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- W2134226948 abstract "<para xmlns:mml=http://www.w3.org/1998/Math/MathML xmlns:xlink=http://www.w3.org/1999/xlink> Applying value engineering (VE) in a construction project has proven to be an effective way to save the cost of a project. Different VE models have been developed and used in construction projects in the past. One common attribute of construction projects is the dependence of a highly qualitative decision making process: capturing, interpreting, and quantifying expert's subjective judgment. This study proposes an advanced five-phase VE model, each phase of which consists of a series of steps to better quantify subjective opinions of VE team members. Construction simulation technique, the Cyclic Operation Network, is used as a means to minimize subjectivity in estimating the value of different alternatives in terms of time and cost savings. A case study shows that the advanced five-phase VE model improves analysis, assessment, and decision on VE. This new approach has a great potential to minimize subjectivity during VE process and improves VE decision-making process by using quantitatively derived data from the simulation analysis. </para>" @default.
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- W2134226948 date "2009-08-01" @default.
- W2134226948 modified "2023-09-27" @default.
- W2134226948 title "Applying Process Simulation Technique to Value Engineering Model: A Case Study of Hospital Building Project" @default.
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- W2134226948 doi "https://doi.org/10.1109/tem.2009.2013831" @default.
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