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Value Engineering Undermines Risk Management

Efficient spending is usually a good idea, but not when planning for disasters. Learn how to justify costs in this 10-minute video

CFS Panel

Value engineering starts out with the best intentions but often leads to shortcuts and other efforts to save money. Reducing costs, however, can negatively affect risk management efforts. When planning for disasters, this is not the time for upper management to cheapen out. It actually provides the best opportunity for facility managers to justify their expenses and needs.

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