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Value Engineering

Value Engineering

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Published by meshram_rutuja83

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Published by: meshram_rutuja83 on Nov 14, 2012
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04/07/2013

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VALUE ENGINEERING
 
 
OUTLINE
Theory- basic conceptunderstanding value functiondefinitioncomparison to cost reduction
Practice 
 –
organizing a value engineeringprogramme
 
value???
Monetary and material worth[ random house dictionary]
Nothing can have a value without utility[ Karl Marks]
Lowest price you have to pay to provide areliable function or service.[ L D Miles ]

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