Maximizing Engineering Value
Decisions made in the earliest phases of a project have the highest potential to exercise the greatest influence on a project as a whole. As depicted in the Cost-Influence curve below, influence starts to decrease rapidly after the Basic Engineering phase.
Sixty-four engineering strategies were identified and defined by Research Team 245, in collaboration with the strategies previously identified by Research Team 233. Sixteen are considered fundamental and should be implemented on most, if not all, projects. Below are 2 examples of these 16 fundamental engineering strategies. Detail explanations for each strategy is found in the research summary and research report. (RR245-11, p. 24):
- A 4 – Appropriate Allocation of Design-Related Risks & Rewards
- A 14 – Integration of Lessons Learned into Design
The remaining optional engineering strategies have been categorized into 6 different groupings:
- Alternative design delivery strategies
- Assistance to owner services
- Management of design interfaces
- Strategic design decisions
- Design approaches
- Opportunity capture/Design for X
A more detailed list of the optional engineering strategies is included in the research summary.
Engineering Strategy Tradeoff’s –
Although all engineering strategies are important, some can involve tradeoffs or negative impacts to one or more project value objectives (PVO). It is important that the engineering strategies selected be properly aligned with the Owner’s relative prioritization of project objectives. Schedule reduction, capital cost reduction, and design/construction quality are the objectives most frequently supported by the strategies, while capital cost reduction is also the most commonly sacrificed objective (or tradeoff) among the strategies. A complete tabular presentation of objectives supported by each strategy is presented in Appendix B of the Research Report.
Developed to facilitate the selection of optional engineering strategies for implementation based on most value for your project. (RR 245-11, Appendix G – page 92)