Construction process has often been described as a highly complex process because of the number of disciplines involved during the conceptual, design and construction stage. With the emergence of latest technology and concern for environment, increasing attention in construction industry is given on sustainability. Balance in quality and sustainability has become a major challenge to the construction industry. This paper presents a study that has conducted to determine the acceptance and application of Value Engineering (VE) and Life Cycle Cost Analysis (LCCA) in Malaysia construction industry. A set of questionnaire have distributed to different practitioners in construction industry and the result has reflect the fact that the application of VE and LCCA are still very low.