This presentation is about Value Engineering and contains:
1.History of VE
2.Value Concept
3.What is Value Engineering?
4.Implementation of VE in our project
5.Principle and Purpose of VE
6.Case Study
7.Conclusion
Value Management concentrates on the actual needs of the user to focus its resources. It is different to cost-cutting exercises, which achieve economies by using less or cheaper materials.
The Value Management approach involves the use of creative techniques, combined with the latest technical information on materials and construction methods.
Value Management concentrates on the actual needs of the user to focus its resources. It is different to cost-cutting exercises, which achieve economies by using less or cheaper materials.
The Value Management approach involves the use of creative techniques, combined with the latest technical information on materials and construction methods.
Value Engineering is a technique for determining the manufacturing requirements of a
product/service; it is concerned with its evaluation and finally the selection of less costly
conditions. VE is a process for achieving the optimal result in a way that quality, safety, reliability
and convertibility of every monetary unit are improved.
Here theory of Value Engineering along with case study of UTM is presented.
Practical Application of Value Engineering in Capital ProjectsPMA Consultants
One of the significant challenges owners, designers, and contractors face is the proper application of value engineering on their projects. This presentation provides an overview of the value engineering job plan, function analysis system technique and discusses a case study so participants can apply value engineering to their projects.
A Framework for Synergy, Collaboration, Exploration, Creativity, Discovery & Innovation. A Team activity to balance need, function & cost.
bsauter@workbench20.com
www.workbench20.com
Value Analysis and Value Engineering -Function & Evaluation of FunctionJayaprakash Manickaraj
VAVE is a wide topic and i tried to go depth in understanding function and evaluating it. Most of the topic extracted from L.D Miles Book 'Techniques of value Analysis and Engineering
Value Engineering is a technique for determining the manufacturing requirements of a
product/service; it is concerned with its evaluation and finally the selection of less costly
conditions. VE is a process for achieving the optimal result in a way that quality, safety, reliability
and convertibility of every monetary unit are improved.
Here theory of Value Engineering along with case study of UTM is presented.
Practical Application of Value Engineering in Capital ProjectsPMA Consultants
One of the significant challenges owners, designers, and contractors face is the proper application of value engineering on their projects. This presentation provides an overview of the value engineering job plan, function analysis system technique and discusses a case study so participants can apply value engineering to their projects.
A Framework for Synergy, Collaboration, Exploration, Creativity, Discovery & Innovation. A Team activity to balance need, function & cost.
bsauter@workbench20.com
www.workbench20.com
Value Analysis and Value Engineering -Function & Evaluation of FunctionJayaprakash Manickaraj
VAVE is a wide topic and i tried to go depth in understanding function and evaluating it. Most of the topic extracted from L.D Miles Book 'Techniques of value Analysis and Engineering
There are several ways in which depreciation can be calculated but the most common is called the straight-line method. In this presentation we discuss the methodology in some detail.
You need to reduce cost in your organization significantly and in a sustainable manner?
Try our proven approach to reduce cost sustainably across the entire product lifecycle, the end to end value chain and including savings that consider planet and people as well.
FAST stands for “FUNCTIONAL ANALYSIS SYSTEMS TECHNIQUE”
The FAST technique has long been used in Value Engineering to analyze costs. Function Analysis System Technique (FAST) is a tool that has mainstay of the value management profession since its introduction In 1965.
Cost Reduction Strategies:Focus and TechniquesThomas Tanel
This is a highly concentrated presentation that addresses the differences among price, cost, and TCO; what cost reduction strategies to focus on; and an overview of various techniques, as well as when and where to use them. Faced with excruciating competitive pressures, many senior C-Level executives require maximum effort from every part of their organization to survive. Today, purchasing, acquisition, procurement, contracting, and supply management professionals must be the most progressive cost reduction oriented group in the company.
For many organizations, senior C-Level executives set forth annual purchasing, acquisition, procurement, contracting, and supply management goals that mandate cost reductions. Regardless of the cost savings, avoidances, or containments achieved previously, you are faced with new cost reduction initiatives and objectives.
To make the goal of cost reduction a reality, we cannot focus solely on the price. We must examine the total cost of ownership to your organization, which means moving beyond the organizational environs to include suppliers, internal customers, other allied business functional entities, and external customers. By working both internally and externally with these stakeholders, cost reduction opportunities will become visible.
