Value analysis in the construction sector: optimize your project
Value analysis is a structured process aimed at improving the value of a construction project by analyzing its functions, costs and technical solutions to optimize design and direction choices. It allows you to question the proposed solutions, explore alternative scenarios and come up with options that offer a better balance of needs, performance and costs.
At DECASULT, value analysis allows you to optimize your approach, respect your budgetary constraints and enhance the overall performance of your project as of the initial development phases by helping you to make the most relevant decisions at the right time.
Why you should take advantage of this service
Construction costs optimization: look beyond the budget
Certain decisions made for a construction project have a major impact on the overall cost, timeline and performance. Value analysis allows you to take a step back, review solutions, compare alternatives and ensure that each important decision truly adds value to the project.
The process is particularly relevant where:
- The project has exceeded the forecasted budget or must be optimized
- Several different solutions must be compared
- The project is complex or involves innovative elements
- The project scope must be adjusted without compromising its needs
- The project has reached the design or plan review phase
- Important decisions must be made before the call for tenders
- The organization would like to improve the project’s overall performance
DECASULT is an independent firm that specializes in value analysis of construction projects. By applying a structured and proven process, we can help you with reviewing the proposed solutions, strategically orienting your project and making informed decisions at key development stages.
DECASULT’s intervention process
Extensive expertise to analyze and improve your project’s value
- Defining and validating project functions before the preliminary stage
- Preparing the functional statement of work
- Planning and organizing value analysis workshops
- Leading multidisciplinary value analysis workshops
- Functional analysis and identification of essential functions
- Exploring and comparing alternative solutions and choices
- Evaluating and developing better options
- Recommending a process that offers the best overall value
- Drafting a value analysis report
- Support with integrating value analysis into the project management process
Our approach
Game-changing real-world experience
We have supported dozens of organizations with projects of varying complexity. This concrete experience, independence and unique expertise in construction project management allows us to conduct an in-depth analysis and see the big picture rather than simply reviewing costs. As a result, we can truly add value to the project.
Deliverables
Practical tools for structured decision-making
This approach gives your team practical tools for tracking the options explored, documenting the thought process and ensuring consistency throughout the project.
Project statement of work and functional decision tree.
- Project statement of work and functional decision tree
- Log of ideas and alternative solutions proposed
- Development and analysis of proposals for value improvement
- Analysis and comparison of retained scenarios
- Recommendations and selecting the optimal choice
- Value analysis report
- Documenting decisions and suggestions for improvement
What could the impact be?
More solid decisions for more efficient projects
- Decisions based on comparative analyses rather than assumptions
- Better budget control without compromising on the project’s essential functions
- Stronger alignment of needs, scope, costs and timelines
- Reduced risks related to technical choices and changes over the course of the project
- A clear vision of all possible options and their financial and operational impacts
- A project that is better defined, justified and defensible to stakeholders
Have you explored all the options?
Before making important decisions, take time to analyze the possible solutions and their impacts.