Hookway believes that value engineering should be more than a simple cost reduction exercise. All elements and functions are continually reviewed as design progresses to highlight potential areas for consideration.

Options can generally be either a cost reduction (a less expensive product that may or may not be of similar quality to the originally specified), value added item (a higher quality item that brings additional advantages to the project), life cycle advantage (an item that has a better balance of capital cost and overall operational cost) and finally maintainability (items that incur a reduced overall maintenance cost).

Larger value or complex projects will often benefit from implementation of a structured value management strategy. The ultimate need and client brief are examined from a function based perspective to enable the various possible options to be reviewed and analysed to enable our clients to make informed decisions on the overall best value method of achieving their aims.

 

 

 

 

 

Testimonial

“We were excited to hear that we had secured the necessary funds to refurbish our tired building and, with the excellent support of Hookway, we now have a school that is fit for the twenty-first century! ”

News

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Hookway helping house builders across the board

Ground-breaking research released by the National Housing Federation shows that England’s total housing need backlog has reached four million homes.

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Build up, not out! Vertical thinking could be the answer

Faced with increasing numbers a School in Cumbria approached Hookway to investigate the financial viability of building an extension to house three much needed additional classrooms.

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Exhibiting at the London Academies Show

We had a fantastic and busy day at the recent Academies Show in London. We chose to exhibit at this show in particular as it attracts over 300 attendees allowing us the opportunity to talk directly to some key representatives...

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