Value Analysis/Value Engineering
Short course
In Leamington Spa, Warwickshire
Description
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Type
Short course
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Location
Leamington spa, warwicks...
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Duration
1 Day
This practical workshop introduces the well, established and powerful Value Analysis/Value Engineering (VA/VE) techniques that are used to improve product value and achieve cost reductions. VA/VE focuses on defining customer requirements before improving the product design, and ensures a balance of cost competitiveness and customer satisfaction by following a structured
Facilities
Location
Start date
Start date
Reviews
Course programme
Course Content
The Concept of Value
- Causes of inefficient design and the issue of "hardware fix"
- Defining product use and esteem value
- Areas of application
The VA/VE Methodology
Application of the methodology to a case study product:
- Select and define: where can Value Analysis be successfully applied ?
- Information: gather relevant information
- Analysis: process the information
- Speculation: generate new ideas
- Evaluation: idea sorting and selection
- Action planning and implementation
Managing Value
- Application issues: products (new and existing), processes and systems
- Setting up the team and creating value awareness
Summary
- Key points for success
- Benefits and pitfalls
Value Analysis/Value Engineering