The handbook advocates "value management" as the means for obtaining the desired facility at the least cost. Value management defines what is valuable to the project team and what elements are needed for the project. This management approach identifies all project components and their associated costs and tracks these components and costs from the project's beginning until the new facility is occupied. As part of this management process, "value engineering" is the technique that identifies and assesses options during the process, facilitating the best solution to a problem. Cost control is the tool which tracks costs once they are fixed, based on value engineering decisions. Also, control of the project schedule is directly related to controlling project costs. An overview of the facility construction process encompasses master planning, the environmental impact report, the project statement, the architectural program, the schematic design, design development, construction documents, construction, transition and activation, work responsibility, and the diminishing of cost impact. The implementation of each of the aforementioned components is detailed in the manual. The establishment of the project team is described as well. A major cost component value matrix is included. Resource list and 5 references