The Impact of Value Engineering in Construction: Enhancing Project Efficiency and Cost-Effectiveness Taking a Case Study of Mobolaji Bank Anthony Towers At Plot 5, Okotie Eboh Street S.W. Ikoyi, Lagos State

This journal explores the significant impact of value engineering in the construction industry, focusing on its ability to enhance project efficiency and cost-effectiveness. Value engineering (VE), a systematic and interdisciplinary approach, enables project stakeholders to optimize resources, improve quality, and maximize value throughout the construction process. By identifying and eliminating unnecessary expenses while maintaining performance requirements, value engineering empowers professionals to make informed decisions that lead to more sustainable and successful construction projects. it aims to provide insights into the fundamental principles, benefits, and challenges of value engineering, offering a comprehensive understanding of its impact on the construction industry By examining the principles, benefits, challenges, and case studies associated with value engineering in construction, emphasize the significance of value engineering in achieving project success. By embracing value engineering methodologies, construction professionals can optimize resources, minimize costs, and improve project outcomes, ultimately contributing to a more sustainable and efficient built environment.