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Value
Engineering and Cost Benefit Analysis
At the heart of the design-build process is the concept of providing
the best value for the customer. It takes experience, communication, and a
commitment to listen to the customer with a view to providing what they value most.
Value engineering is an ongoing priority throughout the budgeting and design
process. Whether the owner makes decisions based on technical needs, aesthetic
needs, cost needs or any combination of the three, we stand ready with tools and sytems to
make those decisions easier and quicker.
Contrary to popular belief, value engineering is NOT mere cost cutting. As stated
above, value generally comes in three basic forms for our customers:
- Technical Value is value based on
function or process and is generally linked to the specifics of the owner's process that
is the basis of their business. In order to provide technical value, we must have
the technical expertise necessary to understand the owner's process and how best to
achieve their technical goals.
- Aesthetic Value is value based on perception and
appearance and generally deals with the functional aesthics of the owner's building.
An example of aesthetic value is in a building's lighting system. Value
conscious lighting design takes into consideration the engineering aspects of the lighting
systems (glare, visibility, illumination, color rendering, etc.) as well as their
aesthetic aspects (use of lighting to accentuate the building, artwork, etc.).
- Dollar Value is value based on
budget. Rarely do needs and wants match what an owner can realistically afford to
spend. Or, monies are available, but only for a specific period of time. It is
up to the design-build contractor to understand the owner's needs, wants and overall
budget and how important the decision-making process is to designing a successful project
within these value constraints.
Whether value is determined by electrical systems design for energy efficiency,
personal productivity, appearance or cost, at Merit
Electric, Inc. we stand ready with tools and sytems to make
those decisions easier, quicker and with greater reliability.
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