With the design team in place and a detailed set of construction parameters established during the preconstruction budgeting phase, value engineering will be applied to all areas of the project including design, construction, security systems, technology implementation, relocation and furniture procurement. The purpose of this function is to identify methodologies that will yield a least-cost approach to building the new facility. Labor and material-intensive scopes of work will be reviewed in detail. Cost projections on various construction applications of high volume/repetitive work will be presented to the client management team for approval to proceed. The application of specific pre-design value engineering techniques yield budget savings in the 5%-10% range.
