scholarly journals Analysing the Cost Benefits of Value Engineering in Construction Project by Replacing Material

Author(s):  
Kirtan Katharotiya,
2017 ◽  
Vol 7 (1) ◽  
pp. 43-52
Author(s):  
Mochamad Tamim Ma’ruf

One-solving methods and techniques necessary to avoid inefficiencies and not economic costs as well as reduce the cost of housing construction is the method of Value Engineering. Value engineering is a method and cost control techniques to analyze a function to its value at the lowest cost alternative (most economical) without reducing the quality desired.At the writing of this study used a comparison method by comparing the initial design to the design proposal of the author. In the housing projects Upgrading Tirto Penataran Asri type 70, the application of Value Engineering conducted on the job a couple walls and roofs pair by replacing some work items with a more economical alternative but does not change the original function and high aesthetic level and still qualify safe. For that performed the step of determining a work item, the alternative stage, the analysis stage, and the stage of recommendations to get a Value Engineering application and cost savings against the wall a couple of work items and partner roof.The proposed design as compared to the initial design. Work items discussed was the work of a couple wall having analyzed obtained savings of Rp. 2,747,643.56 and the work of the roof pair obtained savings of Rp. 2,363,446.80. Thus the total overall savings gained is Rp 5,111,090.36 or savings of 0048%.


1991 ◽  
Vol 24 (9) ◽  
pp. 31-43 ◽  
Author(s):  
M. D. Burgess

A harsh climate, extended dry periods and relatively expensive water resources underly the potential for effluent reuse in the Northern Territory, Australia. The cost of supplying potable water and the potential offsetting effects of utilising sewage effluent are reviewed. The need to firmly establish the true cost to the community of different supply options is identified. Major cost benefits accrue where reuse will enable deferment of either significant potable source augmentation or sewage treatment works upgrading and where horticultural prospects are good at a reuse site close to the treatment works. An overall strategy plan for increasing the potential of reuse is described. This plan includes firm cost management procedures, marketing activities, appropriate land planning measures and a commitment to research and development.


1993 ◽  
Vol 7 (3) ◽  
pp. 176-181 ◽  
Author(s):  
Charles Leonard

The cost–benefits of academic–industry alliances are examined as well as the mechanisms to achieve maximum benefit to all the participants. Strategies to ensure the effective transfer of technology from universities to enterprises are reviewed and suggestions on how these might be refined and supported are offered. The article also touches on the role of a university trading company which can be pivotal in enhancing and expanding academic–industry links.


Author(s):  
Chandan Chattoraj ◽  

The present paper considers the tribological principles on the maintenance of machinery whose three important areas are – Preventive, Condition Based and Proactive. Although breakdown is kept out of view, the morphology and analysis of failure provide important inputs for maintenance strategies. Condition based maintenance depends on three D’s – Detection, Diagnosis and Decision. In many machinery systems, the problem of predicting the remaining useful life – the Proactive part of the program, and evaluating the cost benefits are of enormous importance. Here the authors endeavor to highlight how the tribologist can significantly improve the maintenance practice.


2019 ◽  
Vol 5 (1) ◽  
pp. 29-34
Author(s):  
Ayu Herzanita

WBS (Work Breakdown Structure) plays an important role in every construction project. WBS is a hierarchy of decreasing scope of work to become the smallest level called a work package, making it easier in the process of project management and control. The current problem is that many contractors in Indonesia, both large and small contractors, do not understand the importance of using WBS in a construction project. This causes project performance to be less than optimal, especially on cost and time performance. Currently, WBS standards have been developed for building projects. In this study will look at the cost and time performance of the project from the use of WBS standard building. The sample used in this study are projects that have applied the use of project standards. The projects include Building X, Lecture Building Y, and Sports Facility Building Z. The method used in this study is the EVM (Earn Value Method) approach, collecting data using questionnaires. The results showed that using the WBS standard had an effect on cost and time performance. Good cost and time performance is shown in the Building X and Lecture Y buildings. While the cost and time performance of the Z Sports Facility Building tends to be unstable. This is because the work items that exist in the WBS standard are not in accordance with the project conditions, so it is necessary to adjust work items.


1970 ◽  
Vol 1 (2) ◽  
Author(s):  
Meriana Wahyu Nugroho

Every construction project certainly has constraint and barrier, to limit every constraint occurs in project conduction then it needs supervision or monitoring in carrying out of building activity. This research uses value result method to determine the time needed to finish and cost needed up to the finishing project. Here, there are there are three indicators attentioned in using result value method, they are BCWS, BCWP, and ACWP. The monitoring result from result value method calculation is that the estimation of the last finishing job are 123 days three days late from the normal is that 120 days in finishing. Whereas the cost spends up to the finishing job is estimated Rp. 612.512.649,00 lower than the cost determined, and it can be guess that the company get profits.Key words: project monitoring, result value methode, time, and cost.


2014 ◽  
Vol 971-973 ◽  
pp. 2458-2461
Author(s):  
Zhao Xia Ma ◽  
Guang Cai Yan

To survive and prosper in a more competitive construction market nowadays, a company must strengthen the cost management of construction project. This paper expounds the present situation of the construction project cost management, existent problem in the process of the construction project cost management. Countermeasure analysis of perfecting the construction project cost management is discussed in respect to the management concept and method, information technology application, the people-oriented and sustainable concept of development.


2014 ◽  
Vol 543-547 ◽  
pp. 4040-4043
Author(s):  
Wen Zhang ◽  
Li Juan Zhang

Enterprise quota is the foundation of project cost management. With the appearance of advanced construction technology, enterprise quota should be constantly updated and improved, so as to improve the level of enterprise cost management. This paper studies the impact of construction technology on cost management based on enterprise quota,and then demonstrated by the Value Engineering. From that, we know the advanced construction technology can help enterprise save the cost and improve the economical benefits.


Sign in / Sign up

Export Citation Format

Share Document