This action might not be possible to undo. Are you sure you want to continue?
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:
there were shortages of skilled labor and raw materials. availability. Because of the war. during World War II. What started out as an experiment driven by necessity was turned into a systematic process. reliability. deliverables. processes and or products and offering alternatives.e. The outcome should result in savings to the client / end user without compromising the intent of the design. The key metric/factor is to achieve the desired results without compromising on quality and performance of the product. or service for the purpose of achieving the essential functions at the lowest life cycle cost consistent with required performance. process. improved the product. This process is achieved by assessing materials. VAVE is a systematic process used by a multidisciplinary team. quality and safety.LITERATURE REVIEW: Value engineering began at General Electric Co. They noticed that these substitutions often reduced costs. They called their technique “Value Analysis”. product. both. Projects that use Value Engineering in the early development or conceptual stages are generally more successful due to common understanding of the objectives. As others adopted the technique. the name gradually changed to Value Engineering. i. design. and in some cases. At this point. Lawrence Miles and Harry Erlicher at GE looked for acceptable substitutes for materials. directed at analyzing the functions of a project. and requirements. VAVE is the process of reducing costs in a development project. by maintaining or improving performance and quality requirements of the product. major design and development resources have not yet been committed and the manner in which the basic function of the project is to perform . system.
in which the material. 150/). Value Engineering Study : Universal Testing Machine which is manufactured in Balancing Instruments and Equipments Ltd. Recorder Gears: By using Nylon Gears and Pinion. Torsion Testing Machine etc. 110/-). Therefore some components were selected from UTM and on which Value Analysis technique for the cost reduction was applied. all phases of a project. Machining Cost (Rs. Reducing one pin ( Rs. the motion can be easily given to the chart roller and rack scale. and for organizational processes. Universal Testing Machine was selected for case study as it is most popular and relatively fast moving product. design of components is changed according to the value engineering methodology. Value Engineering can be used to improve quality. Dial Bracket: By keeping same function the design of the existing dial bracket can be modified raw material of cost ( Rs. we can select the required load range and also cam position and dial markings can be suitably changed. Value Engineering is almost unlimited in its ability to identify areas of potential savings. Miraj. (Maharashtra) since from last 35 years. Total saving by modifying design( Rs. AN EXAMPLE: Background and Problem Statement: A case study of a Universal Testing Machine (UTM). Range Selector Knob: By using Nylon Selector Knob. Reducing one bearing (Rs.33 %. and creativity. They are also manufacturing big range of testing machines i. 1100/-). It can be used for new or existing programs.e. . Impact Testing Machine. build teamwork and reduce risks. An important aspect of Value Engineering lies in its ability to respond with timeliness. 900/-) hence 10% savings. so alternative ways may be identified and considered. Applied with flexibility and creativity. 1450/-) and percentage saving in this proposal 19. assure compliance.has not been established. improve efficiency. achieve lower costs. increase in variety of hardware items and thereby increasing the inventory and so on. It was observed that the unnecessary increase in cost is due to the use of expensive material. 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. 90/-). Hardness Tester. Value Analysis technique of cost reduction was conducted on followings components of UTM and achievements were made as indicated for each component. flexibility.
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. Habil. Ferenc Nádasdi . So that the process.. Gerhardt. 1/a. Davison. Amir Abbas Yazdani. Record file of the costing and reports on rework done & additional material supplied to various installations were collected for analysis of the same. “The Use of Design Charettes to Enhance the Practice of Value Engineering” Fang-Lin CHAO. Dunaújváros. “Managing Value Engineering in New Product Development. design etc can be modified to lower costs and make company’s products more competitive in the market. REFERENCES: James D. Bolton. Beaty street. FSAVE. CVS.D. NC. “Value Engineering in Product Renovation” Habibollah Najafi. Ingersoll Rand. u. Chien-Ming SHIEH and Chi-Chang LAI. “Value Engineering and Its Effect in Reduction of Industrial Organization Energy Expenses” . Ph. “Utilization of TRIZ with DFMA to Maximize Value. Hosseinali Nahavandi.” John b.” Dr. College of Dunaújváros Hungary. 28036. 800-E. sankey. “Can Value Added Strategies Enhance the Competitiveness Of Products?” Don J.. Táncsics M.