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Module 2

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19 views17 pages

Module 2

Uploaded by

paraganantkulkarni
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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M.

TECH- CM

Value Analysis

MODULE 2
Module 2:

Introduction:
 Value Analysis Definition

 10 commandments & Principles.

 Job plan

 Its application to determine right

problem
Value Analysis
 Value Analysis” is the application of a set of
techniques to an existing product with a view
to improve its value.
 Thus, it is remedial process.
 “Value Engineering” is the application of
exactly the same set of techniques to a new
product at the design stage project concept
or preliminary design when no hardware
exists to ensure that bad features not added.
 Thus, it is a ‘preventive’ measure.
Value Analysis
 Value Analysis (VA) is concerned with existing products.
 It involves a current product being analyzed and evaluated
by a team, to reduce costs, improve product function or
both.
 Value Analysis exercises use a plan which step-by-step,
methodically evaluates the product in a range of areas.
 These include costs, function, alternative components and
design aspects such as ease of manufacture and assembly.
 A significant part of VA is a technique called Functional
Analysis, where the product is broken down and reviewed as
a number of assemblies. Here, the function is identified and
defined for each product assembly.
 Costs are also assigned to each one. This is assisted by
designing and viewing products as assemblies (or modules).
10 commandments & Principles

 Do not use a component or part that does not contribute to the value of the
product.
 Do not use a component or part whose cost is not proportional to its
usefulness.
 3. Do not provide any features to the component or finished product that are
not absolutely necessary.
 4. Accept the change if part of the required quality can be made out of
cheaper and easily available material.
 5. If the part of required quality is made by a process or method costing less,
then do use the alternative process or method.
 6. Use standard parts wherever possible.
 7. Use proper tooling and manufacturing methods taking into consideration the
quantities,
 8. The cost of the component used should be proportional to its use or
function.
 9. Use the material, part best suited for the purpose.
 10. Purchase the part instead of manufacturing in house, if suitable supplier
can provide the part of good quality at the reasonable price
2 3
1 4
TEAM JOB PLAN
APPLICABILITY REPORTIN
G
Job plan
 Information
 Function Analysis
 Creative
 Evaluation
 Development
 Presentation
 Resolution
Information
 To determine user needs
 To gather and tabulate information

concerning the item as presently


designed
 To build team knowledge and

understanding of the project


 To completely understand the specific

use of function requirements of the item


 To visit the site (preferable)

 Process continues throughout remainder

of the study
 Get all the facts from the best possible
sources (e.g. design team)
 Develop cost models
 Determine and evaluate the

function(s) of the present design


 Prepare a FAST diagram
 Identify & define project Performance

Criteria
 Develop project Performance Ratings
 Determine present design objectives &

constraints
 What does the customer want?
Function Analysis
 Purpose: Understand the project from a functional
perspective; what must the project do, rather than
how the project is currently conceived.
 FAST- Function Analysis System Diagram
 Function is that which makes a product, process or
project work or sell.
 All cost is for function.
 Primary functions posses value and are required to
make a product work or sell.
 Secondary functions have no value and are present
due to the current design of the product.
 That characteristic that makes a product or service
have value
 Determine by considering the user’s actual needs
The Purpose of a FAST
Diagram is
 Show specific relationships of all
functions with respect to each other
 Deepen the understanding of the
problem to be solved
 Promote discussion and information
gathering – team building
 Support the process of creativity
FAST Diagrams

HOW? WHY?
Design “All The Time”
Objective Function

Higher Order Primary Secondary Secondary Assumed


Function Function Function Function Function WHEN?
Required
Secondary
Function
Creative
 Criticism/evaluation is prohibited (at this
time)
 Free-wheeling is welcomed and
encouraged – be uninhibited and think as a
child
 Be spontaneous – rapid fire ‘gut feels’
 Quantity is desired over quality – cover the
walls
 Combine and add to ideas
 Build upon another person’s ideas
 How do others solve similar problems
 Record all ideas
Evaluation
 To evaluate, criticize, and rank alternatives
 Identify advantages and disadvantages as compared
to the baseline project
 Which alternatives offer the best combination of:
 Design-ability
 Construct-ability
 Operational ease
 Quality assurance
 Customer satisfaction
 And… low life-cycle cost

 To develop alternatives that offer the greatest


increase in value
Development
 To select the best alternative(s)
 To develop complete written and oral proposals
 Recommend specifics, not generalities
 Make sure your report describes the
disadvantages as well as the advantages
 Gather convincing facts
 Assure technical adequacy
 Spend your client’s money as you would your
own
 Complete order-of-magnitude cost estimate
w/LCC
 Prepare Proposal
 Finalize FAST diagram for proposal
Presentation
 To present value engineering
study proposal(s) to the decision
makers/stake holders
 To obtain approval/support

 To enhance potential

implementation
Resolution
 It is final outcome of value Analysis
 The decision approved by the expert
team including customers and other
stake holders

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