platform
Value management can be a relatively low cost, high benefit process.
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