MValue Management Facilitaton, Training, Coaching & Consulting

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* Our Value Management/VE Methodology is recognised globally (case studies) and we have coached our clients to deliver Significant Project Improvement Results. * Value Management (VE) is a systematic team approach used to analyze and improve value in a product, facility, system or service. * VM focuses on the functions of the "thing" in question. * The VM/VE Society, SAVE International, supports the Value Engineering Standard.
Link to : Major Project Value Management
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  • In VM you first convert your product or process into a number of word-pairs called Functions. If you ask, when considering a product, equipment or process, What does it do? The answer should be given in a series of two-word sentences – an "Active Verb" followed by a "Measureable Noun" - such as "Separate Fluids." The remainder of the study then concentrates on the word-pairs ... rather than on the current equipment or process in the design. We call this Function Analysis.
  • By concentrating our creativity on these two-word Functions, the VM/VE team greatly minimizes “functional fixedness.” For example, you can be more creative when tackling a problem defined in terms of "Separate Fluids" than a problem/opportunity defined in terms of “Make a better Coalescer."
  • The team gains a more creative focus. They no longer focus primarily on the mechanical explanation of the product, but instead focuses on what the product/equipment does for the customer. The team can capture the essence of a complex product or process using these unambiguous statements in a graphic. This is called a Function Diagram or "FAST Diagram" and is used to guide creativity.
  • An example simple Drilling FAST Diagram is shown BELOW.
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