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	WBDG: Value Engineering
		Value Engineering is a conscious and explicit set of disciplined procedures designed to seek out optimum value for both initial and long-term investment.
		Through a group investigation, using experienced, multi-disciplinary teams, value and economy are improved through the study of alternate design concepts, materials, and methods without compromising the functional and value objectives of the client.
		The Society of American Value Engineers (SAVE) was formed in 1959 as a professional society dedicated to the advancement of VE through a better understanding of the principles, methods, and concepts involved.
	www.wbdg.org /project/value_engineering.php (1272 words)

	Value engineering - Wikipedia, the free encyclopedia
		It is a primary tenet of Value Engineering that quality not be reduced as a consequence of pursuing Value improvements.
		Value Engineering is sometimes taught within the Project Management or industrial engineering body of knowledge as a technique in which the value of a system’s outputs is optimized by crafting a mix of performance (Function) and costs.
		In Japan (the land where manufacturing engineers are most valued), it is a standard process to design printed circuit boards of inexpensive phenolic resin and paper, and reduce the number of copper layers to one or two to lower costs without harming specifications.
	en.wikipedia.org /wiki/Value_engineering (1343 words)

	Value Engineering
		Value engineering is the field of engineering that is based on the intensive and comprehensive process of analyzing and evaluating each aspect of a system or product in order to determine its cost efficiency.
		Once this initial task of inspection is completed, a value engineer will develop, recommend and, hopefully, implement ways to reduce the production or operational costs of the system, facility, service, product, equipment, etc. to which he is assigned.
		In short, value engineering has as its objective the maximization of performance and function yet achieved with the most minimum possible cost.
	www.iscid.org /encyclopedia/Value_Engineering (149 words)

	GSA - Implementing Value Engineering (Site not responding. Last check: 2007-10-28)
		Value engineering practices are formally structured in the design phase and depend on contractor initiative in the construction phase.
		The value engineering effort is scaled to the project size, complexity, and status.
		Value engineering goals for individual projects are often addressed in partnering agreements among GSA, the various consultants, the construction contractors, and the end users.
	www.gsa.gov /Portal/gsa/ep/contentView.do?programId=8330&channelId=-13837&ooid=8155&contentId=17948&pageTypeId=8195&contentType=GSA_BASIC&programPage=/ep/program/gsaBasic.jsp&P=PME (352 words)

	Circular No. A-131 -- Value Engineering
		For example, an engineering improvement that increases the mean time between failures and thereby decreases operation and maintenance costs is a cost avoidance action.
		Value engineering can be used as an analytical technique in the TQM process.
		The net life-cycle cost savings from value engineering is determined by subtracting the Government's cost of performing the value engineering function over the life of the program from the value of the total saving generated by the value engineering function.
	www.whitehouse.gov /OMB/circulars/a131/a131.html (1906 words)

	Value_Engineering
		Value Engineering is often misunderstood and abused on projects.
		All to often Value Engineering is not performed until the end the design phase or after bid opening when it is discovered that the project, as designed, is over budget.
		This is critical to successful Value Engineering since a savings on a particular system or sub-system project change will be worthless to the Owner if such a change lengthens the construction period thereby driving up the construction costs.
	www.thetiburongroup.com /Value_Engineering.html (339 words)

	Value Engineering (Site not responding. Last check: 2007-10-28)
		Value Engineering is used to evaluate alternative construction materials and methods to provide the best balance between cost, schedule, quality, and performance.
		The Value Engineering approach is intended to eliminate unnecessary expenses by evaluating the costs of alternative construction solutions on cost, schedule, quality, and performance.
		By providing value engineering services early in the design process, we are able to develop the information necessary for the project team to make informed decisions and strike the perfect balance.
	www.rpindustries.com /valueeng.htm (222 words)

	DSCR - Value Engineering (Site not responding. Last check: 2007-10-28)
		The value methodology (also called value engineering, value analysis or value management) originated in the industry community, but its use has rapidly spread to all levels of government - in the United States as well as overseas - due its potential for yielding a large return on investment.
		Value Management Brochure The Department of Defense Value Engineering Program has proven to be beneficial to both the federal government and the defense contractor.
		Value Engineering Change Proposals (VECP) The Value Engineering has the responsibility to be the technical coordinator of all Value Engineering Change Proposals for DSCR.
	www.dscr.dla.mil /userweb/AviationEngineering/Engineering/valueengineering/valueengineering.htm (535 words)

	Value engineering perspectives
		Instead, after the design underwent value engineering, the bridge is a cast-in-place, segmental structure with single-box girders.
		Value engineering is being used on more and more bridge projects across the country.
		The value engineering process itself requires a commitment of time and money, so the saving has to far exceed the cost of value engineering.
	www.concreteproducts.com /mag/concrete_value_engineering_perspectives/index.html (996 words)

