Value Engineering Maryland
Value engineering is the practice of lowering expenses during a construction project without sacrificing performance. This is the idea of replacing materials with cheaper alternatives that serve the same purpose as the previous ones. This concept emphasizes using products that get the job done rather than having additional benefits.
The evaluation of products usually occurs in the design stage since that is the time to plan everything out. The objective is to get the same results with the substitutes that the more expensive options had. Value engineering is considered a noteworthy option for any contractor trying to budget their money. Armada Hoffler’s design-build offers operational advantages such as the ability to fast-track work based on the close, contractual relationship between the designer and the builder. Clients who take advantage of this turnkey solution also benefit from costs being minimized, schedules streamlined and efficiencies realized without sacrificing quality or performance.
While the purpose of value engineering is to save money, safety is still the number one priority. Sometimes choosing the cheaper option means losing quality along the way. That should not be the case in this scenario. It is about finding the highest quality products for the cheapest price.