Hudson Associates, LLC

Value Engineering and Value Management Consultants

Phases

Phases of Value Cost Management








Workshop Process

Information Phase 
Function Analysis Phase
Creative Phase
Analytical Phase
Development Phase
Presentation Phase
Implementation Phase

Information Phase 

  • Objectives of Owner / User
  • Criteria, Codes, Mandates
  • Project Program
  • Project Budget
  • Project Schedule
  • Estimate of Cost
 Function Analysis Phase
  • What does it do?
  • What must it do?
  • What is its Value?
  • Identify Functions
  • Classify Functions
  • Select Targets
Creative Phase
  • There is Always a Better Way!
  • "Brainstorming"
  • Generate many Ideas!
  • Continuing Concepts
  • Contiguous Concepts
  • Opposite Concepts
  • Premise Plateau
Analytical Phase
  • Evaluate by Comparison
  • Research the Facts
  • Seek Out the Best Expertise
  • Document Resources
  • Does it Make Sense?
  • What is the Up Side?
  • What is the Down Side?

Development Phase

  • Prepare Sketches
  • Refine Cost
  • Research Life Cycle Costs
  • Document Resources
  • Advantages / Disadvantages
  • Does it Meet Criteria?
  • What is the Group's Opinion?

 

Presentation Phase
  • Each Proposal Stands Alone
  • Orally Presented / Debated
  • Savings are Cumulative
  • Life Savings are Real!
  • Final Recommendations
  • Final Written Report
Implementation Phase
  • Approve Acceptable Proposals
  • Assist the Design Professional
  • Respond to Requests for Information
  • Use Partnering to Negotiate Change
  • Monitor Project Progress
  • Report to Owner Regularly
  • Document Cost Impact
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