Abstract
Value engineering (VE) has been widely practiced in government and the design, construction, and manufacturing industries for decades and becomes a compulsory part in the development of many projects. However, several problems hinder the wider use of VE practices and many evidences indicate the overall public opinion on VE is highly controversial. The writers conducted several real case studies to identify weaknesses of existing VE practices. After identifying the desired features, a new methodology for improved VE practices is presented which integrates the knowledge management system, theory of inventive problem-solving, widely used techniques for dealing with complex decisions and a prompt and succinct performance measurement methodology. Our work attempts to overcome shortcomings of traditional VE practices and make it more efficient, more measurable, and more recognized.
| Original language | English |
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| Publication status | Published - 2010 |
| Event | 2010 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING (MSE 2010), VOL 2 - Duration: 1 Jan 2010 → 1 Jan 2010 |
Conference
| Conference | 2010 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING (MSE 2010), VOL 2 |
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| Period | 1/01/10 → 1/01/10 |
ISBNs
['978-988-18242-7-1']Keywords
- Knowledge management
- Methodology
- Performance measurement
- TRIZ
- Value engineering