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Lecture 3 Value Engineering

Lecture 3 Value Engineering

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Published by aku_la

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Published by: aku_la on Aug 01, 2008
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10/15/2011

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Value Engineering and ValueAnalysis
 
 
Overview
What is Value Engineering?How is VE Applied?When is it used?What isFunction AnalysisandFAST?
 
 
Definitions
Value Engineering is a technique applied toidentifying optimum value solutions duringnew product development.Value analysis is a technique applied toimproving existing products, processes or services. The objective is usually toreduce cost, but may equally or simultaneously be to improveperformance or quality.-LD Miles

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