Value Management

Description

Value management is the process to explore how value could be provided for a project at a strategic level, by helping to develop the right project brief. Value management usually incorporates value engineering which is a systematic approach to delivering the required functions at optimum whole life costs without detriment to quality, performance and reliability. 

This task within the process map is specifically focused on involving the Technical Operations (formerly Engineering, Energy and Environment - EEE) Team and workshop value management at a strategic level from RIBA 3 onwards. The Mechanical, Electrical and Plumbing (MEP) design must align with Imperial's Building Engineering Services Particular Requirements (BESPR) standards. Any deviation from these standards must be reviewed in the workshops. 

In addition, the purpose of reviewing value management with the Tech Ops Team is to reduce project cost by focusing specifically on the functional requirements of the project, from an MEP perspective, and then considering what alternative approaches can be adopted. 

Through workshops with the Tech Ops Team, earlier consideration of the design, buildability and maintainability of the proposed MEP can encourage the different project team members to discuss ideas in a structured way and seek more efficient or effective ways of achieving the required project outcomes, improving the subsequent asset management. 

Key objectives of the workshop include: 

  • Reviewing MEP compliance and any deviations from the BESPR standards
  • Identifies constraints, risks, issues, opportunities and deficiencies
  • Lower capital costs and lower life cycle costs through innovative, collaborative design solutions
  • Investment decisions supported by analysis and value judgement
  • Achievement of optimum value for money solution

Engagement

Tehnical Operations Team: Workshops to be held with this team. Contact the Engineering Technical Assistant to diarise the workshop. 

Attendees at the workshop to include: 

  • Tech Ops Team
  • Design Team
  • ICL User Coordinator
  • Project Manager
  • Cost Consultant

Forms & Links 

Current BESPR standards: EEE10 BESPR 2025

M&E Exceptions & Revisions Report: EEE04 Exceptions and Revisions Report (M&E)

Approvals & Compliance Review

If there are any deviations from the BESPR, an MEP exception report must be completed by the project Design Team, and the Project Manager must seek formal sign off. 

The form must be issued to the Director of Engineering, Energy and Environment for signature. The form may need to be sent to the Director of Maintenance for further signatures and approval.

Repeated Subsequent RIBA Stages

This task must be completed in RIBA Stages 3, 4 and 5.