VALUE ENGINEERING

The speaker describes and discusses value engineering, also known as value analysis. Value analysis is a function oriented, systematic, team approach used to analyze and improve value in a product designed system or service. It is a powerful, team-oriented methodology to reduce unnecessary costs, improve value, and build teamwork and consensus. The value analysis process has five phases - identify the potential, analyze the function, generate ideas, evaluate ideas, and develop recommendations.

• Corporate Authors:

  Federal Highway Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Authors:
  • Curtis, R
• Conference:
  • Fifth National Highway/Utility Conference
  • Location: Phoenix, Arizona
  • Date: 1995-10-4 to 1995-10-6
• Publication Date: 1996

Language

• English

Media Info

• Pagination: p. 55-60

Subject/Index Terms

• TRT Terms: Analysis; Consensus; Costs; Evaluation; Products; Recommendations; Teams; Value engineering
• Uncontrolled Terms: Function (Use)
• Subject Areas: Finance; Highways; Planning and Forecasting; Research; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00793922
• Record Type: Publication
• Report/Paper Numbers: FHWA-PD-96-020
• Files: TRIS, USDOT
• Created Date: Jun 22 2000 12:00AM