Implementing value engineering studies in public infrastructure project delivery framework
Some authors argue that Value Engineering (VE) is just an audit exercise carried out over the work of planners and designers, and that the large success it has had in organizations like the Federal Highway Administration (FHWA) in the USA is just a proof that engineers are doing things wrong from the outset (Winch, 2002).
In many cases, VE studies are executed just in a reactive manner when project managers face budget overruns and schedule delays.
However, VE has shown ever more effective when it is fully integrated into the organization’s project delivery framework. Nonetheless, deciding upon the best timing for executing VE studies still remains controversial. The timing is a critical factor for the effectiveness of VE studies and this article attempts to shed light on this issue
Fuente:
Biblioteca Virtual Banco de la República
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Artículos