	New York District, U.S. Army Corps of Engineers
		Value Engineering is an organized study of functions to satisfy the user's needs, with a quality product at the lowest life cycle cost through applied creativity.
		Value Engineering is directed at reducing cost, while maintaining or improving quality, maintainability, performance, and reliability.
		The Value Engineering job plan is a systematic procedure for implementing all the necessary tasks associated with the VE study.
	www.nan.usace.army.mil /business/buslinks/valueeng (532 words)

	Value Engineering (Site not responding. Last check: 2007-10-28)
		Value Engineering is a function oriented, systematic team approach to balance performance and cost.
		Typical value engineering studies are performed under the direction of an experienced facilitator using a multi-discipline team of project and stake holders who break down the project into functional performance elements.
		Value Engineering Studies are performed by all four of the Districts in the South Pacific Division.
	www.spd.usace.army.mil /dets/public/eng/ve/index.htm (202 words)

	Value engineering (Site not responding. Last check: 2007-10-28)
		Value Engineering Study and Constructibility Review of a new $17 million, 94,700-sf.
		The results of the value engineering study were: $325,500 in cost savings and $197,500 in value improvements.
		Multi-discipline Value Engineering study of an $11.8 million renovation to this historical building.
	www.oz.net /~aaa/valueengineeringproj.html (179 words)

	Value Engineering
		Value Engineering (VE), also known as Value Analysis, is a systematic and function-based approach to improving the value of products, projects, or processes.
		On highway projects, improvements to value might include reducing the life cycle cost of an interchange, enhancing safety in a design, or reducing impacts to the public by shortening the duration of a construction project.
		Value Engineering is a tool that will improve your ability to manage projects, solve problems, innovate, and communicate.
	www.mto.gov.on.ca /english/transtek/ve (553 words)

	Value Engineering & Analysis Services
		Value Engineering (VE) involves three initial questions: (1) What is the item’s function, (2) what does the item cost, and (3) are there other ways of performing the function at the same or a reduced cost?
		In the past 25 years, MACTEC’s Value Engineering services have helped clients save in excess of $1.1 billion on projects totaling an estimated $11.1 billion in construction costs, providing a return on investment of 70:1.
		MACTEC provided value engineering studies for three facilities outside the United States, which resulted in savings of $56 million while maintaining project quality.
	www.mactec.com /Services/Engineering_and_Design/ValueEng.aspx (183 words)

	The Value Engineering Online Certification Course
		Value Engineering (VE) is a creative, organized approach with the objective of optimizing life cycle costs and of the performance of a system, facility, or building.
		Value Engineering methodology is now a federal law within government agencies.
		The value engineering methodology for manufacturing was first developed by the late Larry Miles a General Electric employee during W.W.II, and later pioneered by
	www.vecourse.com (227 words)

	ASD Consultants, Inc. - Value Engineering (Site not responding. Last check: 2007-10-28)
		ASD is establishing a history in value engineering - our in-house team of qualified professionals have both formal training and hands-on experience making them well prepared to undertake every assignment in an efficient manner.
		ASD places great emphasis on involving the owner in the performance of value engineering as early as possible in the process of establishing design standards.
		ASD defines value engineering as a systematic, creative effort at analyzing a project's components and systems to determine that required functions are achieved at the lowest possible overall cost without sacrificing quality, safety or reliability.
	www.asdconsultantsinc.com /value_engineering.html (157 words)

	Using Active Value Engineering for Quality Management
		Value Engineering (VE) for Construction, often demonized as De-Value Engineering, should function as a holistic value review of a project, including design, program, site placement, materials, constructability, life-cycle costing, and environmental sustainability.
		Value Engineering was conceived as a cost and value tool during World War II by Lawrence Miles and Harry Erlicher while working at General Electric (GE).
		By neglecting cost (and value) as one of the requirements of design, the architect runs the risk of attempting to defend the cost and value of the design after the project is complete.
	www.aia.org /nwsltr_pm.cfm?pagename=pm_a_200606_VE (1034 words)

	Value Engineering
		Value Engineering is a creative, organized approach whose objective is to optimize cost and / or performance of a facility or system.
		Through a system of investigation, unnecessary expenditures are avoided, resulting in improved value and economy.
		Value Engineering is a creative, organized approach whose objective is to optimize cost and / or performance of a facility or system.
	www.geocities.com /msasaf/ValuEng.htm (241 words)

	VEA - Value Engineering Branch (Site not responding. Last check: 2007-10-28)
		A Value Engineering Change Proposal or VECP is a process in which improvements are made to an item and the contractor and the government split the savings, up to 75%, for up to 5 years.
		The Value Engineering Branch is responsible for the coordination of Value Engineering Change Proposals for DSCR.
		Value Engineering, in cooperation with the Engineering Support Activities, helps develop new sources and lends our expertise to drawing and specification interpretations.
	www.dscr.dla.mil /ve_engineering/vea.htm (717 words)

	Services \| Design + Engineering: Value Engineering
		PB defines value engineering as a systematic, creative effort to analyze a project's systems and components, ensuring that required functions are achieved at the lowest possible overall cost—without sacrificing quality, safety or reliability.
		We have developed a broad range of value engineering experience with transit, highway, marine, industrial, energy generation, commercial and governmental projects.
		Our experience has demonstrated that "value" is built into a project, not added later; the greatest benefits to a client are realized in the early phases of a project.
	www.pbworld.com /services/design_engineering/value_eng.asp (130 words)

