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VALUE ENGINEERING
Presented By
Mr. Khemalapure Amrutraj Balasaheb
Roll no : 09
ME construction Management 1St
Under Guidance Of
Proff.A.R. Vasatkar
TSSM’S Bhivarabai Sawant Collage Of Engineering & Research ,
Narhe ,Pune.
1
Introduction
 Value Analysis was developed in the late 1940s by Lawrence D. Miles. He
worked in the purchasing department of General Electric Company in the USA
 Value Analysis was a response to the question: How had companies managed to
innovate during World War II despite of rationed materials and war time
shortages
 Miles presented a model on the idea that “All cost is for function”. Customers
buy functions experienced through products and services
 Miles named his approach Value Analysis and later Value Engineering. Today it
is also called Value Management
TSSM'S BSCOER 2
DEFINATION
TSSM'S BSCOER 3
Value Engineering:
 “Value Engineering is defined as the systematic, Objective and Analytical Approach
to effectively identify unnecessary costs in construction. ”
 Unnecessary cost are those which do not provide any enhanced quality, appearance,
utility or improving life. it is estimated that by adopting quality, appearance , utility
or improved life .
 It is estimated that by adopting Value engineering technics, saving 5 to 10 % on
large construction project can be effected”
The process of Value Engineering consists of:
TSSM'S BSCOER 4
I. An organized review to improve value by using multi-disciplined teams
of specialists knowing various aspects of the problem being studied.
II. A function-oriented approach to identify the system, product, or service
being studied, and the associated cost.
III. Creative thinking using recognized techniques to explore alternative
ways of performing the functions at a lower cost or to otherwise
improve the design.
PRINCIPAL CHARACTERISTICS
TSSM'S BSCOER
5
 In almost every case in which VE is applied, the money saved will be many times the cost of
a VE study. Generally the expected savings ten times exceed the expected study and
implementation costs.
Value Engineering is functionally oriented to include:
 Identifying the function.
 Placing a price tag on that function.
 Developing alternative means to accomplish the function without any sacrifice of quality.
APPLICABILITY OF VALUE ENGINEERING
 Design is the smallest expenditure in project distribution costs over the life of a typical
project. Usually, all of the initial costs of a project including design and construction add up
to less than 50 percent of the total life cycle cost.
 All phases of VE consider what will accomplish the function of a system, process, product,
or component at a reduced cost. Cost savings diminish as time progresses from inception to
completion of a project.

TSSM'S BSCOER 6

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Value engineering seminar presentation

