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.

Language

  • English

Media Info

  • Pagination: p. 55-60

Subject/Index Terms

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