ABSTRACT
The value of a product or service is recognized according to the
appropriateness level of its performance and cost. It can almost truthfully be
said that, by this definition, value can be increased by either increasing the
performance or decreasing the cost. While, a product is considered has
insignificant value if it lacks either appropriate performance or cost. Therefore
technology factor which has impact on the performance and cost of products or
services in construction should be considered in their identification to gain
optimum value. The objective of this paper is to assess the value of Slip
Forming (SF) technology using value engineering by investigating its
performance, cost, constructability and productivity in construction projects
that are matching modern construction technology. SF is one of these new
techniques that have improved itself in the construction industry for decades
around the world. The basic concept and approach of Value Engineering (VE)
is implemented in this paper for achieve its objective. VE is a methodology
used to analyze the function of the goods and services to obtain the required
functions of the user at the lowest total cost without reducing the necessary
quality or performance. The approach of VE implemented is concerned with
function improvement, time reduction, and improving performance through
lesser consumption of energy, as well as, cost reduction. VE technique
provides us with a systematic approach take in its account the design and
construction projects, not making cost cutting while maintaining or improving
the value. The application of VE principles causes people to work better as a
team, searching always to improve their system of production and services. It
helps any organization to improve and investigate its resources with the
optimizing cost.