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
PRODUCTION PLANNING AND SCHEDULING OF A GARMENTS MANUFACTURING COMPANY 1. Introduction TREND SHOPS SDN BHD is a manufacturing unit of (mid-upmarket) ladies garments.  It

Questiuon 1 a) Describe on the factors that you need to consider when planning the presentation. b) Describe the importance of listening for members of the audience and expl

What do you mean by Gates and Milestones? Gates and milestones: Milestones are a completion of main interim objectives for a project for example the key stages of a pro

A 69 year old Greek man, Mr. Baltas, who speaks little English, was admitted to a major hospital in Melbourne for assessment and tests for a cancer-related illness. He had been dia

Question: (a) Project Integration Management refers to the integration of the nine knowledge areas and project phases involved in coordinating project activities to ensure th


Explain about the Economic Order Quantity and Total Cost with diagram. Economic Order Quantity and Total Cost: The total of Inventory procurement cost and also inventory carryi

Suppose you are the project manager of a new management accounting system which will give monthly profit and loss accounts to a series of 30 computer dealerships, each of this is f

The analogy method of estimating is frequently used to produce broad-brush evaluates at the start of a project. Why this method is mainly suited to such application? Determinin

Explain about the term project planning document. A project planning document (PPD): Project planning document will usually consist of a project technical and resource pl