The PM arrange and participates in a value engineering review for the project. The goal of VE is obtain the best overall value for the life of the project and its intended uses VE reviews are best performed by a multidiscipline team which is able to bring the full and balanced perspective of all disciplines to the review. The VE team should identify features that do not contribute to quality, utility, durability aesthetics or materials which will provide an equal or superior at lower cost. Finally project components are evaluated in terms of total, or life cycle costs with respect to the initial cost, long term cost associated with the maintenance and operation of the item. It is recommended to conduct the VE review at the 30% design stage with follow up sessions as required by project size or complexity.