Value Management
BTE is the leader in promoting and practicing the use of Value Engineering (VE) and Value Planning (VP) to deliver more cost effective and higher quality projects. VE is a creative process that analyzes a project’s components, considering the cost and worth, based on the functionality of each element. It can also be used effectively as a consultation tool to solicit community and stakeholder input early in the planning process to deliver better projects ahead of schedule.
Design and operational changes on projects have realized capital cost reductions of 10-30% without losing quality as well as additional reductions in life cycle costs related to energy consumption or societal savings in reduced collisions, collision severity and travel time savings.
