Comprehensive appraisal of value engineering practices in domestic construction industry

VE (Value Engineering) process and techniques are the systematic managerial tool for value engineers to help conduct VE study effectively. However, There is some difference between VE theory and practice in the domestic construction industry. Specially, function analysis appeared to be poorly recognized and regarded even as unnecessary in construction VE. It is needed to identify and enhance the problem areas to upgrade the VE practice. In order to investigate the current VE practice, a comprehensive literature survey and analysis were performed to obtain the trends and problems, related to the process and techniques. In the VE application of the domestic construction project, the study suggests some ideas and future study areas for the effective VE application in the construction industry.