A typical purchasing, acquisition, procurement, contracting, or supply management professional will help reduce supplier prices and avoid incremental costs. A good purchasing, acquisition, procurement, contracting, or supply management professional will reduce costs by lowering both costs of acquisition and risks of supply. A great purchasing, acquisition, procurement, contracting, or supply management professional will reduce total costs across the board, increase service levels to the internal customer, make a significant contribution to the bottom line, seek value-added opportunities, and help to delight the organization’s customer. This type of professional also balances supply related costs and cycle time for the lowest overall cost, at the best value, while seeking risk optimization rather than risk minimization strategies.
This presentation is about Value Engineering and contains:
1.History of VE
2.Value Concept
3.What is Value Engineering?
4.Implementation of VE in our project
5.Principle and Purpose of VE
6.Case Study
7.Conclusion
This Presentation Is About Value Engineering & It Covers Following Topics ;
1. Concept Of Value Engineering
2. History Of Value Engineering
3. Aims/Purposes/Objectives Of Value Engineering
4. Steps/Phases/Procedures Of Value Engineering
Vaccine management system project report documentation..pdfKamal Acharya
The Division of Vaccine and Immunization is facing increasing difficulty monitoring vaccines and other commodities distribution once they have been distributed from the national stores. With the introduction of new vaccines, more challenges have been anticipated with this additions posing serious threat to the already over strained vaccine supply chain system in Kenya.
Immunizing Image Classifiers Against Localized Adversary Attacksgerogepatton
This paper addresses the vulnerability of deep learning models, particularly convolutional neural networks
(CNN)s, to adversarial attacks and presents a proactive training technique designed to counter them. We
introduce a novel volumization algorithm, which transforms 2D images into 3D volumetric representations.
When combined with 3D convolution and deep curriculum learning optimization (CLO), itsignificantly improves
the immunity of models against localized universal attacks by up to 40%. We evaluate our proposed approach
using contemporary CNN architectures and the modified Canadian Institute for Advanced Research (CIFAR-10
and CIFAR-100) and ImageNet Large Scale Visual Recognition Challenge (ILSVRC12) datasets, showcasing
accuracy improvements over previous techniques. The results indicate that the combination of the volumetric
input and curriculum learning holds significant promise for mitigating adversarial attacks without necessitating
adversary training.
Overview of the fundamental roles in Hydropower generation and the components involved in wider Electrical Engineering.
This paper presents the design and construction of hydroelectric dams from the hydrologist’s survey of the valley before construction, all aspects and involved disciplines, fluid dynamics, structural engineering, generation and mains frequency regulation to the very transmission of power through the network in the United Kingdom.
Author: Robbie Edward Sayers
Collaborators and co editors: Charlie Sims and Connor Healey.
(C) 2024 Robbie E. Sayers
Quality defects in TMT Bars, Possible causes and Potential Solutions.PrashantGoswami42
Maintaining high-quality standards in the production of TMT bars is crucial for ensuring structural integrity in construction. Addressing common defects through careful monitoring, standardized processes, and advanced technology can significantly improve the quality of TMT bars. Continuous training and adherence to quality control measures will also play a pivotal role in minimizing these defects.
TECHNICAL TRAINING MANUAL GENERAL FAMILIARIZATION COURSEDuvanRamosGarzon1
AIRCRAFT GENERAL
The Single Aisle is the most advanced family aircraft in service today, with fly-by-wire flight controls.
The A318, A319, A320 and A321 are twin-engine subsonic medium range aircraft.
The family offers a choice of engines
Automobile Management System Project Report.pdfKamal Acharya
The proposed project is developed to manage the automobile in the automobile dealer company. The main module in this project is login, automobile management, customer management, sales, complaints and reports. The first module is the login. The automobile showroom owner should login to the project for usage. The username and password are verified and if it is correct, next form opens. If the username and password are not correct, it shows the error message.
When a customer search for a automobile, if the automobile is available, they will be taken to a page that shows the details of the automobile including automobile name, automobile ID, quantity, price etc. “Automobile Management System” is useful for maintaining automobiles, customers effectively and hence helps for establishing good relation between customer and automobile organization. It contains various customized modules for effectively maintaining automobiles and stock information accurately and safely.
When the automobile is sold to the customer, stock will be reduced automatically. When a new purchase is made, stock will be increased automatically. While selecting automobiles for sale, the proposed software will automatically check for total number of available stock of that particular item, if the total stock of that particular item is less than 5, software will notify the user to purchase the particular item.
