VALUE ENGINEERING

1. VALUE ENGINEERING
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2. VALUE ENGINEERING
PROCESS
Presented by :
C.RESHMA
115011013902
B.TECH – ECE
II-YEAR

3. WHAT IS VALUE ENGINEERING ?
Tool we use in
project
development .
1
Builds
consensus with
the partners .
2
Team of experts
identifies
solutions that
will satisfy the
functions.
3

4. VALUE ENGINEERING
80% of the project costs…..1
It is found in 20% of the items….2
Value oriented project cost…3
Measured in the scope of performance.4

5. VALUE ENGINEERING
1 Systematic problem
solving process
2 Multi-Discipline team
approach.
3 Life cycle cost oriented .
4 Function based analysis.
5
Free of normal design
restrictions.

6. VALUE ENGINEERING METHEDOLOGY
2
cost
1
Functions
3
Developme
nt of ideas
4
Technical
review
5
Team
review.

7. PROCESS OF VALUE ENGINEERING
1)
Functional
analysis.
2)
Standardiza
tion of parts
.
3)
Alternatives
of
functions.
5)
Re-
engineering
product
areas
6)
Improvmen
t in product
designs.
5)
Changes in
materials
specifications
8)
Modificatio
n in project
methods .
9)
Design to
make a
component.
10 )
Design to
buy a
component.
4)
Value cost
analysis.

8. VALUE ENGINEERING JOB PLAN PHRASES
INVESTIGATION
Investigate
project analyze
function SPECULATION
Speculate on
alternatives
EVALUATION
Evaluate
alternatives
AUDIT
Audit results.
IMPLEMENTATION
Implement
alternatives
PRESENTATION
Present
alternative
DEVELOPMENT
Develop
alternatives
Select project
SELECTION

9. VALUE ENGINEERING
Design project
scope .
Improvement
opportunities.
Project
blueprint .
Support project
plannings .
VALUE
ENGINEER
ING
REACTION

10. Identifying
of
improved
projects .
Reduce
the
product
cost
Eliminating
unnecessary
products that
increase the
cost .
AIMS
AIMS OF VALUE ENGINEERING :

11. THANK YOU
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