01645309

Monograph

http://www.trb.org/Main/Blurbs/176394.aspx

This report examines the state of the art in managing project development and delivery. It addresses these concerns through application of Value Engineering (VE), a systematic process that combines creative and analytical techniques to achieve a common understanding of project requirements, stimulating innovation and maximizing the use of resources to meet critical needs. At the project level, the goal of VE is to achieve balance between project needs (e.g., quality, safety, operations, environment) and resource (cost, schedule, materials, etc.). The products of this study include a detailed analytical report, a set of seven training videos, a comprehensive Excel-based Value Management System Tool, and a sample project application of that tool. The system tool and the sample project application are available on the TRB web site (www.trb.org). The seven training videos, also accessible on the TRB web site, address a range of issues from initial project setup through analysis of risk and uncertainty and consideration and selection of effective project delivery methods.

Project 19-11

English

107p

2017

NCHRP Research Report

9780309446488

Digital/other

Figures; Tables

Construction projects; Project delivery; Risk analysis; Value engineering

Administration and Management; Construction; Highways

TRIS, TRB, ATRI

Aug 31 2017 10:10AM