Abstract
Value Engineering (VE), one of the effective management techniques to provide products and services, is focused as a measure to reduce the cost on public works, but its effectiveness as a management technique doesn't seem to be fully understood in the construction industry.
This paper demonstrates aspects and issues of VE in construction industry by comparing with manufacturing industry, and to combat these, VE which is implemented in construction industry must be succinct and proposes methods to conduct it from the viewpoint of construction industry.
At last, the place to go to for construction industry down the road regarding the VE adaptation is clarified.
