Whether you are interested in enhancing your own applications of VE and LCC or you need to understand the current methodology in order to hire a practitioner and oversee the process this unique publication will provide the information you are seeking.
The book shows you:
- How to organize and apply VE and life cycle costing for maximum benefit
- Real-life VE demonstration projects professionally organized reports, with recommendations you can apply right now
- Project workbook with forms to conduct a complete VE study
List of Figures. Preface and Acknowledgements.
About the Author.
Introduction: A Briefing.
The Objectives of Value Engineering.
The Reasons for Unnecessary Costs.
When to Apply Value Engineering.
VE Methodology and Techniques.
InterfaceWith Other Programs.
Demonstrated Impact of VE.
Part One: Value Engineering: Practical Applications.
Chapter One: Project Scope and Budget.
Elements of the Project Budget.
Prevalent Budgeting Techniques.
Cost Control.
Defining Project Scope.
Parameters and Parameter Cost.
Chapter Two: The Capitalized Income Approach to Project Budgeting (CIAPB).
CIAPB Objectives.
Measuring Property Value.
The Meaning of Capitalization.
The Capitalization Process.
The Need for Cost Control.
Chapter Three: Preparation of Cost Models.
Making Models.&ll3/