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How To Add Value To Your Estimates With Value Engineering
A Brief History
During World War II, value engineering was first introduced in the manufacturing industry by General Electric. In the beginning, they actually called it “value analysis” because of the shortage of supplies, skilled labor, parts, and materials during the war. Interestingly enough, this time of scarcity allowed the AEC industry to apply value engineering methods to a variety of projects. This eventually grew into a highly efficient and valuable process that is still practiced today.1 A
How To Add Value To Your Estimates With Value Engineering
A Brief History
During World War II, value engineering was first introduced in the manufacturing industry by General Electric. In the beginning, they actually called it “value analysis” because of the shortage of supplies, skilled labor, parts, and materials during the war. Interestingly enough, this time of scarcity allowed the AEC industry to apply value engineering methods to a variety of projects. This eventually grew into a highly efficient and valuable process that is still practiced today.1 A
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