Value Improvement Practices

[nomanfahmi]

Has anubody got something around Value Improvement Practices, like standards on when to do each type and some techniques on how to facilitate the session

Thx

[Francisco Aguilar]

Sir
These techniques or practices are applied during the FEED phase (Front End Eng. and Design)
FEED is done to improve cost estimate and duration estimate for the project
These techniques are targeted to these ends
There is no standard because still nowadays theres no agreement on which are the best, and each
EPC contractor have his favorites
the Construction Industry Institute has studied several practices and have produced some reports
that can be obtained from them

one set of this practices includes for example:
alignment between parties involved
class of Plant
simulation of construction
3d model
process simplification

if you do a search in google you can find some information

the reason there is no much info is because still is considered a vantage
and will not be shared with posiible competitors

hope this serves in some way