Value Engineering Manager salary in Sri Lanka

Average Yearly Salary of Value Engineering Manager in Sri Lanka is approximately 4,104,700 LKR (11,819 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

How much does Value Engineering Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

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 4,515,170 LKR and 5,951,815 LKR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Value Engineering Manager in Sri Lanka?

Living in Sri Lanka the approximate monthly expenses are: 224 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: 4,104,700 LKR
Estimated Monthly Salary: 342,058 LKR
Estimated Weekly Salary: 78,937 LKR per week
Estimated Hourly Salary: 1,973 LKR per hour
By working as Value Engineering Manager a person can save up to 761 USD per month or 9,126 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 Sri Lanka, see costs of living in Sri Lanka.

Salary comparison to region and neighbouring coutries

Country's neighbours are: India, Maldives.
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

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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