Value analysis is an organized approach to identify and eliminate wastage and unnecessary costs.” Assess the truth of the above statement and describe how you would apply the construction-oriented value management theory to a project of your choice detailing all phases of value approach.

Value analysis is an organized approach to identify and eliminate wastage and unnecessary costs.” Assess the truth of the above statement and describe how you would apply the construction-oriented value management theory to a project of your choice detailing all phases of value approach.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter17: Elemental Estimating

Section: Chapter Questions

Problem 2RQ

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“Value analysis is an organized approach to identify and eliminate wastage and unnecessary costs.”

Assess the truth of the above statement and describe how you would apply the construction-oriented value management theory to a project of your choice detailing all phases of value approach.

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