Value Engineering Change Proposals

Value Engineering Change Proposals (VECPs) are suggestions made during a project's development or maintenance to improve value—often by reducing costs, enhancing performance, or increasing reliability—without compromising quality. They are submitted by team members or contractors and then reviewed to determine if they provide a beneficial change. If approved, these proposals can lead to cost savings or better outcomes, making the project more efficient and effective. Essentially, VECPs are proactive ideas aimed at optimizing resources and overall project value through thoughtful, strategic modifications.