An increasing number of initiatives are being implemented to ensure the effectiveness of construction projects as their scale and complexity increase. Value Engineering (VE) and Building Information Modelling (BIM) are used as strategies to cope with large-scale and complex construction projects. VE involves a multidisciplinary team in a systematic workshop focused on improving the project function. VE is applied during the pre-construction phase where benefits can be maximized. The implementation of VE can be more effective with utilizing BIM, especially in providing accurate and adequate information. This paper explores the integration of Value Engineering (VE) and Building Information Modeling (BIM) within the Architecture, Engineering, and Construction (AEC) industry. This study proposes a framework that aims to systematically implement VE in construction projects by leveraging BIM and Common Data Environment (CDE) technologies. This framework consists of four main modules: (1) Upload project data into CDE, (2) 3D Design BIM model development, (3) Value Analysis / Engineering model, (4) Detailed Value Engineering Study. The integration aims to improve project outcomes, reduce costs, and facilitate better collaboration and communication among stakeholders. The benefits of the use of this structured approach include automating tasks such as quantity takeoff and cost estimating, utilizing 3D models for visualization, develop structured database which could manage, store, search, and share the past VE ideas among team members and applying the VE at the pre-construction phase, to avoid potential major redesigns, and more opportunities for improvement can be implemented.