Application of Value Engineering in Residential Building Construction Projects

Value engineering is an approach that contributes significantly to cost efficiency and increasing the value of residential projects. With proper implementation, VE can balance functional needs, aesthetics, quality, and economic efficiency. The purpose of this study is to determine the process of implementing value engineering in residential building construction projects to achieve cost efficiency without reducing the quality and function of the building, the factors that support and inhibit the success of implementing value engineering in residential building construction projects and to determine the impact of implementing value engineering on design decision making, material selection, and cost effectiveness in residential building projects. The method used in this study is the qualitative method. The results of this study are that VE is a very strategic tool in supporting smart and measurable decision making in every stage of residential construction. Not only does it provide efficiency, VE also creates buildings that are more valuable, sustainable, and in accordance with the expectations of homeowners. The timely and planned implementation of VE from the early stages of the project will produce maximum benefits both in terms of technical, economic, and functional.