PROJECT VALUE MANAGEMENT

Project Value Management involves identifying the best value design solutions based on the clients’ project objectives.

Project value management includes value engineering and life cycle cost analysis techniques as well as proactive participation in workgroup focus sessions.

At any point during design, projects have a tendency to evolve outside of the budget. If the variance is insignificant (generally less than 5%), we examine the design and building systems to look for minor changes that could realign the project with the budget.

If the variance is significant (exceeding 5%), we may recommend a formal value engineering session to examine more economical material or design options by developing a list of possible alternatives. The objective is to not affect the functionality of the program but provide qualitative changes in material or design and realign the project with the budget.

© 2013 CRSP Cost Consultants Ltd.