Value Engineering
Value of a product or service is defined as the ratio of function to cost. Value engineering, therefore, aims at reducing the costs of a project, while enhancing or preserving the basic functionality.
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Value Engineering (VE) or Value Management (VM) is a function-oriented, systematic team approach to improve the quality, or ‘value’ of a product/service, to optimize the performance and to reduce Total Life Cycle Cost of a project.
Value of a product or service is defined as the ratio of function to cost. Value engineering, therefore, aims at reducing the costs of a project, while enhancing or preserving the basic functionality.
Value Methodology offers the following benefits:
- Typical construction claims against owners
- Typical construction claims against the contractors
- Claim-analysis procedures
- Claims-prevention suggestions
- Record management
QSQ Outsource Value Engineering (VE) Services
QSQ Outsource is internationally recognized as a leader in the practice of Value Engineering in the Gulf region and is a member of SAVE International (Society of American Value Engineers). Our Value Management team members are Certified Value Specialists (CVS), the highest certification awarded by SAVE International. QSQ Outsource VE team has developed and applied several VE principles across the Middle East, thus helping our clients enhance their projects, and save precious resources.
Over the years, we have gained expertise in the application, instruction and writing procedures of Value Management to meet our clients’ requirements in various different industrial and commercial facilities. Through our experience, acquired over the years, we have developed quality design models by applying Quality Function Deployment Techniques (QFD) to ensure that the expressed design criteria for a facility incorporates the functional goals and needs of the end users of the facility.
We also offer Value Engineering workshops, training programs, courses and seminars, conducted by our CVS.
Comprehensive Value Management services we offer:
- Full fledge Value Engineering Studies on the Project
- Value Engineering training in real-time problem-solving workshops at your facilities
- Society of American Value Engineers approved VMF1 and VMF2 training workshops
- Executive Value Management briefings
- Value Management Program Development
- Constructability, Operability and Maintainability Design Reviews
- Supplier / Vendor Selection
Benefits of engaging Qserve Qatar Value Engineering Services
QSQ Outsource Value Engineering services can add enhancement and cost control for your projects by adding the following benefits:
- Avoid all unnecessary costs
- Overall project savings averaging between 5 to 20%
- Reducing costs while maintaining and improving the same functions and quality of the projects
- Systematic problem solving process
- Savings in initial and life cycle cost
- Savings in initial and life cycle cost
- Assuring the best value will be obtained over the life of the building
- Developing and creating innovative ideas
- Value oriented (measurement of scope performance/project costs)
- Function-based analysis
- A proven management technique
- Simplifying procedures
- Improving project schedules
- Reducing waste
- Increasing resources, procurement and procedural efficiency
- Improving quality management
- Protects the Client, Designer, Contractor and user from excessive capital, O&M and life cycle costs
- Proven expertise
- End-to-end services
- International experience
- Comprehensive resources
- Internationally trained CVS, engineers and architects
- Internationally trained CVS, engineers and architects
With our services, our clients have achieved:
- Enhanced operation
- 10-25% cost savings
- Lower life cycle costs
- Increased revenue
- Benefit to Cost ratio of 70:1