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#46 Cost-value engineering in the construction industry - in-depth methods for cost-optimised value creation in construction projects
24 Dec 2024
The podcast explains value engineering (VE) and cost-value engineering (CVE) in the construction industry. VE focuses on optimising functionality and reducing costs, while CVE prioritises cost control over the entire lifecycle of a project. The article describes the CVE workflow in detail, including information gathering, functional analysis and the development of alternatives. Finally, best practice methods for successful CVE are presented, with a particular focus on stakeholder engagement and lifecycle cost assessment. The podcast concludes with a conclusion that emphasises the benefits of CVE for economical and sustainable construction projects.
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