November 2015
Intermediate to advanced
192 pages
4h 46m
English
Content preview from Value Analysis and Engineering Reengineered
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8 • Value Analysis and Engineering Reengineered
is created through competitiveness that is driven by the innovation and
productivity of private enterprises. National wealth depends more on
knowledge than on natural resources. erefore, investing in people is
perhaps the single most important factor in economic growth.*
Having said that about the genesis and goals of VA/VE, let us now dene
the terminology. e simple denition of VA/VE is that it is the man-
agement technique that achieves the required function at the lowest cost
in resources. ree prominent professional associations specializing in
VA/VE, supply management, and operations ma ...
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