PR665
VALUE ENGINEERING
An overview of value engineering (VE) - Definition, Concepts and approaches of value analysis and engineering – evaluation of VE.
Evaluation of function, Problem setting system, problem solving system, setting and solving management-decision – type and services problem, evaluation of value.
Results accelerators, Basic steps in using the systems
Value analysis - Understanding the decision environment, Effect of value analysis on other work in the business.
VE Team, Co-ordinate, designer, different services, definitions, construction management contracts, value engineering case studies, Effective organization for value work, function analysis system techniques-FAST diagram.
REFERENCES
Parker,D.E.,” Value Engineering Theory”, Sundaram publishsers, 1990.
Miles, L.D., “Techniques of Value Engineering and Analysis”, McGraw Hill Book Co., 2nd End., 1972
Tufty Herald, G.”Compendium on Value Engineering”, The Indo American Society, 1st Edn., 1983.