Guidelines for Value Engineering
|Publication Date:||1 January 2017|
Benefits of a Value Engineering Program
The American Association of State Highway and Transportation Officials (AASHTO) recognizes the need for the prudent use of resources and revenues while providing a quality transportation program. Value Engineering (VE) is a function-oriented technique that has proven to be an effective management tool for achieving improved design, construction, and cost-effectiveness in various transportation program elements. Data collected by the Federal Highway Administration (FHWA) indicates that the return on investment can approach or exceed 100:1.