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INTEGRATED VALUE ENGINEERING - IMPLEMENTATION OF VALUE OPTIMIZATION POTENTIALS

INTEGRATED VALUE ENGINEERING - IMPLEMENTATION OF VALUE OPTIMIZATION POTENTIALS

Year: 2016

Section: DESIGN METHODS

Editor: Marjanovic Dorian, Storga Mario, Pavkovic Neven, Bojcetic Nenad, Skec Stanko

Author: Maisenbacher S., Fürtbauer D., Behncke F., Lindemann U.

Series: DESIGN

Section: DESIGN METHODS

Pages: 361-370

Abstract

The creation of valuable products requires high functionality and quality for low costs, which results in additional challenges in the design process of products. The relatively new approach of integrated value engineering uses matrices to combine target costing and value engineering in a structural model to deduce value optimization potentials. The objective of this publication is to support the implementation of these potentials and to allow a value optimization by a combination of either increasing the functionality for the customer or reducing the product's costs.

Keywords: integrated value engineering, cost management, value engineering, target costing, design for costs

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ds endorsed conferenceDESIGN 2016 - 14th International Design Conference

DESIGN 2016 - 14th International Design ConferenceThe DESIGN Conference programme offers broad exchange possibilities to researchers and practitioners, strategic decision makers, managers, design and engineering professionals, national or regional agencies or governmental bodies. The goal of DESIGN Conference is to bring together researchers and practitioners who have worked on or thought about engineering and industrial design from a variety of perspectives, disciplines, and fields: engineering, aesthetics, ergonomics, psychology, sociology...

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