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The Use of Value Engineering Techniques in the LHC Civil Engineering Contracts

Value engineering has become an increasingly utilized method for reducing out-turn costs on large complex engineering projects. In particular it has been used in offshore oil platform construction contracts to lower construction costs and provide viability to otherwise marginal oilfields. The proces...

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Autor principal: Watson, T
Lenguaje:eng
Publicado: 2000
Materias:
Acceso en línea:http://cds.cern.ch/record/435819
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author Watson, T
author_facet Watson, T
author_sort Watson, T
collection CERN
description Value engineering has become an increasingly utilized method for reducing out-turn costs on large complex engineering projects. In particular it has been used in offshore oil platform construction contracts to lower construction costs and provide viability to otherwise marginal oilfields. The process has recently been adopted on various civil engineering construction projects where, in certain cases it has led to significant cost savings compared to the client's original estimates. The CERN ST/CE group is currently in the process of applying value-engineering techniques to one of the four large LHC civil engineering contracts with the aim of reducing the overall cost to CERN. This paper discusses some of the basic principles of value engineering and in particular the contractual framework in which it is set. Several examples from the LHC civil engineering contract T054 are used to demonstrate the potential benefits of the method.
id cern-435819
institution Organización Europea para la Investigación Nuclear
language eng
publishDate 2000
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spelling cern-4358192019-09-30T06:29:59Zhttp://cds.cern.ch/record/435819engWatson, TThe Use of Value Engineering Techniques in the LHC Civil Engineering ContractsEngineeringValue engineering has become an increasingly utilized method for reducing out-turn costs on large complex engineering projects. In particular it has been used in offshore oil platform construction contracts to lower construction costs and provide viability to otherwise marginal oilfields. The process has recently been adopted on various civil engineering construction projects where, in certain cases it has led to significant cost savings compared to the client's original estimates. The CERN ST/CE group is currently in the process of applying value-engineering techniques to one of the four large LHC civil engineering contracts with the aim of reducing the overall cost to CERN. This paper discusses some of the basic principles of value engineering and in particular the contractual framework in which it is set. Several examples from the LHC civil engineering contract T054 are used to demonstrate the potential benefits of the method.CERN-ST-2000-008oai:cds.cern.ch:4358192000-01-25
spellingShingle Engineering
Watson, T
The Use of Value Engineering Techniques in the LHC Civil Engineering Contracts
title The Use of Value Engineering Techniques in the LHC Civil Engineering Contracts
title_full The Use of Value Engineering Techniques in the LHC Civil Engineering Contracts
title_fullStr The Use of Value Engineering Techniques in the LHC Civil Engineering Contracts
title_full_unstemmed The Use of Value Engineering Techniques in the LHC Civil Engineering Contracts
title_short The Use of Value Engineering Techniques in the LHC Civil Engineering Contracts
title_sort use of value engineering techniques in the lhc civil engineering contracts
topic Engineering
url http://cds.cern.ch/record/435819
work_keys_str_mv AT watsont theuseofvalueengineeringtechniquesinthelhccivilengineeringcontracts
AT watsont useofvalueengineeringtechniquesinthelhccivilengineeringcontracts