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Implementation of value engineering in optimizing project's cost for energy infrastructure asset development

Value Engineering, one of the proven tool and the best system that should be applied to manage with the competitive environment of the industry. Using the Value Engineering toll does not influence the cost reduction only, but also it is improved that value engineering has a positive impact on the...

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Main Author: Sarmad Dashti Latif
Format: text::Final Year Project
Language:English US
Published: 2023
Subjects:
Value analysis
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spelling my.uniten.dspace-285052023-11-12T02:04:11Z Implementation of value engineering in optimizing project's cost for energy infrastructure asset development Sarmad Dashti Latif Value analysis Value Engineering, one of the proven tool and the best system that should be applied to manage with the competitive environment of the industry. Using the Value Engineering toll does not influence the cost reduction only, but also it is improved that value engineering has a positive impact on the development of varieties of constructions such as both initial and life-cycle costs of the construction projects. This study aimed to verify the strength and the drawback of this application through studying the most recent articles in the same area. Then, the paper reported on the main objectives to optimize cost by analyzing a case study of TNB project in Malaysia and building PMU Project specifically. This was by implement Value Engineering as an effective tool. Findings from this study approved the implementation of Value Engineering has successfully reduced the cost. 2023-11-10T02:32:39Z 2023-11-10T02:32:39Z 2018 Resource Types::text::Final Year Project https://irepository.uniten.edu.my/handle/123456789/28505 en_US application/pdf
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
language English US
topic Value analysis
spellingShingle Value analysis
Sarmad Dashti Latif
Implementation of value engineering in optimizing project's cost for energy infrastructure asset development
description Value Engineering, one of the proven tool and the best system that should be applied to manage with the competitive environment of the industry. Using the Value Engineering toll does not influence the cost reduction only, but also it is improved that value engineering has a positive impact on the development of varieties of constructions such as both initial and life-cycle costs of the construction projects. This study aimed to verify the strength and the drawback of this application through studying the most recent articles in the same area. Then, the paper reported on the main objectives to optimize cost by analyzing a case study of TNB project in Malaysia and building PMU Project specifically. This was by implement Value Engineering as an effective tool. Findings from this study approved the implementation of Value Engineering has successfully reduced the cost.
format Resource Types::text::Final Year Project
author Sarmad Dashti Latif
author_facet Sarmad Dashti Latif
author_sort Sarmad Dashti Latif
title Implementation of value engineering in optimizing project's cost for energy infrastructure asset development
title_short Implementation of value engineering in optimizing project's cost for energy infrastructure asset development
title_full Implementation of value engineering in optimizing project's cost for energy infrastructure asset development
title_fullStr Implementation of value engineering in optimizing project's cost for energy infrastructure asset development
title_full_unstemmed Implementation of value engineering in optimizing project's cost for energy infrastructure asset development
title_sort implementation of value engineering in optimizing project's cost for energy infrastructure asset development
publishDate 2023
_version_ 1806426081219051520
score 13.211869

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