Value engineering is not strictly about reducing cost. It’s about reducing waste and overbuild, while focusing on project-specific risks. This helps to ensure the project is delivered on-time, on-schedule and according to investor expectations.
Adding value to the to our client’s projects is the guiding principle of Modern Energy Management. Due to Modern Energy Management’s distinct project management capabilities , we have a truly unique ability reduce cost – and risk, on our projects, thereby improving investor returns.
Reduction of wind farm CAPEX and OPEX are our specialty. In fact, to date the value of savings and improvement to project IRR we have achieved for our clients often outweighs fees charged on their projects, typically making Modern Energy Management “cost neutral” to the project.
Following are examples of specific project cost savings achievements:
|Project role||Project size||Value Engineering activities||Project Savings|
|EPCM (Engineer, Procure, Construction Management)||207MW||
More case studies are available here.