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value engineering

Tags : Value
Industry : Construction
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About "value engineering" topic:

What is the importance level of value engineering in construction industry.?

1 debates , 1 idea contests on topic: "value engineering"
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(rate this)
1 Lack of visualisation
2 Lack of Practical knowledge
pandianarjunan  |  Supported idea  "Lack of visualisation"  |  1 year ago
without visualisation no costestimate can be prepared.But without practical knowledge no estimate will accurate.A pile depth can be had from the report, but the risks of sliding and penetration can be calculated by practical knowledge only.An...
rakesh r raje  |  Supported idea  "Lack of Practical knowledge"  |  1 year ago
 a practical knowledge is very important for error free cost estimation.because it is called humane error
Shaju George  |  Supported idea  "Lack of visualisation"  |  3 years ago
Correct.. once you can visualise plans properly, chances of errors are very less.
 
 
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IRR is the superior method  
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VS
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 NPV is the superior method
Kiran Rangarajan  |  Argues in support of  "NPV is the superior method"  |  10 months ago
NPV: provides us with a tool to assess a firm’s cash flow minus the initial investment. But NPV alone is not sufficient to understand whether or not a project meets the firm’s MARR or hurdle rate. Hurdle rate is the minimum rate of return that...
Sharadchandra Joshi  |  Argues in support of  "IRR is the superior method "  |  1 year ago
The IRR is the superior method, as compared to the NPV, since it gives a relative rather than absolute measure of worth of a project. You earned Rs 1 million in a year, but it is important to know whether your initial investment comprised of Rs...
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Debate: "The Internal Rate of Return (IRR) versus the Net Present Value (NPV) for Project Appraisal" deleted from your view.
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