Proceedings of the International Science and Technology Conference "FarEastСon" (ISCFEC 2019)

Application of the Value Engineering Method in a Construction Company

Authors
D.N. Silka
Corresponding Author
D.N. Silka
Available Online May 2019.
DOI
10.2991/iscfec-19.2019.41How to use a DOI?
Keywords
Cost engineering, construction costs, investments, price monitoring, building structures.
Abstract

Technologies of value engineering are quite actively used at foreign enterprises. Russian enterprises that implement complex industrial facilities also confirm the relevance of engineering methods in solving various tasks for project management. The paper shows the principles of the value engineering application, as well as the parties concerned. The contents of the competences that relate to the value engineering are provided. Basic methods for the application of engineering methods by the Russian companies are given that allow using the advantages of the value engineering at all stages of the project implementation. All the conclusions and proposals are based on the analysis of many works of researchers in the field of construction economics and investment and construction engineering. The need to take into account the information flows rapidly generated due to the active development of information technology is considered as the challenges for development and application of the value engineering. The role of these technologies is shown to solve the practical problems of construction enterprises. Monitoring the cost of resources, their movements, BIM technologies are recognized as the main drivers for the development of the value management methodology.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Science and Technology Conference "FarEastСon" (ISCFEC 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
May 2019
ISBN
10.2991/iscfec-19.2019.41
ISSN
2352-5428
DOI
10.2991/iscfec-19.2019.41How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - D.N. Silka
PY  - 2019/05
DA  - 2019/05
TI  - Application of the Value Engineering Method in a Construction Company
BT  - Proceedings of the International Science and Technology Conference "FarEastСon" (ISCFEC 2019)
PB  - Atlantis Press
SP  - 152
EP  - 154
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-19.2019.41
DO  - 10.2991/iscfec-19.2019.41
ID  - Silka2019/05
ER  -