Value Engineering Lecture 11

Improving Details in Design  Most design involves modifications (improving details)  Modifications may include: Improving performance Reducing weight Lowering cost Enhancing appearance

Value Engineering Aim: To increase or maintain the value of a product to its purchaser whilst reducing its cost to its producer

Procedure 1.List the separate components of the product and identify the function served by each component. If possible, the actual product should be disassembled into its components; exploded diagrams and component-function charts are more useful than parts lists

Procedure (cont’d..) 2.Determine the values of the identified functions. These must be the values as perceived by customers. 3.Determine the costs of the components. These must be after fully finished and assembled.

Procedure (cont’d..) 4.Search for ways of reducing cost without reducing value or adding value without adding cost. A creative criticism is necessary, aimed at increasing value/cost ratio. 5.Evaluate alternatives and select improvements

Example 1 – Turbine Gears

Example 2 – Aircraft air valve

Example 3 - Pintle

Example 4 – Piston

Example 5 – Tabular heater

Tabular heater (cont’d..)

Example 6 – Electric motor

Example 7 - Torchlight