News : Financial

Value Engineering in Construction: Our Approach to Project Design

Architects, Brokers, CM/PM's, Estimation, Financial, NEWS /

Value Engineering in Construction When applied to the construction process, value engineering has enormous benefits for developers. The multi-step process is an integral part of the design stage of new development and aimed at increasing value. In value engineering, value is defined as a function divided by cost. Concentrating on the maximizing the project’s function …

Cost Estimation: The Cornerstone of Every Construction Project

Conceptual Budgeting, Estimation, Financial, NEWS /

Laozi, an ancient Chinese philosopher, once said, “A journey of a 1000 miles starts with a single step.” Likewise, the most complex large-scale construction projects could not begin without an accurate estimation of costs. Accurate¬†cost estimation by professional construction estimators is critical in creating and maintaining a feasible budget of project costs. Elements of a …