Nearly every government agency requires use of the VE Methodology as described by SAVE, International “The Value Society”. Teams are led by a Certified Value Specialist®(CVS).
Relevant examples of projects and agency statistics of results for background are:
FHWA
City of New York, Office of the Mayor, Office of Management and Budget
VE Results Summary, 2007-2011:
- 71 Projects Reviewed
- Cost Reductions Achieved = $2,412,500,000
- Average Project Savings = 12.8%
- Average Return on VE Study Investment (Initial Costs) = 113:1