I once had a project where an adjacent landowner almost came to blows with my site inspector before any ground was broken. Although we purchased a piece of his land and showed him the plans before the construction bagan, he decided once he saw construction folks arriving on site that the project was going to impact the drainage on the land he still owned (we … [Read more...]
A Value Study attempts to improve the value of a project using value engineering methodology. This is defined by the Value Methodology Standard, published by SAVE International. Typically, a value engineering team meets for 1-3 weeks, during which they work through the "job plan" as outlined by the standard. According to the Value Methodology standard, there are 6 … [Read more...]
In my industry, value engineering is something that's codified in the standard specification book, the one that's tossed into every contract to define the standards for the project. It allows a Contractor to approach the owner/consultant and request design changes. If approved, the savings are shared with the Contractor. I've never seen the clause used, although I can … [Read more...]
In project management, a Work Breakdown Structure (WBS) is a planning tool whereby the project scope is divided into logical sub-components. It is a graphical representation of the project scope and forms the basis for further planning, such as the cost and schedule. It is not a scheduling or costing tool. A good WBS should be created in advance of the schedule to keep the … [Read more...]
