Value Engineering Consulting Company Ensuring Optimum Project Outcomes

At Pinnacle Infotech, we have a competent team of experts who are well-equipped to analyze construction designs to make them more process-efficient and practicable through proficient value engineering services.

Although the word is frequently used, VE or Value Engineering for Construction is not always clearly understood or properly executed. It isn’t a design review process, nor does it involve lowering the cost at the expense of the quality and integrity of the project. When applied ideally, value engineering is exercised collaboratively by every stakeholder to deliver a project at the lowest possible cost without compromising on design quality.

Our expert team of construction planners and engineers brainstorm to design the building layout enabling functional efficiency while reducing the cost of operation and maintenance to minimal levels. Our BIM-based value engineering services focus on model designs that implement energy-efficient building workflows and material selection to optimize the performance and cost of the asset.

Our Value Engineering Services Assure:

Low Material Costs
Low Operational Costs
Easy Operations & Maintenance
Short Installation Time
Low Labor Costs

Value Engineering Benefits for Construction Project

Most construction projects go over their budgets for different reasons. The most common out of these are the ones related to the MEP system. Getting the wrong size or over-engineering designs can result in adding to the project costs. Our value engineers use BIM to eliminate all kinds of redundancies in the design without compromising quality, enhancing the output of the project in several ways, as cited below:

Improved system effectiveness and constructability
Reduction in material and labor costs
Short installation times
Enhanced asset value and safety
Ease in access during construction and post-construction
Projects can attain higher ROI

Our Value Engineering Process

Structured Process:

At Pinnacle Infotech, we follow a structured process, ensuring all aspects of mainstream construction practices and alternative solutions are optimized.

Data-intensive Approach:

In the initial construction phase, the value analysis team gathers relevant data to understand the project’s scope and budget constraints.

Functionally Relevant:

Our value engineering team conducts a detailed functional analysis to identify the project’s essential functions and provide the apt solution that best works as per the building lifecycle and project’s needs.

Innovative Thinking:

The engineering team encourages innovative thinking to explore alternatives that lead to cost savings.

Alternative Materials:

The project team considers alternative materials and construction procedures to achieve lower costs and enhanced efficiency, going with the modern demands of construction projects.

Cost Estimates:

Detailed cost comparisons and cost estimates are studied to determine the potential savings from initial costs and other trailing expenses at the planning stage.

Evaluation Assess:

Our value analysis team assesses the cost-benefit of each alternative, ensuring they provide tangible benefits without compromising the structural integrity or function.

Detailed Proposals:

The proposals are developed wherein cost-effective solutions are outlined that may maintain or improve the project’s function and, in the long term, the asset value.

Project Management:

The project management team ensures the implementation of the above solutions during the construction phase.

Cost Reduction:

This process focuses on cost reduction, whether in the form of reduced preliminary construction costs or reduced material costs, hence an increase in monetary savings.

Energy Efficiency:

Our value engineers ensure energy efficiency, thereby reducing maintenance costs in the long run and leading to more sustainable construction.

Quality Assurance:

Our team of quality assurance engineers ensures quality maintenance and the structural integrity of the project at scale during this entire construction process.

Project Outcomes:

Systematic approach ensures that project outcome meets the expectation of the project owners and provides cost-effective, high quality results.

Collaborative Effort:

The value engineering process brings together construction and design professionals, project managers, and other stakeholders to ensure all the involved members are on the same page regarding cost saving and the overall performance goals of the project.

Next Construction Project:

The lessons learned from the project are noted and documented to further enhance the value engineering process in the next construction project, thus continuously increasing building value and decreasing the overhead costs of the construction project.

By focusing on these key aspects, Pinnacle Infotech ensures that each construction project benefits from cost optimization and improved project value, resulting in optimum project outcomes.

Value Engineering In Construction FAQs

BIM elevates the process of Value Engineering for construction. It provides a comprehensive data-driven integrated model, which cohesively represents the project’s functional components, materials, methods, and costs involved, thereby letting construction planners and engineers work on different design options that enable energy-optimized and cost-efficient solutions.

Value Engineering is merely the process of ‘optimizing project functions through cost reduction on one side’, while making sure that the other key factors like the quality of output, performance, and safety are not compromised on the other side. Cost-cutting, however, merely focuses on a decrease in expenses for a project and considers only the monetary facet of the solution by just implementing cost-saving measures.

BIM for Value Engineering has many key benefits to offer in construction projects. It aids in accurate cost estimation, better collaboration among all stakeholders of the project, early recognition and resolution of design conflicts, and ad-hoc capability for visualization of design options to determine which will give the most cost-effective quality solution under the circumstances of the given project.

A value engineering consulting firm can help you accomplish common strategies like optimizing material usage, selecting alternate materials, working out the best construction methods in your case, simplifying design elements, considering energy optimization options, and enhancing constructability. A BIM consultant can help with suggestions for comprehensive value engineering strategies to help you build up the desired construction roadmap and execution framework for realizing maximum value from your project.

Ideally, value engineering for construction should be taken up during the designing or modeling phase of the project. However, it can be utilized to optimum benefit at any stage of the project across the planning and construction phases.