Value Engineering, Risk Management & Constructability Reviews
Effective value management through value engineering (VE) studies provides owners with a deep insight into a project's total construction and life-cycle costs and risks. By identifying high cost areas with low value and potential risks, VE studies promote efficient resource allocation, enabling owners to select the optimum solutions to complex problems — solutions that represent a practical balance between functionality, cost, performance, longevity and reliability.
ARCADIS has applied VE and risk management expertise to thousands of projects large and small, including highways, transit systems, airports, correctional facilities, educational facilities, laboratories, process facilities, water and wastewater treatment systems, storage structures, and conveyance, industrial and power generation plants, municipal buildings and judicial facilities.
Our proven total value management capabilities include:
- Benefit/cost and quantitative and qualitative decision analysis
- Life-cycle costing
- Process simplification and materials management
- Energy modeling
- Constructability reviews
- Risk analysis (qualitative and quantitative)
- Critical Path Method (CPM) scheduling
- Function Analysis Technique (FAST) diagramming
To conduct VE studies, we begin with complete project information and documentation produced by the owner and project development teams. We then use established value methodologies to uncover where enhancements can most likely be implemented. Working hand-in-hand with the owner, we generate creative solutions to achieve desired value improvements.
Our risk management is a systematic process to identify, quantify and mitigate in order to limit an owner’s exposure to project failure. We use the quantitative risk approach to provide a higher confidence level of the cost and schedule requirements of a project.
Performance, budgetary & sustainability benefits
The positive results of ARCADIS value management activities may take many directions. Where some project elements are costly but do not help the project achieve its ultimate goals, VE studies can provide alternatives that allow budgets to be met while minimizing the effect on performance or quality.
Often the owner confronts complex issues that must be addressed to satisfy multiple stakeholder needs or meet sustainability goals. In these cases, value management studies can help identify creative solutions, using design standards and guidelines that employ best practices.
Experience drives success
The strength of ARCADIS' value management capabilities is due to our experienced staff of certified value specialists, architects and engineers in over 15 specialized areas, including LEED-accredited professionals, schedulers, cost analysts and construction managers. Our expertise is reflected in the fact that ARCADIS experts have crafted industry-standard VE guidelines for the American Society of Civil Engineers.
Focus on client service
Our commitment to service, combined with our extensive list of successful value management consultations, makes ARCADIS a trusted single-source for the complex tasks needed to successfully complete and add lasting value to construction projects.