An Overview Of Value Engineering-Concepts and approaches of value analysis and engineering - importance of value, Function - identity, clarify – analysis

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

Understanding the decision environment, Effect of value analysis on other work in the business- Life Cycle Cost (LCC), Case studies

VE Level Of Effort-VE Team, coordinator, designer, different services, definitions, construction management contracts, value engineering case studies, Effective organization for value work, function analysis system techniques- FAST diagram, Case studies.


  1. Parker, D.E., “Value Engineering Theory”, Sundaram publishers, 1990.

  2. Miles, L.D., “Techniques of Value Engineering and Analysis”, McGraw Hill Book Co., 2nd End., 1972

3. Khanna, O.P., “Industrial Engineering and Management”, Dhanpat Rai & Sons, 1993.