The concept of green building becomes the basis for efficiency resources and environmentally friendly. The concept is carried out through the planning, construction and building operation by minimizing waste and negative impacts on the environment. The application of this concept potencially for increasing costs. The risk of increasing costs especially in initial building cost needs to be eliminated by improving function with the Value Engineering (VE) method. The effectiveness for implementation of VE important to know about dominant factors about VE method through development stages. The reseach objective is to find out the relationship between variables VE aims (Y), VE stages (X1), Development stages (X2) and VE methods (X3). Research implementation by survey with quetioner to responden in Jakarta green building project. Data compiling from owner, consultant and contractor staff organization. Correlation result between variables calculated with mean value at 21 indicators. Calculation proceed by SPSS signify, strongly correlation variables Y and X1, Y and X3, X1 and X3. The result indicate all VE factors are important to be implementation. In development stages, VE implementation are important in the planning stage of cost estimation and operational efficiency.