BUILDING ECONOMICS I 1180100739 I B-arch (IX-Sem)

VALUE ENGINEERING
Value engineering is a systematic, organized approach to providing necessary functions in a
project at the lowest cost. Value engineering promotes the substitution of materials and
methods with less expensive alternatives, without sacrificing functionality. It is focused solely
on the functions of various components and materials, rather than their physical attributes.
Value engineering is also called value analysis.

Why is Value Engineering important?

Value engineering is the process to ensuring your customer's satisfaction and utility of a
product is maximized. Without considering a product's use, cost, or functionality, a good may
lose its place in the marketplace because it doesn't solve a problem or reflect accurate financial
prices. Value engineering is important because it forces a company to evaluate its future plans
to maximize profitability.

Benefits of Value Engineering

• Flexibility
• High Quality
• Cost Reduction
• Minimizing paperwork value Attitude in staff
• on-time Delivery satisfy customer Save time & Money simplifying procedure
• improving Resource efficiency.
• Competing more successfully in market
• lowering staff cost

Uses of Value Engineering

• It is employed to lower costs for ongoing initiatives, procedures, goods, or services.

• It is used to raise reliability, availability, and quality while also increasing customer
happiness.
• Additionally, it allows organisations function better.
• It is an effective tool for locating issues and creating suggested fixes. The optimum
design options for projects, processes, goods, and services are found via value
engineering. It is employed to lower costs for ongoing initiatives, procedures, goods, or
services.

Value Methodology

The value methodology is a methodical procedure used by a diverse team to increase the value
of a project via the examination of its functions. A fair return or equivalent in products,
services, or money for something transferred is referred to as value. Value is frequently
represented by the connection Value Function/Resources, where function is determined by the
performance standards set by the customer and resources are determined by the materials,
labour, cost, and other factors needed to complete that function. A value approach focuses on
enhancing value by discovering additional ways to consistently carry out a function that
satisfies the customer's performance requirements.
 BUILDING LIFE CYCLE ANALYSIS

Life cycle assessment (LCA) is one of the best mechanisms for allowing architects and other
building professionals to understand the energy use and other environmental impact
associated with all the phases of a building's life cycle: procurement, construction, operation,
and decommissioning.

The materials used in construction, operation, and demolition are diverse, and there is a
potentially huge range of environmental criteria that are applicable to structures.

Buildings use energy at various times during their lifespan, including during construction,
maintenance, and demolition. As a result, life cycle analysis is used to examine them.

Buildings were a primary focus for environmental development because they accounted for
approximately 40% of global energy usage.

Steps involved in performing life cycle analysis-

Step 1: Make decisions that are explicit about the design comparisons to be made, test options
between various manufacturers of comparable items with various environmental
consequences, and assess a building to determine which elements have the most impacts on
the environment overall. It entails using references and spending time researching the
numerous possibilities on the market.

Step 2: Compiling data on a project's bill of materials, which includes operations like
transportation, construction, energy use, water use, and water treatment over the course of a
building's whole life. Materials' names or types, quantities, life lengths, and life cycle stages at
which they are employed are among the data mentioned.

Step 3: Determine your building's environmental impact. Calculations can be done manually or
with the aid of software tools.

Step 4: Graph the data after breaking down the environmental effects by building components,
material type, and/or life cycle stage. This clarifies which element has the greatest influence on
the architecture.