Value engineering

About: Value engineering is a research topic. Over the lifetime, 1231 publications have been published within this topic receiving 10882 citations. The topic is also known as: VE.

The Pathology of the Hindrance Factors Impeding the Application of Value Engineering in the Construction Industry in Iran and Ranking Them by Use of Analytical Hierarchy Process

Abstract: Nowadays due to the importance of value engineering, many researches have been done about it and application of it in engineering subcategories especially civil engineering. Researches have either paid attention to the structure of value engineering or to the procedures of getting it done or to mixing it with other managerial tactics like risk management, cost management, quality management, or to the diagnosis of the problems in the procedure of value engineering. However, the present research is about the diagnosis of the barriers against application of value engineering in civil engineering projects in Iran with collecting data and experts’ views and engineers and professors and also application of statistical and AHP approach. The findings of this research include: diagnosis and ranking of the barriers against development and application of value engineering in civil projects with help of AHP-categorizing applicants of value engineering in terms of their field of work in civil engineering, their level of education, their experience and visualizing the amount of application of value engineering in today`s civil projects. It can be reached from data that the most important barrier is lack of the culture and aspiration for thrift. It can be reached from the research that the most important barriers against application of value engineering are lacking the related culture and incentive for thrift and good use of resources. Of course the activities of groups like value engineers club, civil engineers club, office of planning and controlling of presidency are most important in making applicants keen on using the value engineering.

APPLYING VALUE ANALYSIS TO A VALUE ENGINEERING PROGRAM Paper for AAHSTO VE Conference 1999

Abstract: The Washington State Department of Transportation (WSDOT) has been performing value engineering studies on transportation projects since 1984. Our fifteen years of experience with value engineering has seen large variations in the success of the value engineering program. The variations of this program make it an ideal target for process improvement. What better way to prove the value of a process than taking that process and applying it to the program that governs it? This paper documents how a simple seven-point value analysis job plan (Investigation, Speculation, Evaluation, Development, Presentation, Implementation, and Audit) was applied to the WSDOT value engineering program. In less than one year, this exercise has helped yield our organization nearly 1.5 times more savings than the total from the entire previous history of the program. It is highly recommended that any organization with a formal value engineering program duplicate this exercise in an effort to achieve similar results within their own program.

Driving Forces behind and Barriers to Relational Transaction Practices in Public Construction Projects

Abstract: Relational transactions, comprising relational contracts and network strategies, could contribute to better outcomes for general construction projects. However, public projects seem to face more constraints when adopting relational transactions because of the fear that close relationships may be construed as corruption. The aim of this study is to identify drivers of and barriers to relational transaction practices in public projects. A questionnaire-based survey of public projects was administered to construction professionals in Singapore. It is found that the adoption of relational transactions in public projects is motivated by (1) increased value proposition, (2) improved business competitiveness, and (3) improved project time and cost performance. Meanwhile, contracting parties attempting to adopt relational transactions are restricted by (1) a lack of capabilities, (2) ethos of public service, (3) a lack of continuity, and (4) institutional constraints. The implication is that with a better...

Development of Function Breakdown Structure of Building Element based on Performance for Idea Connection in Design VE

Abstract: Design value engineering (VE) has been performed in many construction projects according to the changes in the construction for most of the VB function analysis that performed, are problems that focus on function analysis and generating ideas based on individual experience of VE team member than generating ideas and value improvement of systematic function analysis. This may be due to the quotation of previously performed function analysis data, general function analysis, and abstract function definitions that do not cite the concrete characteristics of each facility. Therefore, in this study, the proposed cases from the existing design VE workshops, the current conditions of the connection between functions and ideas and of the idea categorization by building part were studied to determine why functions and ideas are not connected, and to propose pertinent improvement directions. on a performance-based function categorization system by building part that can provide the logical connection between functions and ideas in the function definition/categorization and function arrangement phases in the function analysis phase, the most important phase in VE activities, was developed by reflecting the required performance and functions for each part of the facility.

Value engineering development in Malaysia: a diffusion study (Volume 1 & 2) / Aliza Ramli

Abstract: The increased global competition and complexity within the Malaysian automotive and construction industries have led organizations to find ways to maximize their products' values, processes, projects or services within a total system while controlling the costs. This can be achieved through Value Engineering (yE), one of the key methods in cost management, which aims to provide better products or services for less cost. Research has been lacking in examining corporate adoption of value appraisal tools such as VE in terms of product development. Little attempt also has been made in the literature to examine and explain the diffusion of VE at individual, organizational and industry levels within Malaysian industries. In addition, the cumulative knowledge on why and how organizations adopt and implement innovations from the theoretical and practical perspectives is still lacking. Increasing competitive pressures and gaps revealed from the literature reviewed provide an opportunity for such study within the Malaysian industries to be carried out. Hence, the main objective of this study is to explore and explain the development of VE and its practice within identified Malaysian automotive components manufacturing and construction organizations, and both the industries using Rogers' (2003) theory of diffusion of innovation. Dual methods, combining both qualitative and quantitative approaches were adopted, to provide a complementary perspective. The QUAL method (Case Study 1 and Case Study 2) was conducted prior to the QUAN (Survey 1 and Survey 2), suggesting sequential triangulation used in the design. However, the case study method was central to the research process. The case study findings were able to show strong relationships between several environmental factors (external and internal) and VE adoption by case companies.