Phases of value engineering process, Project Management

Phases of value engineering process

  1. Investigation phase: This phase investigates the background information, the technical input reports, the field data, the functional analysis, the team focus and the objectives.
  2. Speculation phase: This phase is the creative phase where brainstorming of the alternative proposals and the solutions takes place
  3. Evaluation phase: This phase analyses the design alternatives, the technical processes, the life cycle costs, the documentation of logic, and the rationale.
  4. Development phase: This phase develops the technical and the economics supporting the data to prove the feasibility of the desirable concepts.
  5. Presentation Phase: This phase presents the recommendations given by the Value Engineering team in an oral way to the design team along with the written report and workbook.
  6. Implementation Phase: During this phase, the design team evaluates the Value Engineering Team's recommendations and implements those that have been accepted by them.
  7. Audit Phase: During this phase, the performance measurement of the recommendations are compiled and reported.
Posted Date: 9/29/2012 1:13:54 AM | Location : United States







Related Discussions:- Phases of value engineering process, Assignment Help, Ask Question on Phases of value engineering process, Get Answer, Expert's Help, Phases of value engineering process Discussions

Write discussion on Phases of value engineering process
Your posts are moderated
Related Questions
Part 1- Social Media Strategy Design For this phase of the project you are required to formulate a social media strategy for a product/service/business/concept/charity...etc. th

Define the term risk in risk management. Risk: It is the probability or chance of something which may or may not arise; this is something that can be quantified by using s

Question: A sewer line is to be connected to a school. This work will be carried out in a 2.4 meters deep excavation and will be routed through the playground, which was once

Scenario Even ‘well run' organisations can fail to stay atop of their industries when they are challenged by certain market or technology change. Change is an imminent part of busi

Risk Knowledgebase and Metadata  When we think of storing risk experience knowledge for our future use in the organisation and make it accessible is to build an automated repos

Q. How important are the stakeholders? The most significant stakeholder of course is your client or customer. Conversely that perhaps in excess of one person that the sponsor a

Question 1: "Total Quality Management is regarded as a quick fix solution by many organizations.This has led many companies to start on the road to total quality improvement in

The Three Gorges Dam is potentially one of the largest, if not the largest infrastructure projects completed in the 21st century. Clearly, there were a number of key risks that the


what do you understand by the term analystical methods of production