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.

Recognition on the complex mechanics of value engineering application system

Abstract: The content of Value Engineering (VE) application system and the VE application characteristics of more than 100 cases are first analyzed during 1978~1998 in China. Then,based on the system complexity thinking carry out the discussion of the complexity mechanics of VE application system. Pointing out that it is mainly exerted in the Value Relations (VRs) and they are the emergence of complexity. By these understandings, analyze the various deficits in traditional VE application caused by system complexity.

Design Innovation Path Model of Product Aesthetic Value

Abstract: With the development of social economy, product aesthetic design has become an indispensable part of commodity competition. Firstly, this paper divides the innovation dimension of aesthetic value of products into three dimensions: the beauty of modelling sense, the beauty of functional experience and the beauty of image connotation. Then the three dimensions are taken as coordinate axes to construct the dimension selection model of design innovation of product aesthetic value. On the basis of value engineering, aiming at the different characteristics of existing products and new products, this paper puts forward a variety of design Innovation paths of product aesthetic value. Enterprises should choose suitable design innovation entry model according to the development situation and competitive edge.

Study on Efficient Approach on Cost Control in the Stage of Architecture Engineering Design

Abstract: In allusion to the significance of design stage to cost control in the engineering and based on analyze present problems in the design stage, it is a feasible way to put forward four efficient approaches in the design stage to control construction cost including quota design, design biding, value engineering and standardized.

Drivers and inhibitors to value creation: A case study

Abstract: A value network refers to a collection of interdependent firms that contribute to the creation of holistic value by producing components and sub-systems that come together to form a holistic technological system. Over time, the value created by the network is enhanced as specialized firms continuously improve the performance of their focal technologies. In this paper, we endeavor to understand the drivers of value network change, firstly by determining the types of factors that constrain the creation of value (both endogenous and exogenous to the network). To this end, we undertake a review of the literature and in turn conduct an illustrative case study to analyze the drivers and inhibitors to value creation in such networks. Our results show that technological imbalances among systemic components form prominent endogenous drivers of change, while changing demographics and customer preferences, introduction of new government regulations, and the advent of new technological innovations in other value networks form prominent exogenous change factors. We subsequently elaborate on the managerial implications of our findings for firms which are positioned in value networks.

Optimizing Economic Return on Highway Investment

Abstract: Methodology currently in use for economic analysis of highways does not readily lend itself to formulation of an optimal program. Benefit/cost ratios or rates of return are meaningful only in comparison with a specific mutually exclusive alternative. Use of the net present value method and dynamic programming permits selection of the combination of projects and alternatives that will provide the maximum economic benefit, given a limitation on the amount of investment capital. This method also permits an analyst to identify that level of total investment for highways beyond which marginal returns tend to diminish.