Value Engineering: Practical Applications...for Design, Construction, Maintenance and Operations

by Alphonse Dell'Isola

Overview

Whether you are interested in enhancing your own applications of VE and LCC – or you need to understand the current methodology in order to hire a practitioner and oversee the process – this unique publication will provide the information you are seeking.

The book shows you:

• How to organize and apply VE and life cycle costing for maximum benefit
• Real-life VE demonstration projects – professionally organized reports, with recommendations you can apply right now
• Project workbook with forms to conduct a complete VE study

Product Details

ISBN-13:	9780876294635
Publisher:	Wiley
Publication date:	09/30/1997
Series:	RSMeans , #35
Pages:	464
Product dimensions:	8.20(w) x 10.60(h) x 1.00(d)

About the Author

Alphonse Dell'Isola, PE, RICS, FCVS, has been working full-time in construction management and value engineering since 1963, conducting over 1,000 contracts for various organizations and agencies on projects totalling more than $50 billion in construction, and resulting in implemented savings of some $3.5 billion. The author has also conducted workshops, seminars, and briefings on value engineering, construction management and project cost control for over 15,000 professionals. Mr. Dell'Isola is currently President of Projacs USA, a consulting firm for project management, value engineering, life cycle costing and cost control. Prior to this position, he served as Director of Value Management for Smith, Hinchman & Grylls, a design firm in Washington, D.C. Mr. Dell'Isola received his engineering degree from the Massachusetts Institute of Technology.

Table of Contents

List of Figures.

Preface and Acknowledgements.

About the Author.

Introduction: A Briefing.

The Objectives of Value Engineering.

The Reasons for Unnecessary Costs.

When to Apply Value Engineering.

VE Methodology and Techniques.

InterfaceWith Other Programs.

Demonstrated Impact of VE.

Part One: Value Engineering: Practical Applications.

Chapter One: Project Scope and Budget.

Elements of the Project Budget.

Prevalent Budgeting Techniques.

Cost Control.

Defining Project Scope.

Parameters and Parameter Cost.

Chapter Two: The Capitalized Income Approach to Project Budgeting (CIAPB).

CIAPB Objectives.

Measuring Property Value.

The Meaning of Capitalization.

The Capitalization Process.

The Need for Cost Control.

Chapter Three: Preparation of Cost Models.

Making Models.

Construction Cost Models.

Other Resources.

Types of Models.

Chapter Four: Planning for Value Engineering Services.

VE Objectives.

Level of Effort.

VE and Total Project Management.

Team Selection.

The VE Job Plan.

Chapter Five: Function Analysis.

Classifying Function.

Defining Functions.

Project Level Function Analysis System Techniques (FAST) Diagram.

Chapter Six: Creativity and Interpersonal Skills.

Creativity and Fixation.

Interpersonal Skills.

Human Factors.

Creativity Throughout the Job Plan.

The Generation of Ideas.

Delphi Technique.

Value Engineering—A Crafted Strategy.

Chapter Seven: Life Cycle Costing.

Decision Makers' Impact on LCC.

LCC and Total Building Costs.

LCC Terminology and Examples.

LCC Methodology.

Application of LCC to Buildings.

Chapter Eight: Integrating VE into the Construction Industry.

Planning and Design.

Construction.

Maintenance and Operations (M&O).

Chapter Nine: VE Applications to Risk Assessment and Analysis.

Risk Assessment.

Risk Analysis.

Part Two: Case Studies.

Case Study One: Corporate Office Building.

Case Study Two: Hospital and Staff Housing Complex.

Case Study Three: Refinery Facility.

Case Study Four: Master Planning Competition.

Case Study Five: Application to Design Review Government Headquarters/Complex.

Case Study Six: Highway Project: South Interchange.

Case Study Seven: Wastewater Treatment Plant.

Part Three: VEWorkbook.

Introduction.

List of Forms.

Phase 1: Information Phase.

Phase 2: Function Phase.

Phase 3: Creative Phase.

Idea Stimulator Checklist.

Phase 4: Analysis/Judicial Phase.

Analysis/Judicial Phase: Analysis/Development.

Analysis/Judicial Phase: Analysis/Evaluation.

Phase 5: Recommendation.

Phase 6: Presentation & Implementation.

Appendix.

Web Site Resources.

Value Engineering Services for CM/PM: Typical Scope ofWork.

Glossary of Terms.

Index.

Part Four: Diskette.

Life Cycle Cost Program with Linked Database.

VEWorkbook Forms with Supporting Linkages.

Editorial Reviews

A new text produced in lieu of a new edition of the author's previous ; it is complementary to the previous work in that the basics of VE are not presented. Rather, this text focuses on methods for successful application of VE concepts, including making the case to management for VE, integrating VE into planning and budgeting, conducting life cycle costing, and integrating VE into the design process. Case studies demonstrate application of VE strategies to a variety of commercial and civic projects. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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