Value engineering increases innovation opportunities, improves cost-effectiveness, enhances performance, and fosters partnering with project participants.
David Flynn Ltd. integrates value engineering into the engineering development and construction management phases of projects to eliminate unnecessary life-cycle costs without sacrificing important project components such as safety, quality, environmental compliance, or other functional requirements.
Although value engineering can be applied during any phase of a project, DFL's experience demonstrates that the ability to influence project cost is greatest during the earliest stages of a project.
DFL uses two methods to conduct value engineering:
1. Ongoing optimization of project by project staff. Looks for ways to optimize the design and construction and produce resultant time and cost savings.
2. Specialized value engineering teams assigned to specific projects. An interdisciplinary team identifies and reduces life-cycle costs by generating a large number of ideas that may be developed into feasible changes.