e+p have extensive experience in introducing, managing and executing Value Improvement. We utilise a systemic study to challenge existing methods, identify new goals, challenges methods used and identify target savings.

Value Improvement is a proven management technique which utilises a systematic approach to seek out the best functional balance among initial cost, reliability, and performance of a facility. The maximum yield from Value Improvement arises when the techniques are applied early in the conceptualisation and feasibility stages prior to capture or implementation, as illustrated in the following graphic.

The goal for Value Improvement is to obtain the highest value for the Client, this may be achieved by adopting a lower cost option whilst not sacrificing defined specific requirements for:- function, performance, or reliability of the Clients facility.

New Build
The intention of Value Improvement is that a "Fit for Purpose" installation is achieved above and below ground.

A Fit for Purpose installation for your Project will be defined by the following:-

Lowest Total Cost of Ownership

Availability

Maintainability

Project Activities
In Project terms a successful facility will meet the following criteria

Total cost of ownership within expectation

Installation completed within budget at the lowest practicable
   Total Installed Cost (TIC).

Availability within expectation

The e+p systematic Value Improvement Process has recognised this early implementation factor and initiated a review process to address design, constructability and operability of your product/project prior to capture and project sanction.

The Value Improvement Process can be implemented throughout your product or project life, but in the execution phase Value Improvement challenges will be required to demonstrate significant commercial advantage in order to initiate a modification.

As part of the goal to reduce Total Installed Cost, specific attention is to be paid to reduce construction activities. To this end, the concepts of modularisation, prefabrication and constructability must be fully developed challenged and accepted, Value Improvement has and will continue to address in depth these topics and attention will be given to any proposed techniques that reduce construction effort.

A further benefit of undertaking a systematic Value Improvement Process is that all decision bases will be recorded allowing clarity of understanding of the concept basis across all team members and other departments. Hence the potential misunderstanding arising from failure to comprehend market opportunity rationale, product design, product marketing and production is reduced.