VALUE ENGINEERING IN RESIDENTIAL HOUSE CONSTRUCTION

The current construction practices require a great effort to balance the factors such as money, time and quality. Comparing with other industries it seemed that construction industry remains the toughest one to deal with. It is proven that certain modern techniques can be easily adapted to the project to balance the factors above said. Value engineering is an efficient tool among them for fostering the construction quality with an aim of low cost and high services. The value engineering study is carried out with analysis of basic functions of the project and based on that analysis unwanted elements in the project are scrutinized and eliminated. The function analysis is carried out with the help of FAST tool and the projects study deals with a step by step process. This thesis deals with implementing the value engineering concepts in a residential building project in order to reach out better quality with lower cost.