Concepts of Value Engineering

P. Arjunraj

Aug. 2022 · Notion Press

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This book is an introductory value engineering course in easy explanation for all students and professionals. The scope, sequence and depth of the concepts are designed to match the typical value engineering and value analysis course syllabus. It includes interesting
features that help understand connections between scientific concepts and the everyday world.
The book conveys the major themes of VE
such as value analysis, value methodology, value management and FAST analysis, and features vast examples and case studies to understand better. The main focus of this book is to integrate the basic concepts of value engineering and their application in today’s world. It also presents some of the case studies and FAST models of the products of the modern world which are being used in the present times. The book is composed of 5 modules, each focusing on a specific topic:
1. Value analysis
2. Value engineering
3. Functional analysis
4. FAST modeling
5. Applications of VE/VA
Aspiring and active practitioners will benefit from the case studies of FAST diagrams, which is one of the main substances of the book. Students will gain useful insights into the concepts, processes and steps by referring to this book, thus completing the academic foundation for value engineering.

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P. Arjunraj is a Value engineering, Value analysis and value management specialist and expert. He is a Certified Value Specialist (CVS) certified by SAVE International, USA and Professional in Value Management (PVM) certified by European Value Management certification and training board. He is a B.E in Mechanical Engineering and M.E in Automobile Engineering, M.B.A in Operations Management and currently pursuing Ph.D. in Automobile Engineering. He has authored many research papers in national and international journals and presented in international conferences in countries like, India, Germany, Hungary, Korea and Canada. P. Arjunraj is a motivational and technical speaker and the resource person for workshops, training, seminars, guest lectures in companies, and academic Institutions related to Value Engineering, Operation Research, TQM, and technologies such as Manufacturing, Emission Control, Electric vehicles, Quality, Automation, Product Design and Management Subjects. He has given guidance to more than 2 Lakhs college students across India. P. Arjunraj has a YouTube channel namely Arjunraj P dedicated to engineering and technological topics with easy explanations. P. Arjunraj has given awareness to numerous professionals to achieve the concept of Make in India through VE/VA. He have received many awards for his outstanding contribution to VE/VA field, such as the gold medal in 2015 and 2019 by the Indian Value Engineering Society. Awarded Distinguished Service in Industry 2021 by SAVE International USA.