Value Engineering for Your Construction Projects

Companies in NEO who are looking at a construction project should consider the advantages of value engineering in Ohio, a primary objective in 620 Corporation’s project management approach. 620, who services Ashland, Cuyahoga, Lake, Medina, Stark, Summit and Wayne Counties, has been utilizing the principles of value engineering in commercial building for a long time.

What is Value Engineering? Value engineering actually began during World War II, when there were shortages of skilled workers, raw materials, and parts. Engineers began looked for acceptable substitutes and found that these solutions often result in reduced costs, a better product, or both, so something that began from necessity became a effective process that is utilized to this day. Value engineering is a deliberate method consisting of many steps, and is used in the design and construction world to provide the best project value by merging program, design and cost.

For example, in a typical construction venture, the client can expect to see 620’s staff go through a process like this:

First phase – information collection – the 620 staff reviews the specifications for the construction project. During this phase, 620 will review every piece of the effort and assign benefits to each of the items. After that, they assign a dollar value to each elemnt and actually engineer the effort to a your budget. These two steps ensure the 620 team can begin reviewing each item to identify more cost savings to meet the objectives of the construction project.

One of the most client-focused construction companies in Ohio, 620’s staff invests the time to define several of building approaches using budget engineering for the customer’s consideration. 620 brings their professional experience and an independent viewpoint to the effort and use value engineering to design the highest quality project at the best price available. The customer can expect to see an outline of all options to determine where the effort's budget is well spent. This budget engineering approach allows for many alternatives that can be fully reviewed during discussion with the client. All of the options are assessed based on how well they meet the project’s requirements and which will provide the greatest expense savings for the client. Following the customer review meeting, 620’s experts present their final recommendation to the client for in-depth decision. The value engineering method used by 620 Corporation will help ensure an end product that meets and exceeds the client’s expectations, on time and within budget.