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Value engineering is a method that can help project owners and contractors achieve the best outcome for construction projects. It involves finding ways to meet the project's specifications while staying within the budget, timeline, and resources. This approach addresses the common question of how to achieve the best outcome at the lowest cost and in the shortest time possible. Every project owner or developer begins a construction project with a version of the same question. How can we achieve the best outcome at the lowest possible price within the shortest timeframe? The contractors performing the work approach each job with a similar query. How do we produce work according to the specifications within the available budget, timeline and resources? For many projects, value engineering can help answer both questions.
