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Glossary

Value Engineering

Value engineering is a structured review of a design to find ways to reduce cost or improve value without reducing the function that matters to the owner.

Value Engineering

What it means

The process compares options for materials, systems and methods, and looks at first cost as well as long-term cost. It may suggest a different product, a simpler detail, a change in layout or a different sequence of work.

Good value engineering is not simply cutting. It keeps what the owner values and removes what they do not.

Why it matters

Budget pressure is common, and value engineering gives owners choices, not just cuts. Done early, it can save money with no loss of function. Done late, after drawings are complete and materials are ordered, it creates redesign cost and delay.

Owners should be aware of what each change affects: performance, maintenance, appearance, warranty or code compliance.

Value EngineeringPHASE 1Site and leasePHASE 2Design and engineeringPHASE 3BuildPHASE 4OperateBUILD: TRADES ON THE PROJECTElectricalMechanical / HVACPlumbingLow voltage / securityInterior systemsCarpentry / millworkPainting / finishesDoors / hardwareSELF-PERFORMED BY HSM CREWS ON THIS TYPE OF WORK
How HSM delivers this work. Highlighted trades are self-performed by our own crews.

How HSM handles it

HSM brings estimators, engineers and trade leaders into the discussion together. Because our own electricians, mechanical crew, interior systems and carpentry teams know how things are built and what they cost, their suggestions are practical. A different ceiling detail, a revised lighting layout or a simpler duct route can often save money with no visible change.

We present options with costs and consequences so you can choose. We also tell you when a proposed saving is not worth it.

What to plan for

Decide what matters most before the review begins: schedule, appearance, operating cost or first cost. A clear priority list makes the exercise faster and the results better.

Bring your designer into the review. Savings that the designer endorses move quickly, while savings that surprise them can slow the project.

Start a project

Talk to us before you sign the lease.

One contract, our own electricians and mechanical crews, and a space that is ready on handover.