Welcome to our new site version. Your web page bookmarks may have changed, please search for pages by title to update them. Having problems ? Please try clearing your web browser cache and hard-reloading your web page first before contacting our webmaster.

Usefulness Well Established When Applied Appropriately

[document] Submitted on 19 July, 2019 - 08:14
Keywords Usefulness Well Established When Applied Appropriately required performance

In General, value engineering is a systematic search for less costly alternatives to a proposed or the accepted way of doing things. Specifically, it is a process for evaluating the functions of systems, equipment, facilities, services, and supplies for the purpose of achieving the essential functions at the lowest life-cycle cost, consistent with required performance, reliability, quality and safety.

For example, a value engineering study could include that a different, initially more expensive heating system would be less costly over the life of system because it was more energy efficient than a proposed system with a lower acquisition cost.

Document identifier
Date published
Document type
White Paper
Defines standard
Replaced/Superseded by document(s)
Cancelled by
Amended by
File MIME type Size (KB) Language Download
GAO_VE_Usefulness_Well_Established_When_Applied_Appropriately(1992).pdf application/pdf   525.93 KB English DOWNLOAD!
File attachments

GAO has done considerable work on value engineering since the 1970's and recognizes the concept as a proven cost saving technique. As early as 1974, after reviewing value engineering activities at 10 federal construction agencies, GAO recommended that all federal Construction agencies adopt value engineering programs.

Visit also