Value Engineering

Introduction

Quantum provides Value Engineering for the projects to improve functionality of the elements, create balance between cost and quality of elements, and limit time of the project. Property management involves the processes, systems, and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition.

Scope of Services of Value Engineering

Research and consulting / Project feasibility

• Site and Catchment Analysis

• Demand Assessment

• Supply Mapping

• Product Mix Derivation

• Product Pricing

• Development Strategy
Architectural Design, FSI and Zoning regulation

• Review of DBR & design w.r.t. Design Brief.

• Review of design in terms of core efficiency, FSI to carpet ratio, internal circulation (furniture layout, toilet layout etc), flexibility for future provisions etc.

• Project Massing review w.r.t. design constraints, FF regulations, height constraints, elevational treatment etc.

• Review of finishes (internal & external), fittings & fixtures& alternative solutions based on space efficiency, cost, availability, durability etc.

• Review of alternative solutions in terms of possible impact on other design aspects of the project as well as impact of alternative solutions of other designs on arch. Design with co-ordination of other teams in VE & short list the solutions
Structural design

• Review of loading parameters, load system, construction methodology in terms of onsite plant, machinery, construction sequence, ease of construction etc.

• Review of possible change in structural design to suit the construction sequence.

• Review of possible changes in foundations – most beneficial based on Geotechnical report.

• Review of possible changes in terms of optimization of column grids, sizes, flooring system, etc.

• Review of possible material substitutes in terms of slabs, block works, finishing works etc.

• Review of possible changes in external façade system in terms of cost, material etc.

• Review of alternative solutions in terms of possible impact on other design aspects of the project as well as impact of alternative solutions of other designs on the structural Design with co-ordination of VE team & short list the solutions.
Facade System

• Review of possible changes in façade design in terms ease of construction, reduction in cost etc.

• Review of possible alternative specifications based on availability, feasibility, cost, ease of construction etc without affecting quality of the project parameters.

• Review of alternative solutions in terms of possible impact on other design aspects of the project as well as impact of other design solutions on the Façade design with co-ordination of other teams in VE & short list the solutions.
MEP design and alternative technologies

• Review of DBR & design w.r.t. Design Brief.

• Review of design in terms of space requirement, technical efficiency & cost efficiency.

• Review of possible alternate solutions to reduce cost / increase value within same budget, speed up construction / ease of construction, project improvement.

• Review of alternative products / schemes

• Review of alternative solutions in terms of possible impact on other design aspects of the project as well as impact of alternative solutions of other designs on MEP Design with co-ordination VE team & short list the solutions.
Scheduling, planning and execution of the project

• Review of construction methodology proposed in the project.

• Review of the alternative construction methodology if any, which can give best possible results within the time period under master schedule.

• Review of alternative materials in terms of cost, efficiency, durability, availability, current market practice etc.

• Review of all alternative solutions in terms of possible impact on the construction methodology, master schedule, and cost of the project as well as impact of alternative construction solutions on other designs along with co-ordination VE team & short list the solutions.
Quantity surveying and Costing

• Review of the DBRs & designs w.r.t. Design Brief.

• Review of all the BOQs, contracts /cost estimate /budget/ master schedule of the project.

• Reviews BOQ if the quantities considered need to be revised / any items are missed out from the design.

• Analyse the terms & conditions in the contracts which can affect the schedule of the project & increase the budget.

• Evaluate possible cost reduction for current design parameters, contract parameters.

• Evaluate possible changes in cost in co-ordination with other members of VE team, in each of the various alternative solutions suggested in the design by VE team & assist in short listing the solutions.

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