value engineering


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Related to value engineering: value analysis

value engineering

An organized effort directed at analyzing the function of Department of Defense systems, equipment, facilities, procedures, and supplies for the purpose of achieving the required function at the lowest total cost of effective ownership, consistent with requirements for performance, reliability, quality, and maintainability.
References in periodicals archive ?
Value Colleges' Top 50 Best Value Engineering list is designed to guide interested students to the colleges and universities that combine the value of affordable tuition rates with educational excellence.
The Connecticut Department of Transportation (Department) is seeking to engage two (2) prequalified consultant engineering firms, in all the categories listed above, to provide task order services for plan reviews, constructability reviews, value engineering analysis, and other related tasks to assist the Department in improving the quality of contract documents as part of the Department s Quality Assurance Initiative.
Speaking to Bahrain News Agency (BNA), he said value engineering is considered a tool to increase effectiveness of engineering projects while reducing the cost.
The Value Engineering Conference' is considered to be one of the biggest and most important conferences in the Middle East, as it features various research topics and participants.
Using new techniques such as using value engineering in an environment that has not experienced it yet with obstacles and challenges identify and provide strategies for eliminating them and considered as one of the most important factors for successful implementation of value engineering.
Raza said: "The concept of value engineering has achieved renewed focus in recent times, with clients offering additional incentives to improve the functionality and reduce the cost of MEP solutions, especially HVAC systems.
Along with Sheffield and Manchester, Birmingham is highlighted as a city that will lead a new High Value Engineering revolution in the UK.
Under its consultancy segment, Takmeel will be offering key services such as space planning, concept design and detailed design, project management and value engineering.
To help transportation professionals put value engineering into practice, the National Highway Institute (NHI) recently updated its Value Engineering Workshop (FHWA-NHI-134005), a 3-day course in which participants learn how to serve as members of a value engineering team and conduct the related analyses.
He said the approach elaborated in the paper was based on conducting a value engineering study on the proposed construction design before submitting the bid to identify areas which can reduce the total cost of the bid.
Value engineering is a systematic process of function analysis to identify actions that reduce cost, increase quality, and improve mission capabilities across the entire spectrum of DoD systems, processes, and organizations.
With Kipcon Value Engineering Analysis, a detailed review is undertaken, considering all of the materials and equipment that has to be replaced along with any associated costs, including energy and maintenance costs.