  • 1. VALUE ENGINEERING Presented By Mr. Khemalapure Amrutraj Balasaheb Roll no : 09 ME construction Management 1St Under Guidance Of Proff.A.R. Vasatkar TSSM’S Bhivarabai Sawant Collage Of Engineering & Research , Narhe ,Pune. 1
  • 2. Introduction  Value Analysis was developed in the late 1940s by Lawrence D. Miles. He worked in the purchasing department of General Electric Company in the USA  Value Analysis was a response to the question: How had companies managed to innovate during World War II despite of rationed materials and war time shortages  Miles presented a model on the idea that “All cost is for function”. Customers buy functions experienced through products and services  Miles named his approach Value Analysis and later Value Engineering. Today it is also called Value Management TSSM'S BSCOER 2
  • 3. DEFINATION TSSM'S BSCOER 3 Value Engineering:  “Value Engineering is defined as the systematic, Objective and Analytical Approach to effectively identify unnecessary costs in construction. ”  Unnecessary cost are those which do not provide any enhanced quality, appearance, utility or improving life. it is estimated that by adopting quality, appearance , utility or improved life .  It is estimated that by adopting Value engineering technics, saving 5 to 10 % on large construction project can be effected”
  • 4. The process of Value Engineering consists of: TSSM'S BSCOER 4 I. An organized review to improve value by using multi-disciplined teams of specialists knowing various aspects of the problem being studied. II. A function-oriented approach to identify the system, product, or service being studied, and the associated cost. III. Creative thinking using recognized techniques to explore alternative ways of performing the functions at a lower cost or to otherwise improve the design.
  • 5. PRINCIPAL CHARACTERISTICS TSSM'S BSCOER 5  In almost every case in which VE is applied, the money saved will be many times the cost of a VE study. Generally the expected savings ten times exceed the expected study and implementation costs. Value Engineering is functionally oriented to include:  Identifying the function.  Placing a price tag on that function.  Developing alternative means to accomplish the function without any sacrifice of quality.
  • 6. APPLICABILITY OF VALUE ENGINEERING  Design is the smallest expenditure in project distribution costs over the life of a typical project. Usually, all of the initial costs of a project including design and construction add up to less than 50 percent of the total life cycle cost.  All phases of VE consider what will accomplish the function of a system, process, product, or component at a reduced cost. Cost savings diminish as time progresses from inception to completion of a project.  TSSM'S BSCOER 6
  • 8. EFFECT OF VALUE ENGINEERING   The VE goal is not to make item costs cheaper but to determine the worth of the basic function without regard to its application and set a target cost. VE finds design alternatives that meet all needs at a lower overall cost.  A VE study can generate recommendations to eliminate ten to thirty percent of the project's construction costs. The designer usually accepts about half of these recommendations, providing savings of at least five percent. The cost of the VE effort including any redesign is usually less than ten percent of the implemented savings.  18 NOVEMBER 2014 TSSM'S BSCOER 8
  • 9. 18 NOVEMBER 2014 9 VE Job Study Plan Phase Objective Key Questions Selection Select Project What is to be Studied? Who is Best Able to Study the Problem? What must be Known to Start? Investigation Investigate Project Analyze Function and Cost What is the Project? What is the Problem? What is the Cost? What is now Accomplished? What is the Basic Function Worth? What are the Secondary Functions Worth? What are the High Cost Areas? Can Any Function be Eliminated? Speculation (Creative) Speculate on Alternatives What Else will Perform the Function? Where Else may the Function be Performed? How Else may the Function be Performed? Evaluation (Judgment) Evaluate Alternatives How Might Each Idea Work? What Might be the Cost? Will Each Idea Perform the Basic Function? How will the new Idea Work? How Can Disadvantages be Overcome?
  • 10.  In VE, as in other problem-solving methods, a systematic approach produces better results than undisciplined ingenuity. Strict adherence to the Job Plan provides:  A process to carry the study from inception to conclusion.  A convenient basis for maintaining a written record of the effort as it progresses.  A review of facts that may have been neglected in the creation of the original design or plan.  Schedule phases that can be planned, scheduled, budgeted, and assessed. TSSM'S BSCOER 10
  • 11. VALUE ENGINEERING PRINCIPALS  Value Engineering principles consist of key questions, techniques, and procedural tasks used in pursuing the objective of the VE Job Plan.  The objective is to achieve design excellence.  VE techniques are applicable throughout the formal VE study. These techniques are significant in the area of decision making and problem solving. TSSM'S BSCOER 11
  • 12. PRINCIPALS  Create Teamwork  Overcome Roadblocks  Promote Relationships TSSM'S BSCOER 12
  • 13. Phase Audit 13  Selection  Investigation  Presentation  Development  Evaluation (Judgment)  Implementation  Speculation (Creative
  • 14. Skills and techniques  The effectiveness of VE effort depends upon the amount of cooperation the Engineer receives from managers, engineers, designers, and other involved in the project. to help promote positive relations include: 1. Use a sensitive your approach 2. Be diplomatic resolving opposing viewpoints 3. Be tactful in questioning a design requirement or specification 4. Ask rather than demand 5. Suggest rather than criticizeTSSM'S BSCOER 14
  • 15. 6. Help rather than hinder 7. Show interest 8. Treat people honestly and fairly 9. Be consistent in expectations 10. Give credit to others 11. Show respect for team members 12. Be a good listener TSSM'S BSCOER 15 Skills and techniques
  • 16. The principle of QI is based on W. Edward Deming's 14 points for management as follows:  Create consistency of purpose to improve products and services  Adopt the new philosophy  Cease dependence on inspections to achieve quality  End the practice of awarding business on the basis of price tag alone and minimize the total cost of working with a single supplier  Improve constantly and forever every process for planning, production, and service  Institute training on the job  Adopt and institute leadership 16
  • 17.  Drive out fear  Break down barriers between staff areas  Eliminate slogans, exhortations, and targets for the work force  Eliminate numerical quotas for the work force and management  Eliminate the annual rating or merit system  Institute a vigorous program of education and self-improvement for everyone  Put everybody in the Department to work to accomplish the transformation TSSM'S BSCOER 17
  • 18. Road Types Type A motorways and dual-carriageway expressways. Type B rural primary roads - which are typically single-carriageway roads, often expressways and functionally important at a national and/or international level. Type C rural secondary roads, i.e. rural roads that are functionally less important than type B. Type D urban main roads - which are typically multi-lane facilities with high volumes and a diverse traffic mix Type E urban local roads, serving low traffic volumes. TSSM'S BSCOER 18