Performing Value Engineering of a Condominium development project.

• You have been assigned to manage a 20 storied condominium project. Project team is completing the final design of the project.
• As a Project Manager of this important project for your company you are asked to perform a value engineering of the project.
• How do you perform the value engineering for this project?
• What are outputs you should be focusing on?
• What are the challenges and limitations of performing value engineering?

Including in your analysis the following:

1. Introduction and Purpose
2. Understanding of the problems/issues
3. Identify potential solutions of problems stated
4. Shortlist probable solutions and evaluate solutions
5. Recommendations/preferred solution
6. Lessons Learnt
7. Assumptions and Limitations
8. Conclusion