Integrating Value Engineering for Cost Optimization in the Construction Projects

  • Unique Paper ID: 181538
  • Volume: 12
  • Issue: 1
  • PageNo: 5339-5344
  • Abstract:
  • The construction sector, though contributing immensely to economic growth, is increasingly plagued by cost, time, and quality management challenges. To counter this, Value Engineering (VE) has risen to prominence as a strategic method of maximizing project value through function analysis to eliminate unnecessary costs without sacrificing quality. The current study emphasizes the increasing application of VE on mega projects, with indications of up to 20% cost reduction and improved sustainability. The research assesses major elements like masonry, plastering, and flooring, where replacements like AAC blocks, silica plaster, and Kota stone reported 15–25% cost savings and enhanced functional value. In items such as concrete, shuttering, plumbing, and ceilings, replacement materials added costs but immensely enhanced durability, performance, and sustainability. For instance, aluminum shuttering and Fly Ash + GGBS concrete enhanced long-term efficiency. Overall, application of VE to the chosen components resulted in 15–16% project cost savings, supporting VE's role in attaining cost-efficient, high-performance construction.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{181538,
        author = {Daivee G. Vyas and Jayraj Solanki and Darshan Shah and Jatinkumar Patel},
        title = {Integrating Value Engineering for Cost Optimization in the Construction Projects},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {1},
        pages = {5339-5344},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=181538},
        abstract = {The construction sector, though contributing immensely to economic growth, is increasingly plagued by cost, time, and quality management challenges. To counter this, Value Engineering (VE) has risen to prominence as a strategic method of maximizing project value through function analysis to eliminate unnecessary costs without sacrificing quality. The current study emphasizes the increasing application of VE on mega projects, with indications of up to 20% cost reduction and improved sustainability. The research assesses major elements like masonry, plastering, and flooring, where replacements like AAC blocks, silica plaster, and Kota stone reported 15–25% cost savings and enhanced functional value. In items such as concrete, shuttering, plumbing, and ceilings, replacement materials added costs but immensely enhanced durability, performance, and sustainability. For instance, aluminum shuttering and Fly Ash + GGBS concrete enhanced long-term efficiency. Overall, application of VE to the chosen components resulted in 15–16% project cost savings, supporting VE's role in attaining cost-efficient, high-performance construction.},
        keywords = {Value Engineering, Cost Optimization, Material Substitution, Functional Performance},
        month = {June},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 12
  • Issue: 1
  • PageNo: 5339-5344

Integrating Value Engineering for Cost Optimization in the Construction Projects

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