Value Engineering: Theory and Practice in IndustryThis book, along with an instructor's guide (available at www.valuefoundation.org) was developed to support a 3-credit hour university course on Value Engineering principles. The objective of the course is to introduce the concept of value engineering and demonstrate its techniques and application. The course of study provides practical knowledge in specialized techniques that comprise the value engineering methodology and the manner in which they are applied through a systematic job plan approach. |
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Alex Osborn application approach areas Attribute Comparison Technique basic function Brainstorming chart components concept cost reduction Creativity Phase cycle cost decision Design For Assembly Design For Manufacture DETAIL developed direct labor economic effort employees enhance Evaluation Phases EXERCISE existing False True FAST diagram focused Force Field Analysis FSAVE Function Analysis Phase Functional Process Analysis higher order function ideas Implementation Phase important individual industrial Information Phase involved job plan Lawrence D logic manufacturing material Miles Value Foundation needed NOUN Numerical Evaluation objectives operations organization Pareto Pareto Analysis Pareto Principle participation percent performance poor value problem solving product cost proposal purchased reduce SAVE International scope line specific step Supporting Functions Synectics systematic team members term Total Quality Management Value Analysis value engineering methodology value improvement value index Value Management value methodology value practitioner value study Water Table