MAPCO provides practical value engineering options to minimize the project budget. We ensure the highest quality project at the lowest possible cost. Our specialized team helps clients understand whole project outputs, to achieve best value in the long-term. Our value engineering identifies signs of the over-engineered system, and other high-value areas to save you money. We help clients appreciate how a detailed understanding of whole project can inform decision-making that involves more than the consideration of capital budgets. Our value engineering support also helps eliminate any unnecessary costs.
Value engineering is used to solve problems and identify and eliminate unwanted costs, while improving function and quality. The aim is to increase the value and performance at the lowest possible cost. We consider the availability of materials, construction methods, transportation issues, site limitations, planning and organization, costs, profits and benefits that can be delivered include a reduction in project cycle costs, improvement in quality.
Our value engineering solutions involves:
Identifying the main elements of a project.
Analyzing the functions of those elements.
Developing alternative solutions for delivering those functions.
Assessing the alternative solutions.
Allocating costs to the alternative solutions.
Developing in more detail the alternatives with the highest likelihood of success.
Taking a wider view of the project and looking at the selection of materials, plant, equipment and processes to see if a more cost-effective solution exists that will achieve the same project objectives.
Balancing initial cost and running cost to the benefit of the client and end user.