Value Management (VM) attempts to balance the relationship between the overall cost and the value of end project within given constraints and requirements. VM enables determination of the most suitable methodologies to be applied for a given location and expected life of the project. Buildability is a review and assessment of the proposed project and its design to detect possible ambiguities or lack of detailed information or documentation.
Developed for the Federation by Stewart Lawler in association with UWS 2009. Final Draft.
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