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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM67544

A Case Study in Strategic Cost Management and Value Engineering St. Andrews High School, F Block Construction (Period 2025–2026)

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM67544

Volume:

10 |

9 |

Sep 2026

Pages:

1-6

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/IJSREM67544

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

Er.  Satheeshkumar Boda

Er. Satheeshkumar Boda

School of Engineering & Technology - M.Tech in Civil Engineering (Construction Technology and Management)

Vikrant University

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Abstract

The F Block Project delivered total certified savings of ₹2,48,72,743—close to ₹2.5 Crores—through a focused and disciplined approach to value engineering and cost management. These savings came from fourteen initiatives, grouped into three main areas: Cost Avoidance and Waste-to-Revenue (32.4%), Strategic Sourcing and Direct Negotiation (40.5%), and Value Engineering and Method Optimization (27.0%). Several efforts stood out. Dismantled building scrap was converted into revenue, earning ₹24.47 Lakhs. Excavation and soil carting costs were eliminated by engaging external agencies, saving ₹56.26 Lakhs. Elevator costs were brought down through negotiation, saving ₹74.30 Lakhs. Re-specifying Geo Foam led to a 62% reduction in unit rate, adding ₹43.01 Lakhs in savings. Notably, just three items—Elevators, Geo Foam, and UG Sump Excavation—contributed ₹1.47 Crores, or 59% of the total savings. This shows how targeting high-cost areas can yield major returns. Overall, the project demonstrates how strong commercial negotiation, innovative engineering, and agile resource management can deliver significant financial benefits, setting a benchmark for future projects.

KEYWORDS

Value Engineering Cost Avoidance Strategic Sourcing Direct Negotiation Waste-to-Revenue Resource Management Cost Optimization Project Savings Supplier Negotiation Method Optimization Geo Foam F Block Project

Cite This Article

Er. Satheeshkumar Boda, "A Case Study in Strategic Cost Management and Value Engineering St. Andrews High School, F Block Construction (Period 2025–2026)," International Journal of Scientific Research in Engineering and Management, vol. 10, no. 9, pp. 1-6, Sep 2026. https://doi.org/10.55041/IJSREM67544

Full Article/Conclusion

The F Block Project serves as a stellar example of how a disciplined, multifaceted cost management strategy can lead to substantial financial benefits. By effectively combining commercial negotiation strength, innovative engineering solutions, and agile resource management, the project team has delivered outstanding value, setting a strong benchmark for future projects. The categorized analysis in Sec. 3 and the insights presented in Sec. 4 confirm that focusing on high-impact initiatives, shifting toward strategic sourcing, managing resources creatively, and pursuing engineering innovation are the key drivers of successful value engineering. The total certified savings of ₹2,48,72,743 stand as testament to what can be achieved when value engineering is embedded as a core project philosophy rather than an afterthought.

References

1.        F Block Project – Savings & Value Engineering Summary Report, Internal Project Documentation, Pages 1–4. 2.        Certified Running Bills and Financial Statements, F Block Project Accounts Department. 3.        Supplier Agreements and Negotiation Records, F Block Project Procurement Division. 4.        Revised Bills of Quantities (BOQ) and Change Management Approvals, F Block Project Engineering Team. 5.        Value Engineering Proposals and Technical Reevaluation Reports, F Block Project Design Department.  

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Publication Date

9/29/2026

Peer Review Type

Double-Blind Peer Review

Review Rounds: 2

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The authors declare no conflict of interest related to this research work.

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