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.

Integrating Value and Lean Management in Manufacturing Processes

Abstract: In this paper a model for an integrated application of Lean Management and Value Management in manufacturing processes is proposed. Its purpose is to reduce some gaps that have been pointed out to Lean Management, namely, lack of ability to understand customer value, potentially negative impact on innovation capability and inability to eliminate waste in small processes. To do so, concepts from both management approaches were integrated as well as some of their most relevant tools, namely, Value Stream Mapping and Function Analysis. The implementation test done to the proposed model indicates that it can improve the understanding of customer value allowing waste to be highlighted and eliminated. The paper briefly reviews both Lean and Value Managements concepts as well as the major tools that were included in the model. The model is then exposed and discussed, the test implementation of the model is briefly displayed and the main conclusions exposed.

Key value engineering protocols in marine projects

Abstract: Despite the uniqueness of marine projects, their value engineering (VE) protocols are similar to those used in other projects. Previous research suggests that problems that may be addressed using V...

Effective Implementation of Value Engineering Using Artificial Neural Network Aid of Optimization Techniques

Abstract: Value Engineering (VE) is a method for characterizing the developed requirements of a product, and it is concerned with the selection of less excessive conditions. VE can understand and improve the...

Using Value Engineering to Reduce Life Cycle Cost

Abstract: : VE is defined as "a systematic effort directed at analyzing the functional requirements of DoD systems, equipment, facilities, procedures, and supplies for the purpose of achieving the essential functions at the lowest total cost, consistent with the needed performance, safety, reliability, quality, and maintainability," according to DoD Handbook 4245.8-H, Value Engineering. Public Law 104-106 requires all government agencies to establish and maintain VE procedures and processes. The Federal Acquisition Regulation requires a VE clause to be included in all contracts exceeding a specified threshold. DoD objectives state its net savings and cost avoidances for VE will be at least 1.5 percent of the total obligation authority. The VE process is typically conducted in eight phases: orientation, information, functional analysis, creative, evaluation, development, presentation, and implementation. Although the greatest potential for cost control when applying VE exists in the research and development stage of a new capability, opportunities for the application of VE techniques exist in every stage, especially when considering new available technologies and the experience of actual system deployment and user feedback. There are times when a problem in reliability or maintenance may become the greatest opportunity. Crane Army Ammunition Activity recently used VE principles to great success in a cooperative joint redevelopment with the Naval Surface Warfare Center. CAAA is colocated with Code WXR, the Navy design agent for countermeasure flares, at the NSWC installation at Crane, Ind. The effort turned unusable inventory into good materiel, supporting the warfighter, saving dollars, and easing the environmental impact of the flares.

A Process of Value Assessment for Building Components of Hanok Residence

Abstract: This study focuses on a process of Value Engineering (VE) for Hanok, Korean traditional residence, and its major building components. The purpose of this study is to support designer or builders with objective clues for decision- making by VE, especially when a preliminary design needs changes and feedbacks for the next steps toward design development and/or construction processes. For this research, Hanok elements were reviewed first in overall, and six major components have been selected for performing VE analyses: wall, roof structure, Giwa that is Korean traditional roof tiles, openings, Ondol that is Korean traditional floor-heating system and fence system. The wall system among those was used for a target to be examined in this paper, because this element affects the value of Hanok mostly in aspects of function and cost. For this research, popular applications using Information and Communication Technologies (ICT) such as Green Building Studio (GBS) have been utilized for simulation for value assessment. With VE analyses, it is turned out that the performance level of Hanok elements can determine its quality and this process will support objective data with concrete database to be used throughout the building process including design, construction and maintenance phases. Also, it would be possible that designer can make decision quickly by offering necessary plans and element details, while builder would be able to reduce cost and shorten construction period by the whole VE process.