Applying value analysis


  • Using technique of value control
  • Value engineering

Description

Value is here conceived to be the lowest price that must be paid to provide a reliable function or service. Using the technique sensitizes planners and developers to achieve the absolute minimum cost compatible with functional requirements (through constant focus on questions such as: what is it ? what does it do ? what does it cost ? what is it worth ? what else will perform the same function ? what does that cost ?). Considerable cost savings may be achieved.


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