Value Engineering : Concepts, Techniques and Applications

Contents: Preface. I. Concepts: 1. Introduction. 2. Value. 3. Function. 4. Cost. 5. Worth. II. Techniques: 6. General techniques. 7. Special techniques. III. Applications: 8. Team dynamics. 9. Job plan. 10. Applications. Appendix: fun with value engineering. Glossary. Bibliography. Index.

"Value Engineering is a systematic and organized procedural decision-making process, which is designed to ensure the maximum value for the client or the end consumer. At a time when success in business is critically dependent on the value attached to a product, this concept provides any enterprise with a result-driven framework for delivering better products and services at the lowest possible cost.

This book is a comprehensive and in-depth exposition of the basic concepts, techniques and applications of value engineering. Simple and jargon-free, it is divided into three parts. The first deals with the basic conceptual framework of value engineering and its key parameters. The author highlights its relevance in the Indian scenario.

The second part examines both general and special techniques specifically developed and applied to value engineering. The final part of the book critically discusses the application of the techniques discussed in the second part.

The discussion is peppered with short cases and the book itself is copiously illustrated to give the reader a holistic understanding of the concepts. The book will be indispensable to students, professionals and practitioners of value engineering, mechanical engineering, production management, and operations management. It will also be of interest to all those who wish to meet their customers\' increasing needs efficiently and at affordable costs." (jacket)