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Meeting Minutes - US Department of State

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measure on the VE teams. I go back and make sure<br />

that they are making recommendations that are<br />

implementable. Accepted VE recommendations right<br />

now, four percent and our return on investment right<br />

now, and this is with about half <strong>of</strong> the studies not<br />

having the implementation memos in, it's running at<br />

$38 to $1.<br />

So again, the goal <strong>of</strong> the OBO program is a<br />

functional facility that is worth its cost in both<br />

initials costs and lifecycle savings. So with that,<br />

I would like to turn it over to my colleagues, Greg<br />

and John, who will be talking from their<br />

perspective.<br />

122<br />

GENERAL WILLIAMS: Thank you, Kathy. Okay.<br />

MR. KNOOP: General Williams, panel<br />

members, Kathy and colleagues.<br />

Performance, accountability, discipline and<br />

credibility. Those are all key elements that can be<br />

supported by a powerful value engineering program.<br />

Value engineering is a tool to support the pursuit,<br />

in your case, <strong>of</strong> a successful building program. You<br />

all know the old saying, measure twice, cut once.<br />

Value engineering gives you a chance to make<br />

measurement again <strong>of</strong> the task you are undertaking<br />

and study the priorities, the methodology, the<br />

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

1378 Cape St. Claire Road<br />

Annapolis, MD 21409<br />

(410) 974-0947

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