• Neel V. Patel
• Prof. A.N. Bhavsar
• Dr J.R. Pitroda
• Dr I. N. Patel
• Er. Jiten Patel

Keeping the costs low with traditional cost management has been a commonly applied measure to improve competitiveness. Only, keeping cost down alone is not enough, there is an increasing need for improve in schedule as well as efficiency and effectiveness. Value engineering is thus possibly of greater importance than cost management efforts. Value engineering is used to analyse the function of the materials and methods and to obtain its required functions at the lowest total cost without reducing the quality of performance. This method saves money and ensures that projects are cost-effective, time-effective and or improves the quality of the project. The methodology consists of three stages. The first is pre workshop in which the collection of data from an organization is done. The second and core stage is workshop stage with five phases which are (1) information, (2) functional, (3) creative, (4) evaluation and (5) presentation where best alternative recommendations are made. The last is post workshop stage where the recommendations from second stage will be implemented. The main aim of this paper is to develop a Value Engineering methodology that leads to reduce cost of high-rise building projects for people in an applicable way that local professionals can understand and apply.

Cost efficiency, Cost management, Construction, High-Rise Building, Value Engineering.

"OPTIMAL COST DESIGN APPROACH IN HIGH-RISE STRUCTURE WITH VALUE ENGINEERING: A Review", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 4, page no.b749-b756, April-2024, Available :http://www.jetir.org/papers/JETIR2404184.pdf

"OPTIMAL COST DESIGN APPROACH IN HIGH-RISE STRUCTURE WITH VALUE ENGINEERING: A Review", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 4, page no. ppb749-b756, April-2024, Available at : http://www.jetir.org/papers/JETIR2404184.pdf