Phases of value engineering process, Project Management

Assignment Help:

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.

Related Discussions:- Phases of value engineering process

Technique to reduce error and increase customer satisfaction, Question: ...

Question: (a) The National Printing Company has been losing customers and orders due to various delays and errors. The Company wants to identify the problems that might be con

Describe problems with functional project coordination, Question 1: "Ma...

Question 1: "Matrix structures are becoming more common and are likely to continue to do so in the future" (Field and Keller, 1998). a) Describe likely problems with functio

Project sceening, explain the reason for the divergence of opinion from one...

explain the reason for the divergence of opinion from one technique to the next?

Data input errors, Discuss the typical data input errors in project managem...

Discuss the typical data input errors in project management.

Explain to g the role of the project manager, P Company manufactures and se...

P Company manufactures and sells a range of children's clothing through its retail shops and is currently designing a website in order to allow customers to purchase products onlin

Effect of the organisational values in individual behavior, The individual ...

The individual is a central feature of organisational behavior and a necessary part of any behavioral situation. According to the study findings, that organisational value has help

What is a successful project, Q. What is a successful project? Since ea...

Q. What is a successful project? Since each project has an element of newness about it there will be difficulties and risks to be surmounted. These require decisions and may be

Cause-orientated organisations, Non-political, not-for-profit, cause-orient...

Non-political, not-for-profit, cause-orientated organisations drawn from more than one country are known as  Non-governmental organisations (NGOs).

Elaborate the project communication management processes, Question : (a...

Question : (a) Project communication plan involves the generation and distribution of project documentation among stakeholders and is considered as the driver of the project co

Internal external factors influence organisational culture, Internal and ex...

Internal and external factors influence the organisational culture Culture facilitates internal integration and harmony as well as external adaptation according to environmental

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd