• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.88-95
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• 2001

To convert the construction industry from 'the high cost, the low efficiency' to 'the low cost, the high efficiency and value-added industry' and to enhance the performance and quality of products while reducing the cost, the related law and guideline were established and promulgated, which regulate that value engineering workshop during the preliminary design and the detail design stage should be a mandatory process. But VE practitioners are still confusing in choosing the proper value engineering process, because processes those are described in the various references use the different terms, steps and activities, even though they have their own specific characteristics. To resolve these confusions, the existing steps and activities of three kinds of the literature, four kinds of the organization's policy and other four kinds of study examples relating to the design VE were examined. And then, the differences and expecting problems were extracted through the comparison and analysis of those materials. After that, VE specialists' opinion through the questionnaire survey were grasped. Based on those studies the improved design VE Job Plan and activity statements were suggested.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.1294-1299
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• 2009

Best value in value engineering has relation to cost and performance. But a severe problem in VE study of a project is to reduce value due to loss of performance, caused by focusing on cost reduction. Also a lack of understanding performance concept, no trial VE workshop as well as cost saving-based policy have not satisfied customer needs. A efficient and practical methodology for accomplishing best value in construction projects is proposed. This study developed a more objective approach for performance measurement approach of mega projects and suggested a systematic process of performance quantitative analysis verifying value improvement. The proposed performance measurement method would be very useful for better communication and consensus between stakeholders and VE team especially through value engineering.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.143-148
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• 2008

This study is VE LCC case analysis on two school BTL projects which is constructed by Private sector and rented to government. Then private sector payback their initial cost and profit by rental fee from government. The VE in Korea, revised by the method of the Construction Technique - Enforcement Ordinance in 2005 is applicable to construction business which size is over 10 billion won. The VE well known as a way of productivity elevation is already proven and outstanding management method In construction industry inside and outside of the courtly. As its unique personality of BTL business, VE workshop period is too short. There is a few accomplished BTL project and data base, because BTL business begun from year of 2006. So we are trying to proof effect of VE LCC through case study of school BTL projects.

• Korean Journal of Construction Engineering and Management
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• v.15 no.1
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• pp.28-38
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• 2014

Construction value engineering(VE) is often performed in the form of a short term review of designs, rather than during a regular workshop with a standardized work plan, and its application method is limited. Thus, tasks are performed by applying the method in reverse depending on the VE results, and function analysis, a key VE method, is omitted or only applied for the sake of formality. In addition, it is hard to expect great results from VE because of insufficient time and budget allowed to perform VE and a lack of understanding of VE procedures and methods. In particular, the methods used to store and reuse the tremendous amount of ideas and information created during the process of VE implementation is not systematic. Even the Korea Expressway Corporation, which has produced relatively systematic VE performance compared to other institutions, has had the above-mentioned problems. Therefore, this study aims to improve existing VE processes and suggest a method to efficiently store and retrieve VE information by analyzing the limitations of construction VE practice and the characteristics of VE for highway facilities as part of improving design VE performance.

• Korean Journal of Construction Engineering and Management
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• v.12 no.4
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• pp.29-39
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• 2011

In Korea, many mixed-used development projects(MXD) in mega project size are currently active. As these mega projects require long-term construction and execution and involve by different subjects in different fields, their completion breeds various problems, such as conflicts among project participants due to their complicated interest relationships and inaccuracy in predicting the economic performance of the projects due to inappropriate facility capacity planning. To solve these problems, it is essential to apply value engineering (VE) at the planning phase of the project, which can result in the best possible cost reduction and improvement of project performance. However, not many projects are actually implementing VE because of the lack of available information, as well as the limitations due to uncertainty in the early period of project execution. Therefore, this study aimed at proposing VE Team Building, Quality Model Performance Indexes, Space Model so as to resolve common mega project problems and overcome VE application limitations at planning stage. The result of this study is expected that the data can be utilized as basic data to apply VE at the planning phase of the large complex projects.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.22 no.50
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• pp.257-266
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• 1999

The objective of this study is to suggest DARE (Decision Alternative Ratio Evaluation) Method, which is usually using in VE(Value Engineering), as one of the evaluating alternatives techniques, especially deciding location. The process of solving location problem consists of 4 stages which are Data gathering and Confirming check list, Design of evaluating methodology, Evaluating, and Conclusion. In second stage which is the most important one among those, DARE method is adopted to solve location problem as a objective and scientific technique. The members who are participated workshop extremely agree to whole procedure of methodology and also their own conclusion through Workshop. This case study shows DARE method fits with select optimal location.