Value Management is an interactive process created to ensure that the best solutions are employed to reduce initial capital and long-term operational costs while preserving the aesthetic, utility, function and performance characteristics of your project. By employing Value Management techniques and bringing together in one place all of the various disciplines required to design your project, cost reductions are achieved without compromising the integrity of projects.
For the Value Management process to be successful, the VM team needs to know the capital and life cycle cost of the project going-in and the value/cost of any alternatives proposed during the session. BDC will provide the initial project costs for the session and evaluate value/cost alternatives. This real time interactivity promotes a continuous flow of ideas and prevents the disruptions that would occur if the group were continually waiting for costs to be assessed.