Professional Liability Insurance: 6 Critical Safeguards for Value Engineering 6344335690741381224-blid-1298401897424613276

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In 2011, an emphasis on lean operation and expenditure has led the phrase "value engineering" to become synonymous with "cost cutting." This trend is problematic from a risk management perspective. It shifts the pure intent of value engineering and puts into practice a less judicious methodology focused more on saving money than optimizing the project.