Abstract
Formwork refers to a temporary structure or mold that is used to hold concrete in place from the moment it is poured until it reaches the desired level of strength. Efficient utilization of formwork is a crucial aspect to take into account. This study aims to analyze the costs related to column, beam, and floor slab formwork by employing value engineering. The analysis will specifically compare the use of conventional formwork with semi-system formwork. The findings of this study propose the substitution of the column and beam formwork due to the substantial expenses associated with the conventional formwork utilized in this structure. By utilizing semi-system formwork, the expenses associated with beam formwork can be diminished by 47 %. It is advisable to employ semi-system formwork for column formwork as it can result in a cost reduction of 37 %. However, it is recommended to continue using traditional formwork for floor slab construction, as it is still 15 % more cost-effective per square meter compared to using semi-system formwork.•This method highlights the limitations of traditional formwork.•This method investigates the implementation of semi-system formwork in construction projects.•This study aims to examine and compare conventional and semi-system formwork projects.