VALUE ENGINEERING
The application of Value Engineering principles on projects and products can provide effective solutions and alternatives that frequently afford savings ranging from 5 % to 20 % of the overall cost of the product or project. This is accomplished by eliminating extra costs that do not serve the required function or purpose
Value Engineering is not a random cost reducing method. Some confuse cost reduction based on cancellation of part of the works, which disrupts the basic factions of the project, with Value Engineering- Value Analysis- Value Management, which is characterized by application of a global view, creative thinking and group work.
Among the many benefits achieved through the application of Value Engineering principles are:
* The efficient use of resources.
* Presenting concepts, alternatives and analysis in a scientific
procedure.
* Controlling costs at various project stages.
* Setting objectives and requirements, and distinguishing needs
from wishes.
* Improving quality and reduction of costs.
* Putting limitations on design basics and safety factors.
* Concentrating on total costs instead of initial costs.
* Presenting distinguished services in the Value Engineering field.
At Future Engineering , with all aspects of our work, we employ a process of value engineering to ensure design, specification and implementation of every project is the best we can make it.
We focus on three specific areas:
1- Value Discovery.
2- Value Realization.
3- Value Optimization.
Naturally different projects have a different emphasis on the most important aspect. Once we have established our clients requirements, we can produce a proposal using these principals to best satisfy the requirement
Future Engineering offers to its clients the best value engineering services which includes:
A - Value Engineering studies for projects with:
* Simplification of process and operations for products.
* Developing new production alternatives.
B- Promoting awareness of Value Engineering:
* Assisting public and private firms to establish value engineering programs to improve and develop its resources and project in order to be competitive locally and internationally.
* Organizing training lectures, workshops, and meetings to promote value engineering awareness among public and private entities.
* Establish and facilitate Value Improvement procedures.
* Providing Value Engineering professional training and certification.
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