Economic analysis of prefabricated buildings based on value engineering analysis

Combined with the value engineering theory, this paper compares the project's value of output at different time by calculating the incremental cost and incremental benefit of the prefabricated building and the cast-in-place building.The calculations show that all aspects of prefab building are improving over time, but government subsidies have yet to have a significant effect on the overall value output.

Automated summary

This paper, combining value engineering theory, compares the value output of the project at different times by calculating the incremental cost and benefit of prefab building and cast-in-place building. The calculations indicate that prefab building is continuously improving in all aspects over time, while government subsidies have not yet had a significant impact on the overall value output.