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Saving money and, at the same time, providing better value is a concept that everyone can support. The benefits of optimizing infrastructure expenditures, constructing more with less money, increasing efficiency and reducing the amount of resource use must be recognized today and pursued in the future. • The application of Value Engineering profits is maximized without hindering the reliability of the product. • With the effective utilization of the technique the final outcomes come out to be a successful showcase of value engineering. In the constant battle to find a better way to fight inflation, validate cost estimates, and assure all stakeholders that the solutions being proposed are cost effective, the application of value analysis comes to the forefront, for both government and private decision-makers.
Value analysis is a proven technique used to combat runaway costs and is a process proven by countless owners, manufacturers and government entities. Society of Japanese Value Engineering defines VE as: “A systematic approach to analyzing functional requirements of products or services for the purposes of achieving the essential functions at the lowest total cost”.
Our space for Value Engineering undertaking is School Building. We chose our exploration region as Government Primary School, Tragad, Ahmedabad.
For our convenience we selected our exploration region as Planning & Analysis.
We carried out observations at various sections of building such as:
We visited these school and collected data such as Classroom size, Passage size, No of students, Working area, construction area, etc. From the basis of these data we conclude following results. We calculate working area ratio. For which ever school is high working area ratio is more efficient. • Here Adani Vidhya mandir school have high working space area. This is the graphical representation of the data. We also find for a constant area different aspect ratio and number of students. For almost same area we can play with length and width and use maximum of area. For 1. 4 aspect ratio we can use maximum space of the classroom. This part is only for planning. Same their different stages for the value engineering. Benefits of application of value engineering in construction projects in terms of
Value engineering is characterized by a branch of knowledge and practical methods to solve problems for other quality improvement in the following:
In future we will apply value engineering at different phase of construction, for example value engineering at planning, designing, execution and maintenance In future we are plan to design a school for different material steel, RCC, combined, masonry, PEB. From that whichever is more efficient is taken for construction. We apply value engineering to optimise the usage of area, similarly we will apply this to optimise time, resources, cost, etc. The most valuable alternative does not mean that of the lowest price, but it means that alternative achieving a great percent of the required functions with lowest cost. There are still many items in the educational building design, construction and maintenance needs to new valuable alternatives.
A vast study has been conducted on value engineering and the application phases has been analyzed in the thesis from the study it is noticed that value engineering is a powerful problem-solving tool that can reduce costs while maintaining or improving performance and quality requirements.
Value engineering can improve decision making that leads to optimal expenditure of owner funds while meeting required function and quality level. The success of the VE process is due to its ability to identify opportunities to remove unnecessary costs while assuring quality, reliability, performance, and other critical factors that meet or exceed customer’s expectation.
Further works of the thesis involves preparation of questionnaire based on the various aspects of a project as per mentioned in the methods and a survey will be done in various companies to check the related knowledge of the personnel towards those aspects. Further the data collected will be analyzed and suitable suggestions will be framed according to the data.
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