	VALUE Engineering - Company Overview
		VALUE Engineering understands that our success depends on what we bring to your company: state-of-the-art test techniques, increasing fault coverage, and innovative means of fault isolation.
		You'll find VALUE Engineering is well positioned to assure your test processes are the most effective, efficient, and economical as possible.
		VALUE Engineering specializes in ICT development with expertise in Teradyne programming.
	www.valueeng.com /html/test.html (211 words)

	What is Value Engineering? (Site not responding. Last check: 2007-10-28)
		Value engineering is many times confused with cost cutting.
		In other words the "value" of a product depends on who is looking at it and what their needs are at a particular time.
		Value Engineers try to calculate what is usually referred to as "Life Cycle Costs".
	www.enterprisefoundation.org /resources/dss/singlefam/sf&24&in&nc&ss&lg&rin&rnc&ucpssd1.htm (315 words)

	Value Engineering
		Value Engineering (VE) was developed at General Electric Corp. during World War II and is widely used in industry and government, particularly in areas such as defense, transportation, construction, and healthcare.
		Most authorities concede that Value Engineering is an excellent program but that its use has waned in recent years due to a perceived lack of support by government agencies.
		Manpower reductions are increasing the value of improvements in reliability and maintenance and reductions in supply requirements.
	ve.ida.org /ve/ve.html (729 words)

	EPCONSULT: Value Engineering for commercial oil and gas projects (Site not responding. Last check: 2007-10-28)
		Value Engineering is one of the key elements in our Integrated Optimization Framework methodology.
		Value Engineering workshops are hosted at an early stage of the project phase with the objective of stimulating creative thinking – the 'blue-sky' approach.
		By spending a relatively short amount of time on value engineering, most conceivable concepts will have been considered and there will be an audit trail demonstrating how the preferred solution was derived and why other options were screened out.
	www.e-p-consult.com /value_engineering.shtml (249 words)

	Value Engineering: Stirling/Brown
		Value engineering is a systematic approach to obtaining optimum value for every dollar spent.
		Therefore, it must be clearly understood from the start that accomplishing better value does not mean reducing quality to a point where it is lower but may just get by.
		Brown has been trained in value engineering by the Society of American Value Engineering in a program sponsored by the General Services Administration, and has used VE on GSA and HUD modernization projects with much success in the past.
	www.stirlingbrown.com /ValueEngineering.htm (292 words)

	Value Engineering (VE) Program - Audit Report No. 260 - May 2, 1997
		The Circular states that Federal agencies are to use value engineering as a management tool, where appropriate, to ensure realistic budgets, identify and remove nonessential capital and operating costs, and improve and maintain optimum quality of program and acquisition functions.
		Agencies are to establish and maintain value engineering programs, which are to be audited by the agencies’ Inspector General.
		Value engineering clauses were included in the Commission's largest contract (the EDGAR project) and one other contract, while they were omitted in four contracts over $1 million (the minimum threshold established by Circular A-131).
	www.sec.gov /about/oig/audit/260fin.htm (690 words)

	Value Engineering - Design - FHWA
		It discusses many subjects (highlighted in the left margin) crucial to the administration of a viable VE program and attests to the program's success through yearly summary reports.
		The FHWA also works with the American Association of State Highway and Transportation Officials' (AASHTO) Value Engineering Technical Committee to encourage and promote the use of VE by State DOT's.
		One such activity used by the FHWA is the presentation of State DOT awards for "Excellence in VE" at the biennial AASHTO VE Conference.
	www.fhwa.dot.gov /ve (333 words)

	GSA - What PBS Wants in Value Engineering Consultants (Site not responding. Last check: 2007-10-28)
		Value engineering consultants may be single firms or joint ventures of two or more firms.
		GSA also prefers that the value engineering consultant for a project not be affiliated or otherwise involved in current business associations with the project's design firm.
		Value engineering of building construction must represent a significant portion of a firm's overall business.
	www.gsa.gov /Portal/gsa/ep/contentView.do?programId=8330&channelId=-13837&ooid=8155&contentId=17949&pageTypeId=8195&contentType=GSA_BASIC&programPage=%2Fep%2Fprogram%2FgsaBasic.jsp&P=PME (245 words)

	Kentucky Transportation Cabinet - Highway Design - Value Engineering
		The National Highway System (NHS) Designation Act of 1995 requires states to perform Value Engineering studies on all federal-aid highway funded projects on the NHS with an estimated total cost of $25 million or more.
		Value Engineering (VE) is a tool that can provide cost reduction, product or process improvement, and alternate means and materials for construction and maintenance.
		Sufficient engineering and cost estimation are performed in the development phase to show that the alternate is a workable and feasible idea.
	www.kytc.state.ky.us /design/value/value.asp (472 words)

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