Principles And Applications Of Value Engineering

Textbook on the application of cost benefit analysis techniques of scientific management to the manufacturing industry, with particular reference to the USA - includes chapters on creative thinking, decision making, production planning (incl. The use of network analysis and operational research methodology), the relevant aspects of business organization, vocational training of value engineers, etc. Bibliographys.

This 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.

Whether you are interested in enhancing your own applications of VE and LCC – or you need to understand the current methodology in order to hire a practitioner and oversee the process – this unique publication will provide the information you are seeking. The book shows you: How to organize and apply VE and life cycle costing for maximum benefit Real-life VE demonstration projects – professionally organized reports, with recommendations you can apply right now Project workbook with forms to conduct a complete VE study

Written for people of various professions and offering a modern approach to using value analysis for product development, this is a structured process that unites interdisciplinary teams in an organization to select and analyze projects in terms of investment potential and to integrate quality and productivity. It contains four sections that describe the nature, measurement, design and management of value.