This presentation, "Understanding Value Engineering: From Fundamentals to Practice," provides a complete and practical introduction to Value Engineering (VE). It is designed for professionals who want to understand how VE can improve performance, reduce cost, and increase value across products, services, and processes.
The material begins with the basics—what Value Engineering is, why it matters, and how it differs from cost-cutting. It then explains the VE Job Plan step-by-step, including the Information, Function Analysis, Creative, Evaluation, Development, and Presentation phases.
A major part of this presentation focuses on Function Analysis, the core of VE. It demonstrates how to define functions properly using the Verb–Noun method, how to differentiate basic and secondary functions, and how to assign cost to functions. The presentation includes multiple examples and ready-to-use FAST diagrams, such as analyses of a printer and a microwave, to show how functional thinking leads to innovative solutions.
Finally, the deck includes real practice examples from everyday processes and products, showing how VE techniques can be applied in real projects to deliver measurable value improvements.
This presentation is ideal for:
Engineers
Project and operations managers
Quality professionals
Product development teams
Anyone interested in structured value improvement
It is fully editable and designed for training sessions, workshops, and professional development programs.
What This Presentation Covers
1. Introduction to Value Engineering
What is Value Engineering?
History and development of VE
Difference between Value Engineering (VE), Value Analysis (VA), and Cost Reduction
Why VE matters for organizations today
2. Core VE Methodologies
The Job Plan explained
Information Phase
Function Analysis Phase
Creative Phase
Evaluation Phase
Development Phase
Presentation Phase
Benefits and strategic impact of VE
3. Function Analysis (FA) – The Heart of VE
What is a "function" and how to define it
FAST rules (Verb–Noun format, hierarchy, logic flow)
Types of functions: Basic vs. Secondary
How to assign cost to functions
How function analysis leads to better solutions
4. Practical Function Analysis Examples
Printer Example:
Breaking down functions such as Print Paper, Transfer Ink, Move Sheet, linking them in a FAST diagram
Microwave Example:
Functions like Heat Food, Generate Waves, Rotate Plate, showing the functional logic clearly
Each example includes:
Function definition
FAST diagram
Cost allocation by function
Opportunities for value improvement
📌 Real-Life VE Practice Examples
Simple case studies showing how VE is applied in:
Manufacturing
Office processes
Product design
Service operations
Each case demonstrates:
Problem situation
Functional review
Proposed alternatives
Value improvement results
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Source: Best Practices in Arabic PDF: Value Engineering from Beginning to Practice (Arabic) PDF (PDF) Document, Alaa Mohamed
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