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
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
