SME Logo

SME Training

 

Value Analysis and Value Engineering

Share this

Two-day course

Description
Value is increased in a product or service by effecting either required function or inherent cost according to redefined formulae. This course uses participant knowledge and expertise in a cross-functional team setting to increase value-perception in current or future products. Participants will learn how to meet client requirements for comprehensive VA/VE analysis while applying the continuous improvement generated by a robust VA/VE technique.
Audience
This course is recommended for cost estimators, design engineers, manufacturing engineers, quality, sales and marketing personnel.
Learning Objectives
  • Enhance part or office service function
  • Improve team interaction by working on different projects in a team format
  • Develop an internal VA/VE action plan to implement upon return to facility
  • Comply with client requirements or supersede their requirements
Outline At-A-Glance
  • What is VA/VE?
  • VA/VE Timing in Production Process
  • Why VA/VE
  • VA/VE General Methods and Practices
  • Getting started on VA/VE Projects
  • Step-by-Step Instructions
  • Function Determination and Ranking
  • Cost Distribution Among Functions
  • Brainstorming Possible Revisions
  • Re-Evaluate Step-by-Step Instructions
  • Ranking and Selection of Brainstormed Ideas
  • Analysis and Cost Implications of Selected Ideas
  • Step-by-Step Instruction
  • Final Proposal Selection Based on Overall Value Increase
  • Proposal Generation for Management Review
  • Development of Action Plans for the Next Steps to Implement Proposals
  • Where to Go from Here