Presented at the Ist International Symposium on Innovative Approaches in Scientific Studies (ISAS 2018), Kemer-Antalya, Turkey, Apr 11, 2018

SETSCI Conference Proceedings, 2018, 2, Page (s): 221-221 , https://doi.org/

Published Date: 23 June 2018    | 1060     8

The construction sector aims to produce efficient projects by optimizing cost, quality and time. However, this is not always very easy. Projects may not be completed on time, budget may be exceeded or products may not be produced sufficiently high quality. For this reason, it is important to consider the project at the design stage and to consider all possible alternatives in order to achieve optimum cost, time and quality. It is possible to reduce the cost of building by the traditional cost control and planning methods that are being implemented, but the project owner often complains that quality is low in comparison to low cost. Value Engineering is a powerful methodology for solving problems and/or reducing costs while maintaining or improving performance and quality requirements. Value engineering can be defined as an organized effort directed at analyzing designed building features, systems, equipment, and material selections for the purpose of achieving essential functions at the lowest life cycle cost consistent with required performance, quality, reliability, and safety. Value engineering reviews new or existing products during the design phase to reduce costs and increase functionality in order to increase the value of the product. In this study, a value analysis study will be carried out to decide product selection in the construction industry.

Keywords - value, value engineering, value analysis, construction industry