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Meeting Minutes - US Department of State

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not here, working together with the industry to come<br />

up with ideas to make better value for our projects.<br />

We do that as well.<br />

And we also have an analysis on lessons<br />

learned component to our program. And this is where<br />

I start to get into what is new in value<br />

engineering. We do something called a VE assessment<br />

trip and we also have a database <strong>of</strong> every VE<br />

alternative that has ever been made during our<br />

program. So we can analyze trends and get into<br />

lessons learned or into the said change request<br />

program, ways <strong>of</strong> improving our designs for future.<br />

What I'm hoping for with the program is to bring the<br />

return on investment down, especially if we're<br />

building similar buildings. We shouldn't be seeing<br />

a trend upwards, we should be seeing a trend<br />

downward as we improve on our process.<br />

The next slide is the typical overview <strong>of</strong><br />

our VE study schedule. I know I think that some <strong>of</strong><br />

you may have seen this before, but we follow the<br />

same thing that SAVE International recommends in<br />

terms <strong>of</strong> how we do value engineering. A little bit<br />

different is our post-study in our approval<br />

implementation and database <strong>of</strong> alternatives and<br />

results. That's slightly different than what SAVE<br />

Free <strong>State</strong> Reporting, Inc.<br />

1378 Cape St. Claire Road<br />

Annapolis, MD 21409<br />

(410) 974-0947<br />

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