PR458

 

VALUE ENGINEERING


An Overview Of Value Engineering-Concepts and approaches of value analysis and engineering - importance of value, Function - identity, clarify – analysis


Evaluation of VE-Evaluation of function, Problem setting system, problem solving system, setting and solving management - decision - type and services problem, evaluation of value


Results accelerators, Basic steps in using the systems


Understanding the decision environment, Effect of value analysis on other work in the business- Life Cycle Cost (LCC), Case studies


VE Level Of Effort-VE Team, coordinator, designer, different services, definitions, construction management contracts, value engineering case studies, Effective organization for value work, function analysis system techniques- FAST diagram, Case studies.


REFERENCES

  1. Parker, D.E., “Value Engineering Theory”, Sundaram publishers, 1990.

  2. Miles, L.D., “Techniques of Value Engineering and Analysis”, McGraw Hill Book Co., 2nd End., 1972

3. Khanna, O.P., “Industrial Engineering and Management”, Dhanpat Rai & Sons, 1993.