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AEC Technology Glossary

Preconstruction & Estimating

What is Value Engineering?

Value engineering (VE) is the systematic review of a design to deliver the required function at lower cost — substituting materials, simplifying details, or rethinking systems. Done well it protects design intent while cutting cost; done badly it is just cutting scope.

In practice

VE rounds typically happen when bids come in over budget. Cost-and-carbon tools have added a second axis: many teams now run VE against embodied carbon as well as dollars.

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