👉 Bargains engineering is a strategic approach used in project management and engineering to optimize costs, resources, and timelines by negotiating favorable terms with suppliers, contractors, or other stakeholders. It involves identifying potential areas where cost savings or efficiency gains can be achieved through creative contractual arrangements, such as flexible payment schedules, volume discounts, or performance-based incentives. By fostering collaborative relationships and focusing on win-win outcomes, bargains engineering aims to deliver value while maintaining or improving project quality and timelines. This technique is particularly useful in complex projects where traditional cost-saving measures may not be sufficient, enabling teams to secure better deals and resources that align with their overall objectives.
