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Cost Reduction on Government Project by Implementing Value Engineering at the Construction Stage

Author(s):

Suthar Dhruv Piyushkumar , Indus Institute of Technology & Engineering; Jitendra Patel, Indus Institute of Technology & Engineering

Keywords:

Value Engineering, Construction Cost, Construction Materials

Abstract

The paper discussed the concept of Value Engineering, its job plan and the analytically effective implementation of Value engineering concept through a different Study and its efforts have been put into the government construction project site. The material is chosen such that the cost is reduced without affecting the quality of the product and environment (Environment friendly materials). The best feasible solution from the available alternatives is chosen through the cost model and materials ranking. Through the application of Value Engineering profits are maximized without hindering the reliability of the product. With the effective utilization of the technique the final outcomes comes out to be a successful showcase of value engineering.

Other Details

Paper ID: IJSRDV4I30619
Published in: Volume : 4, Issue : 3
Publication Date: 01/06/2016
Page(s): 590-593

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