Also when the user tries to sale items which are not in stock, the system will prompt the user that the stock is not enough. Customers of this system can search for a automobile; can purchase a automobile easily by selecting fast. On the other hand the stock of automobiles can be maintained perfectly by the automobile shop manager overcoming the drawbacks of existing system.
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptxR&R Consult
CFD analysis is incredibly effective at solving mysteries and improving the performance of complex systems!
Here's a great example: At a large natural gas-fired power plant, where they use waste heat to generate steam and energy, they were puzzled that their boiler wasn't producing as much steam as expected.
R&R and Tetra Engineering Group Inc. were asked to solve the issue with reduced steam production.
An inspection had shown that a significant amount of hot flue gas was bypassing the boiler tubes, where the heat was supposed to be transferred.
R&R Consult conducted a CFD analysis, which revealed that 6.3% of the flue gas was bypassing the boiler tubes without transferring heat. The analysis also showed that the flue gas was instead being directed along the sides of the boiler and between the modules that were supposed to capture the heat. This was the cause of the reduced performance.
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It is always satisfying when we can help solve complex challenges like this. Do your systems also need a check-up or optimization? Give us a call!
Work done in cooperation with James Malloy and David Moelling from Tetra Engineering.
More examples of our work https://www.r-r-consult.dk/en/cases-en/
Final project report on grocery store management system..pdfKamal Acharya
In today’s fast-changing business environment, it’s extremely important to be able to respond to client needs in the most effective and timely manner. If your customers wish to see your business online and have instant access to your products or services.
Online Grocery Store is an e-commerce website, which retails various grocery products. This project allows viewing various products available enables registered users to purchase desired products instantly using Paytm, UPI payment processor (Instant Pay) and also can place order by using Cash on Delivery (Pay Later) option. This project provides an easy access to Administrators and Managers to view orders placed using Pay Later and Instant Pay options.
In order to develop an e-commerce website, a number of Technologies must be studied and understood. These include multi-tiered architecture, server and client-side scripting techniques, implementation technologies, programming language (such as PHP, HTML, CSS, JavaScript) and MySQL relational databases. This is a project with the objective to develop a basic website where a consumer is provided with a shopping cart website and also to know about the technologies used to develop such a website.
This document will discuss each of the underlying technologies to create and implement an e- commerce website.
1. Value Engineering
Created by:
Farzad Vasheghani Farahani
Fall 2014 / Amir Kabir University of Technology
2. History
Value Concept
What is Value Engineering?
Implementation of VE in our project
Principle and Purpose of VE
Case Study
Conclusion
Outline
3. Lawrence D.Miles
1904 - 1985
History
• Shortage of materials during world war II
• General Electric company found that many of the substitutes
have better or equal performance at less cost.
• Lawrence De Miles Launched an effort to make the concept
systematic
• Establishment of Society of American Value Engineers “SAVE”
in 1959
4. What is Value?
• Value is the lowest price you must pay to provide a reliable
function or service (L. D. Miles)
• “The ratio of Function to Cost”
Value =
Worth
Cost
=
Function(Utility)
Cost
5. Waste Cost
Why do Projects have “Unnecessary” Costs?
1. Low Time for Designing
2. Lack of information
3. Lack of Ideas
4. Negative Prejudice
5. Lack Of Experience
6. Weaknesses in human relations
7. Multi Concept
…
7. What is Value Engineering?
• Value Engineering (VE, or Value Analysis) is a management
technique that seeks the best functional balance between cost ,
reliability and performance of a product, project, process or
service.
9. The Job Plan
Value engineering is often done by systematically following
a multi-stage job plan. Larry Miles' original system was a
six-step procedure which he called the "value analysis job
plan."
10. The Job Plan
The modern version has the following eight steps:
1. Orientation
2. Information
3. Functional
4. Creative
5. Evaluation
6. Development
7. Presentation
8. Implementation and Follow-up
11. The Job Plan
1. Orientation Phase
Identify issues
Prioritize Issues
Drafts scopes and objective
Establish evaluation factors
Determine Study Team
Collect Data
Prepare for value study
...
12. The Job Plan
2. Information Phase
Further familiarization of the project by the team; all team
members participate in determine the true needs of the project.
Areas of high cost or low worth are identified.
