Opinion: The impact of true value engineering ...United Arab Emirates

Across the construction industry, many of us use the term ‘value engineering’. In fact, it’s often a topic that sparks hot debate between contractors and consultants, sometimes with different approaches to the practice. But do we know how and why value engineering was conceived? Value engineering was first practiced during World War II as a response to skilled labour shortages and lack of raw materials. Lawrence Miles, an engineer at General Electric, noticed that some material substitutes were not only effective at reducing costs but also resulted in a final product of greater value and quality than before. And so, the methodical approach of value engineering was born. In my opinion, value

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Last updated : 29 June 2021 clock 12:15 PM

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Opinion: The impact of true value engineering ...United Arab Emirates

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