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