Value Engineering for Cost Savings
Value Engineering is a formal, structured process to ensure capital projects meet or exceed cost objectives without compromising project quality. Knepp Incorporated’s project teams use value engineering throughout a project, evaluating options with a focus on reducing project capital costs as well as life-cycle costs.
Our value engineering process divides the total project’s scope of work into components, and examines each individual component for alternatives that offer benefits in the areas of engineering design, equipment, material selection, construction, operations and maintenance. It is a structured application of proven techniques, applied at multiple phases of the project, with the primary objective of identifying cost reductions.
Value engineering is an area in which Knepp excels, with an established record of success in achieving major cost benefits for our clients.