As in any process, all the inputs are provided for maintenance department to transform into output from their

maintenance activities. These activities when systematically conducted become the work management process. There are many steps to be followed in the total work management process. Explain these in brief.material used for in boiler supporting structure, platforms, duct work &

its supports has been selected. Trend analysis and optimal design analysis are the techniques used for calculation purpose. Interpretation, Conclusions and suggestions are purely base on my opinion and suggestions provided by the project guide.

TECHNIQUES TO BE USED: Information: Records of rework, additional material or repair conducted on boilers already supplied by the company. Function Analysis: Understand the functions of various arrangements of Duct work, platforms for approach to various components of boiler. Creative: Generate a quantity of ideas related to other ways to perform the functions. Evaluation: Reduce the quantity of ideas that have been identified to a short list of ideas with the greatest potential to improve the project and meet the Value Engineering study objective. Development: Further analyze and develop the short list of ideas and develop those with merit into value alternatives. Presentation Phase / Implementation: Present value alternatives to management team and other project stakeholders or decision makers.

TYPICAL FLOW CHART:

LITERATURE REVIEW: Value engineering began at General Electric Co. during World War II. Because of the war, there were shortages of skilled labor and raw materials. Lawrence Miles and Harry Erlicher at GE looked for acceptable substitutes for materials. They noticed that these substitutions often reduced costs, improved the product, and in some cases, both. What started out as an experiment driven by necessity was turned into a systematic process. They called their technique Value Analysis. As others adopted the technique, the name gradually changed to Value Engineering. VAVE is a systematic process used by a multidisciplinary team, directed at analyzing the functions of a project, product, process, system, design, or service for the purpose of achieving the essential functions at the lowest life cycle cost consistent with required performance, reliability, availability, quality and safety. VAVE is the process of reducing costs in a development project. This process is achieved by assessing materials, processes and or products and offering alternatives. The outcome should result in savings to the client / end user without compromising the intent of the design, i.e. by maintaining or improving performance and quality requirements of the product. The key metric/factor is to achieve the desired results without compromising on quality and performance of the product. Projects that use Value Engineering in the early development or conceptual stages are generally more successful due to common understanding of the objectives, deliverables, and requirements. At this point, major design and development resources have not yet been committed and the manner in which the basic function of the project is to perform

has not been established, so alternative ways may be identified and considered. Applied with flexibility and creativity, Value Engineering is almost unlimited in its ability to identify areas of potential savings. An important aspect of Value Engineering lies in its ability to respond with timeliness, flexibility, and creativity. It can be used for new or existing programs, all phases of a project, and for organizational processes. Value Engineering can be used to improve quality, achieve lower costs, assure compliance, improve efficiency, build teamwork and reduce risks.

AN EXAMPLE: Background and Problem Statement: A case study of a Universal Testing Machine (UTM), in which the material, design of components is changed according to the value engineering methodology. It was observed that the unnecessary increase in cost is due to the use of expensive material, increase in variety of hardware items and thereby increasing the inventory and so on. Therefore some components were selected from UTM and on which Value Analysis technique for the cost reduction was applied. Value Engineering Study : Universal Testing Machine which is manufactured in Balancing Instruments and Equipments Ltd. Miraj, (Maharashtra) since from last 35 years. They are also manufacturing big range of testing machines i.e. Impact Testing Machine, Hardness Tester, Torsion Testing Machine etc. Universal Testing Machine was selected for case study as it is most popular and relatively fast moving product. Value Analysis technique of cost reduction was conducted on followings components of UTM and achievements were made as indicated for each component.

Dial Bracket: By keeping same function the design of the existing dial bracket can be modified raw material of cost ( Rs. 900/-) hence 10% savings.

Top Bearing Bracket Assembly: By keeping same function the design of the existing Top bearing Bracket assembly was modified to achieve savings Saving in Raw material (Rs. 110/-), Machining Cost (Rs. 90/-), Reducing one pin ( Rs. 150/), Reducing one bearing (Rs. 1100/-). Total saving by modifying design( Rs. 1450/-) and percentage saving in this proposal 19.33 %.

Recorder Gears: By using Nylon Gears and Pinion, the motion can be easily given to the chart roller and rack scale. Range Selector Knob: By using Nylon Selector Knob, we can select the required load range and also cam position and dial markings can be suitably changed.

Hand Wheel: With the same function the material of Hand Wheel can be replaced by Nylon

WORK DONE: the Valve Analysis on existing products on the company. Record file of the costing and reports on rework done & additional material supplied to various installations were collected for analysis of the same. So that the process, design etc can be modified to lower costs and make companys products more competitive in the market.

REFERENCES: James D. Bolton, Utilization of TRIZ with DFMA to Maximize Value. Dr. Habil. Ferenc Ndasdi , CVS, Ph.D., FSAVE, College of Dunajvros Hungary, Dunajvros, Tncsics M. u. 1/a., Can Value Added Strategies Enhance the Competitiveness Of Products? Don J. Gerhardt, Ingersoll Rand, 800-E, Beaty street, Davison, NC, 28036, Managing Value Engineering in New Product Development. John b. sankey, The Use of Design Charettes to Enhance the Practice of Value Engineering Fang-Lin CHAO, Chien-Ming SHIEH and Chi-Chang LAI, Value Engineering in Product Renovation Habibollah Najafi, Amir Abbas Yazdani, Hosseinali Nahavandi, Value Engineering and Its Effect in Reduction of Industrial Organization Energy Expenses