ASTM E1699-14(2020)
Standard Practice for Performing Value Engineering (VE)/Value Analysis (VA) of Projects, Products and Processes

Standard No.

ASTM E1699-14(2020)

Release Date

2020

Published By

American Society for Testing and Materials (ASTM)

Latest

ASTM E1699-14(2020)

Scope

1.1 This practice covers a procedure for defining and satisfying the functions of a project, product, or process (hereafter referred to as focus of study). Projects include construction of commercial and residential buildings and other engineered systems.2 Products include components, systems and equipment.3 Processes include procurement, materials management, work flow, fabrication and assembly, quality control, and services. 1.2 A multidisciplinary team uses the procedure to convert stakeholder constraints, needs, and desires into descriptions of functions and then relates these functions to resources. 1.3 Examples of costs are all relevant costs over a designated study period, including the costs of obtaining funds, designing, purchasing/leasing, constructing/manufacturing/ installing, operating, maintaining, repairing, replacing and disposing of the particular focus of study. While not the only criteria, cost is an important basis for comparison in a VE/VA study. Therefore, accurate and comprehensive cost data is an important element of the analysis. 1.4 This is a procedure to develop alternatives that meet the functions of the focus of study. Estimate the costs for each alternative. Provide the owner/user/stakeholder with specific, technically accurate alternatives which can be implemented. The owner/user/stakeholder selects the alternative(s) that best satisfies their constraints, needs and desires. 1.5 Apply this practice to an entire focus of study, or to any subsystem/element thereof. The user/owner/stakeholder can utilize the VE/VA procedure to select the element or scope of the study. 1.6 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use. 1.7 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.

ASTM E1699-14(2020) Referenced Document

• ASTM E1369 Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems
• ASTM E1557 Standard Classification for Building Elements and Related Sitework-UNIFORMAT II
• ASTM E1765 Standard Practice for Applying Analytical Hierarchy Process (AHP) to Multiattribute Decision Analysis of Investments Related to Buildings and Building Systems
• ASTM E2013 Standard Practice for Constructing FAST Diagrams and Performing Function Analysis During Value Analysis Study
• ASTM E2103/E2103M Standard Classification for Bridge Elements—UNIFORMAT II
• ASTM E631 Standard Terminology of Building Constructions
• ASTM E833 Standard Terminology of Building Economics*， 2024-04-21 Update
• ASTM E917 Standard Practice for Measuring Life-Cycle Costs of Buildings and Building Systems

ASTM E1699-14(2020) history

• 2020 ASTM E1699-14(2020) Standard Practice for Performing Value Engineering (VE)/Value Analysis (VA) of Projects, Products and Processes
• 2014 ASTM E1699-14 Standard Practice for Performing Value Engineering 40;VE41;/Value Analysis 40;VA41; of Projects, Products and Processes
• 2013 ASTM E1699-13 Standard Practice for Performing Value Engineering (VE)/Value Analysis (VA) of Projects, Products and Processes
• 2010 ASTM E1699-10 Standard Practice for Performing Value Analysis (VA) of Buildings and Building Systems and Other Constructed Projects
• 2000 ASTM E1699-00(2005) Standard Practice for Performing Value Analysis (VA) of Buildings and Building Systems
• 2000 ASTM E1699-00 Standard Practice for Performing Value Analysis (VA) of Buildings and Building Systems