13. The Job Plan
3. Functional Phase
Functional analysis outlines the basic function of a product
using a verb and a noun such as ‘boil water’ as in the case of
our kettle.
What is the Function?
“ Boil Water ”
Verb Noun
14. The Job Plan
4. Creative Phase
This step requires a certain amount of creative thinking by the
team. A technique that is useful for this type of analysis is
brainstorming. This stage is concerned with developing
alternative.
15. The Job Plan
5. Evaluation Phase
In this phase of the workshop, the VA team
judges the ideas developed during the creative
phase.
The VA team ranks the ideas.
Ideas found to be irrelevant or not worthy of
additional study are disregarded.
Those ideas that represent the greatest potential
for cost savings and improvements are selected
for development.
16. The Job Plan
6. Development Phase
The team develops the selected ideas into
alternatives (or proposals) with a sufficient
level of documentation to allow decision
makers to determine if the alternative should
be implemented.
17. The Job Plan
7. Presentation Phase
1. The presentation phase is actually
presenting the best alternative (or
alternatives) to those who have the
authority to implement the proposed
solutions that are acceptable.
18. The Job Plan
8. Implementation And Follow Up
1. Develop an implementation plan
2. Execute the plan
3. Monitor the plan to completion
Objective: During the implementation and follow-up phase,
management must assure that approved recommendations are
converted into actions.
20. Potential Saving From VE
Early changes are naturally less expensive than later ones,
as shown in the diagram below.
21. Principles
Value Engineering principles:
Systematic method for evaluating product performance
and value
The use of multi-functional teams
Focus on a simplified product
1
2
3
23. Case Study
Introduce the Product
• In this presentation we have considered a medical instrument
manufacturing company, Aadarsh Instruments, located in Ambala.
• This firm is producing different types of microscopes which they
export to various countries around the globe.
• One of their model SL250 have a component named Focus
Adjustment Knob for Slit Lamp in microscope. This microscope has
found application in the field of eye inspection.
24. Case Study
The steps used for this purpose are as follows:
1. Product selection plan
2. Gather information of product
3. Functional analysis
4. Creativity Worksheet
5. Evaluation sheet
6. Cost analysis
7. Result
25. Case Study
1. Plan For Product Selection
• This Product is used to adjust the focus of lens for magnification
purpose.
• The present specifications of this part and its material used are
costlier than the average industry cost.
• Value of this product can be increased by maintaining its functions
and reducing its cost or keeping the cost constant and increasing
the functionality of the product.
26. 2. Obtain Product Information
i. Material – Aluminum Bronze Alloy
ii. Diameter of base plate –30 mm
iii. Thickness of plate--3 mm
iv. Cost of the scrap is – 293 rupee/Kg
v. Pieces Produced annually – 8000
vi. Process used – C.N.C. indexing milling
vii. Cycle time—2.5 min
viii. Anodizing—2/min
ix. Material cost—65 gm
x. Total Present cost – 29.99 rupee /piece
*{1$=56 rupee}*
Case Study
27. Case Study
3. Functional Analysis of Present Functions
28. Case Study
4. Develop Alternate Design Or Methods
During brainstorming these ideas were listed:
i. Change design
ii. Change material
iii. Use plastic
iv. Make it lighter
v. Change the production process
vi. Use nylon indexing unit
29. Case Study
5. Evaluation Phase
For judging the ideas, the following designs were considered:
A. Function
B. Cost
C. Maintainability
D. Quality
E. Space
each of the above criteria was compared with others , and depending on
their relative importance, three categories were formed, major, medium,
and minor.
31. Case Study
From the paired comparison we get the following result:
The above ideas were discussed and the best feasible ideas
were separated which were:
a) Change the material to steel
b) Use Nylon unit
c) Use existing material
33. 7. Result
The total savings after the implementation of value engineering
are given below:
• Cost before analysis – 29.99 rupee
• Total Cost of nylon knob – 18.40 rupee
• Saving per product – 11.59 rupee
• Percentage saving per product – 38.64 %
• Annual Demand of the product – 8000
• Total Annual Saving – 92,720 rupee
• Value Improvement - 62.98 %
Case Study
34. Conclusion
Three goals that we're looking at value engineering:
1. Identify additional functions that aren’t
attractive to customers.
2. Add attractive functions for customers.
3. Saving because of the elimination of
redundant functions.