Value Engineering. Value Engineering (VE) is the creative, organized process of analysis of a project as to cost and/or performance with a focus on analysis of the proposed facility (and its systems, assemblies or components) and the elimination or modification of those features which add cost without contributing to that facility's required function or design value.
Appears in 33 contracts
Sources: Professional Services Agreement, Professional Services, Professional Services
Value Engineering. Value Engineering (VE) is the creative, organized process of analysis of a project as to cost and/or performance with a focus on analysis of the proposed facility (and its systems, assemblies or components) and the elimination or modification of those features which add cost without contributing to that facility's ’s required function or design value.
Appears in 8 contracts
Sources: Professional Services Agreement, Professional Services, Professional Services Agreement