In its first such update in two decades, the Office of Management and Budget has revised long-standing guidance instructing agency managers to adopt the private-sector discipline known as “value ...

Yes. Value Engineering is a thing. In the corporate world it's called getting more "bang for your buck". In the Federal Government, it's a bit trickier. Every year, Congress "appropriates", or sets ...

Completing construction projects on time and within budget can seem like a daunting task. With additional pressures like fluctuating material costs, skilled labor availability and operational costs, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

Value engineering is defined by the Chartered Institute of Management Accountants as the functional analysis and redesign of products and services to provide value to the customer. Value engineering ...

Anaheim, CA — Value engineering is an often-misunderstood concept in architecture, but it is a critical component of any station design project. This was the key message from David J. Pacheco, AIA, ...

Can strategic procurement be a catalyst of change in business? Two enterprise practitioners believe it can, and they have seen how enabling and embracing data-driven procurement with a strategic ...

Organizations must move beyond seeing procurement as merely a cost center. Through discussions with chief procurement officers and financial leaders across sectors, three key elements consistently ...

Today’s chief procurement officers (CPOs) face a dramatically different landscape than their predecessors. While once relegated to the role of tactician, CPOs are now expected to be strategic leaders ...

The Quantity Surveying Division of the Ghana Institution of Surveyors (GhIS) is advocating for the integration of value management into infrastructure procurement to enhance project delivery and ...

Dublin, Sept. 02, 2025 (GLOBE NEWSWIRE) -- The "United States EPC (Engineering, Procurement, and Construction) Market Growth Analysis - Forecast Trends and Outlook (2025-2034)" report has been added ...