Value management is a structured and systematic approach to improving the value of the project. Prior to construction itgenerally consists of a number of meetings with the client during the preliminary design process.

During these meetings ideas are challenged and alternative materials and methodologies are explored. It is widely recognised that employing value management early on can assist in the success of a project and have a positive impact on the end product and cost.

During the construction phase, value management is equally as important.  Cost checks may reveal that the budget is being exceeded.  Therefore action must be taken to correct the offending detail to that which was originally intended or find cost savings elsewhere in the project budget so that the overall budget can be maintained.

Kwanto can offer the following services:

  • Facilitation of value management meetings
  • Quantification of material or methodology alternatives
  • Cost testing project scenarios
  • Advice on programming

Affiliations

NZIQSAuckland CouncilNZGBCProperty CouncilEco WarrantyMinistry of Business, Innovation and Employment