Practical Approach for Value Engineering using Tools and Techniques

P. Arjunraj

Aug 2023 · Notion Press

About this ebook

This book on Value Engineering is an excellent tool for those who want to learn more about the practical aspects of Value Engineering. Value Engineering concept has become crucial in today’s highly competitive and globalized world, where companies and organizations are constantly striving to provide enhanced value to their customers. This can include redesigning, re-engineering, or eliminating certain aspects of the product or service to increase its value without comprising on its quality. Main focus of this book is the integration of Value Engineering Basic concepts and their application in today’s world. This book is structured such that the reader will easily guide through the practical process of Value engineering. This book 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 8 chapters, each focusing on specific topic:
1. Introduction to Function Analysis
2. Value Engineering Techniques
3. The Concept of Creativity
4. Lean tool and Value Stream Mapping
5. Value Engineering in Evaluation phase
6. FAST Overview
7. Application of Value Engineering in Avionics, Space shuttle and Satellite
8. FAST Model case studies

About the author

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 a Professional in Value Management (PVM) certified by the 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 is the Author of the book "Concepts of Value 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 has 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. Recipient of Distinguished Service in Industry 2021 award and Presidential Citation Honor 2023 award from SAVE International, USA.