Value and Risk Management - MSc Civil Engineering and Construction Assignment

take account and Risk Management - MSc Civil Engineering and Construction Management - Assignment ExampleOur physical object at present is to provide a brief background of our consultancy firm. We have been in this business for years, delivering nonrecreational service and expertise to companies and organisations in improving their strategic plans and in the conduct of determine management and value engineering studies as we have vast knowledge of concepts and methodologies on this area. south by east Innovations Ltd., a partnership of esoteric and public sectors, is a valued client.This paper is an initial report on the study that our VM/VE team conducted on the proposed recreation and commercial centre. The first part is a study on value management with a focus on the site inspection, the objectives for the conduct of VM/VE, the workshop, discussions and brainstorming, and other tools our team has conducted. Functional summary provided the needs of SBE Innovations through rec ommendations to minimize unnecessary costs and maximize the potential benefits of the different functions of the project. The second part deals on value engineering involving imaginative and creative efforts, and methods and means to provide substitute materials, tools and processes which can give a valuing map for the project.Value management is the first activity that we will apply at the early degree of the project. This is a step-by-step analysis, employing scientific methods, discussions, brainstorming, and all possible logical means to arrive at a low-cost with high value for the clients project.This study will be a collaboration of the different stakeholders including department heads and key employees of SBE Innovations and our very own team. They will carry out a workshop to undertake value management and value engineering. The team will conduct functional analysis and provide suggestions, including inputs from the different stakeholders and the people in the field in orde r to provide the greatest