Fundamentals of VAVE for Design Engineers- Practical Guide

The Concept of Value is critical for design engineering because designing things which are manufactured is an economical activity.  Designing systems with high value and low cost is the goal of product development activity.

This course attempts to introduce the concepts of "Design to Cost and not compromise function" which is called Value Engineering or VAVE (Value Analysis and Value Engineering) .

• Learn about the concepts of Value , how it relates to function and cost.

• What is the need for Value engineering and reasons for Poor value

• Using practical mechanical design examples, the course explains how Value Engineering can be applied

• How to create Function Analysis System Technique Diagrams systemically

• Understand difference between Cost and Worth

• What are the various phases in Value engineering study

• Go through detailed examples on how to Analyze functions , cost and Value in a systematic way

• How to Identify and name functions precisely

• Types of Functions and how to categorize Functions

• What is the Preparation and Information phase in VAVE study

• What is the Creative Phase , Development and Implementation Phase in VAVE study

The Motive of this course is to build familiarity with the concept of Value and showcase a frame work on how to analyze designs , break down the functions and then optimize the  designs for better value.

This course is by no means an exhaustive coverage on every aspect of VAVE , its meant to be a practical guide for Design engineers