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Guidelines for Value Engineering - 2017

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Guidelines for Value Engineering - 2017

PUBLISH DATE 2017
PAGES 40
Value Engineering (VE) is a function-oriented technique that has proven to be an effective management tool for achieving improved design, construction, and cost-effectiveness in various transportation program elements. Data collected by the Federal Highway Administration (FHWA) indicates that the return on investment can approach or exceed 100:1. These guidelines recognize the need for the prudent use of resources and revenues, while providing a quality transportation program. States that have active VE programs have realized additional benefits beyond design improvements and cost savings. 2017. 38 pp.
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