The
main reason for VE is that it results in many benefits to a project, the
following provides a very brief of such benefits:-
- Identifies project constrains, issues and problems which might not other wise have been identified.
- Deals with life cycle , not just initial , costs.
- Usually results in remedying project deficiencies and omissions and superfluous items.
- Identifies and removes unnecessary costs
- Provides a means to identify and incorporate project enhancements
- Crystallizes an organization's brief or project priorities.
- Provides management with the information it needs to make informed decisions
- Permits a large return on a minimal investment.
(Brain R.Norton and William c.McElligott,1995)
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