Value Analysis / Value Engineering Basics

About the session

The goal of this session is to learn basics of value analysis and value engineering. In the session more focus will be on function approach of problem solving using FAST diagram. There will be techniques of not only idea generation but also how to evaluate those ideas will be explained.

Why to take this course?

This course will help the engineers to understand the problems with function approach in a better way. It will help them to expand the creative thinking and make them to learn the methodology to be followed to generate new ideas/patents in their ongoing assignments.

This course will cover the following topics

• Introduction to frugal engineering

• Pre workshop phase

• VE job plan

• Function phase

• Creative Phase

• Evaluation phase

• Development and presentation phase

• Post workshop phase

• Workshop examples/Case study

Who this course is for?

• Aspiring students from engineering fields

• Working engineers and project mangers