Home > Salary > Lebanon > Value Engineering Manager
A Value Engineering Manager is responsible for maximizing the value of a product or service by identifying and implementing cost-saving measures without compromising quality or functionality. They analyze the design, production, and operational processes to identify areas of improvement and develop strategies to reduce costs, increase efficiency, and enhance overall value. This involves collaborating with cross-functional teams, such as engineers, designers, and procurement, to identify cost drivers and implement value engineering techniques. The Value Engineering Manager conducts cost analysis, feasibility studies, and risk assessments to evaluate proposed changes and ensure they align with organizational goals and objectives. They also monitor and track the performance of value engineering initiatives, provide recommendations for continuous improvement, and communicate findings and results to stakeholders.
Estimated Yearly Salary: 285,876,638 LBP
Estimated Monthly Salary: 23,823,053 LBP
Estimated Weekly Salary: 5,497,628 LBP per week
Estimated Hourly Salary: 137,441 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 23,050,775 LBP
Estimated Weekly Salary: 5,319,410 LBP per week
Estimated Hourly Salary: 132,985 LBP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 17,479 USD
Estimated Monthly Salary: 1,457 USD
Estimated Weekly Salary: 336 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 285,876,638 LBP
Estimated Monthly Salary: 23,823,053 LBP
Estimated Weekly Salary: 5,497,628 LBP per week
Estimated Hourly Salary: 137,441 LBP per hour
By working as Value Engineering Manager a person can save up to 1,125 USD per month or 13,495 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Lebanon, see costs of living in Lebanon.
Estimated Yearly Salary for Value Engineering Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Value Engineering Manager salary in Lebanon
Average Yearly Salary of Value Engineering Manager in Lebanon is approximately 285,876,638 LBP (17,479 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Value Engineering Manager do?
A Value Engineering Manager is responsible for maximizing the value of a product or service by identifying and implementing cost-saving measures without compromising quality or functionality. They analyze the design, production, and operational processes to identify areas of improvement and develop strategies to reduce costs, increase efficiency, and enhance overall value. This involves collaborating with cross-functional teams, such as engineers, designers, and procurement, to identify cost drivers and implement value engineering techniques. The Value Engineering Manager conducts cost analysis, feasibility studies, and risk assessments to evaluate proposed changes and ensure they align with organizational goals and objectives. They also monitor and track the performance of value engineering initiatives, provide recommendations for continuous improvement, and communicate findings and results to stakeholders.
Skills: Value Engineering, Cost Reduction, Process Improvement, Cross-functional Collaboration, Cost Analysis, Continuous Improvement
Job industry: Construction
Job industry: Construction
How much does Value Engineering Manager make?
Salary details
How much does Value Engineering Manager make?Estimated Yearly Salary: 285,876,638 LBP
Estimated Monthly Salary: 23,823,053 LBP
Estimated Weekly Salary: 5,497,628 LBP per week
Estimated Hourly Salary: 137,441 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 276,609,300 LBPEstimated Monthly Salary: 23,050,775 LBP
Estimated Weekly Salary: 5,319,410 LBP per week
Estimated Hourly Salary: 132,985 LBP per hour
Last revision of data: 2024-01-08Value Engineering Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,479 USD
Estimated Monthly Salary: 1,457 USD
Estimated Weekly Salary: 336 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Lebanon is a small country located in the Middle East on the eastern shore of the Mediterranean Sea. It has a diverse population of approximately 6 million people. The country covers an area of around 10,452 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Value Engineering Manager job salary compared to average salary in Lebanon.
Comparison shows that a person working as Value Engineering Manager in Lebanon earns on average:
2.3 times the average salary (or 230% of average salary).
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Value Engineering Manager job salary compared to average salary in Lebanon.
Comparison shows that a person working as Value Engineering Manager in Lebanon earns on average:
2.3 times the average salary (or 230% of average salary).
Is Value Engineering Manager a well paid job?
Yes, our data show that Value Engineering Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Value Engineering Manager?
High salary for Value Engineering Manager would be somewhere between 314,464,302 LBP and 414,521,125 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Value Engineering Manager in Lebanon?
Living in Lebanon the approximate monthly expenses are: 332 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 285,876,638 LBP
Estimated Monthly Salary: 23,823,053 LBP
Estimated Weekly Salary: 5,497,628 LBP per week
Estimated Hourly Salary: 137,441 LBP per hour
By working as Value Engineering Manager a person can save up to 1,125 USD per month or 13,495 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Lebanon, see costs of living in Lebanon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Syria, Israel, Cyprus, Jordan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Value Engineering Manager
Syria is 7,772 USD
Israel is 115,563 USD
Jordan is 20,101 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Lebanon
(1,417,299,855 LBP per year, pre-tax.)
2. Cardiologist
(1,175,197,006 LBP per year, pre-tax.)
(1,136,102,693 LBP per year, pre-tax.)
4. Neurosurgeon
(1,108,071,776 LBP per year, pre-tax.)
(1,103,346,164 LBP per year, pre-tax.)
6. Urologist
(1,079,234,675 LBP per year, pre-tax.)
(1,078,809,332 LBP per year, pre-tax.)
(1,078,388,733 LBP per year, pre-tax.)
(1,074,144,669 LBP per year, pre-tax.)
(1,072,787,021 LBP per year, pre-tax.)
Data as of 2025Random salary:
Chief executive officer (ceo) (301,422,468 LBP per year, pre-tax.)
Tool and die maker (113,295,000 LBP per year, pre-tax.)
Music studio owner (155,308,650 LBP per year, pre-tax.)
Janitorial site manager (78,350,467 LBP per year, pre-tax.)
Music copyist (116,853,450 LBP per year, pre-tax.)
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