What Is FAST and What Makes It Unique?
Function Analysis System Technique (FAST). FAST is a unique, disciplined way of thinking, a methodology used to identify, depict, and analyze functions and function relationships with the objective of improving...
Value Engineering (VE) emerged from the industrial community during World War II when many critical materials were difficult, if not impossible, to obtain. This problem forced many manufacturers to use substitute materials and designs. The General El...
Value engineering can be applied at any stage of a project. It must, however, be borne in mind that greater benefits can be reaped when it is implemented in the earlier stages of the project. In the earlier stages of the project, there are fewer hard...
The formal approach for value engineering is often referred to as the job plan. The VE job plan comprises several phases. Generally, although there are possible variations, the following five form the essence of the job plan:
1. Information phase...
