At Elite Value Project management Value Engineering is intended to increase quality, reduce costs and improve capabilities across the entire spectrum of systems, processes, and organizations. It employs a simple, flexible, and structured set of techniques, tools, and promote creativity and innovation. Moreover, it incentivizes achieving value proposition and solutions as part of a successful business.

Value engineering elicits ideas on ways of maintaining or enhancing results with the purpose of achieving essential functions at the lowest life cycle cost with required performance, reliability, and safety at the same time improve operations and level of service, reduce environmental impacts, improve value and quality.