Topic
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.
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TL;DR: In this paper , a new sustainable value analysis (SVA) is proposed, which uses a new definition of value and a set of indicators based on the Doughnut, which can serve assessing the value of a project i.e. knowing how the project will be perceived by stakeholders.
Abstract: Abstract Societies are faced to ecological crises and widening disparities. This has to be integrated in the management of complex projects as they are increasingly complex and impactful. Value Analysis can serve assessing the value of a project i.e. knowing how the project will be perceived by the Stakeholders. It is a collaborative approach that helps make decisions in the early stages of a complex project. This paper aims at demonstrating that a new “Sustainable Value Analysis” (SVA) provides a decision-making support toward sustainability. SVA uses a new definition of Value and a set of indicators based on the Doughnut. Methods for the introduction of sustainability in the upstream design phases have limitations, which are highlighted in the literature review. Yet, the potentials of value approaches can be shown. Based on this analysis, an illustrative case is proposed to demonstrate how to integrate the ecological and social dimensions in a classical Value Engineering approach to determine SVA. The article concludes that the SVA allows identifying and characterizing the sustainable dimensions of Value, through a collective approach based on Stakeholders.
01 Aug 2021
08 Nov 2019
01 Jan 2013
TL;DR: In current study, the fuzzy MADM approach of value engineering is applied to modernization of a school building, where the fuzzy AHP is used to weight the evaluation metrics which are acquired from innovation step and fuzzy TOPSISis used to prioritize proposed schemes.
Abstract: One of the principal necessities of any organization is controlling the time and cost along with increasing the quality of their products. This strategy is always being considered in management challenges of project developments. A proven method for controlling and decreasing the costs in variety of projects, especially used in structural developments, is the value engineering.The decision theory which plays an important role in process of implementation programs of value engineering, utilizes the fuzzy theory in complicated and vague situations. For different aspects of decision making with inaccurate data sets, there are plenty of methods such as ‘Fuzzy Multiple Attribute Decision Making’ which could be applied in value engineering procedures. Structural building projects are good samples of inaccurate data sources with different mechanical, electrical, etc. parts.In current study, the fuzzy MADM approach of value engineering is applied to modernization of a school building. The fuzzy AHP is used to weight the evaluation metrics which are acquired from innovation step and fuzzy TOPSISis used to prioritize proposed schemes. Based on the estimation by value engineering team, the proposed method decreased the costs by 16.2% and saved the time by 26.42%, comparing with ordinary implementation scheme.
01 Jan 1983
TL;DR: In this paper, the authors present a status report on the present condition of VA/VE followed by a recommendation as to how the condition can be improved, which is a good starting point for any improvement.
Abstract: Changing business and social trends seem to finally be signalling the development of a large market for Value Analysis/Value Engineering. However, VA/VE has problems that need to be addressed and resolved to ta