Value engineering, the process of evaluating a project for potential changes that could save money without compromising on performance, typically happens for a few reasons in the realm of traditional construction. The project could be over budget, or the general contractor and owner might simply want to reduce costs or increase efficiency.

For example, the general contractor might go back to the subcontractor that will be installing the doors and ask that it revisit the hardware package and find some less expensive, similar options.Or a mechanical subcontractor with decades of expertise and knowledge about the practicality and functionality of certain systems in various types of project environments might be able to suggest alternatives to what was specified in the construction documents that, in the long run, make for a better choice.

It’s all about optimizing every aspect of the project.And, depending on the trade, value engineering efforts can be launched at several points during the project, even after building has begun.