Value Engineering: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Value Engineering

  • an activity which helps to design products which meet customer needs at the lowest cost while assuring the required standards of quality and reliability
  • the practice of designing a product or service so that it gives as much value as possible to the consumer. Value engineering analyses a developing product so that the focus is on those attributes that make the product appeal to the consumer over competing items and produce customer satisfaction. Value engineering also concentrates on eliminating costs that do not contribute to the creation of customer value.

Additional Resources

The Best Way To Find Engineering Jobs
Engineering generally involves the application of scientific principles for practical uses. The quintessential examples of engineering are the pulley, lever and the wheel. These simple principles have had far reaching impact on our lives and this is the role that engineering plays in our lives - it makes things easier....
Tags: Job, Engineering, Professional Development, Recruitment & Selection, Career, Human Resources, Workforce Management
White papers 2008-01-01
Engineering Degree
There are different types of engineering degrees - mechanical, electrical, and civil to name a few. This paper will help you with everything from choosing a program to financing your engineering education. For individuals with a strong affinity for math and science, an engineering degree is a perfect choice. The...
Tags: Engineering Degree, Engineers, Investment, Financial Accounting, Finance
White papers 2008-01-01
Online Engineering Bachelor Degree
A bachelors degree is the minimum requirement for entry-level engineering jobs. Most engineering degrees are granted in electrical, electronics, mechanical, or civil engineering. Many programs also include courses in general engineering. A design course, sometimes accompanied by a computer or laboratory class or both, is part of the curriculum of...
Tags: Engineering, Degree, DiscoveryArticles.com, Productivity, Recruitment & Selection, Human Resources, Workforce Management
White papers 2008-01-18
Value Engineering
This paper is about Value engineering Concept and definition and differentiation between Quantity Surveying and Value Engineering. Value Engineering is an organized approach to providing the necessary functions at the lowest cost. Value Engineering is an organized approach to the identification and elimination of unnecessary cost.
Tags: Engineering, Value Engineering
White papers
Why You Should Consider A Mechanical Engineering Degree
Before you invest the time necessary to earn a mechanical engineering degree, you should think about whether a mechanical engineering degree is right for you. Mechanical engineering is typically thought of as the broadest of the engineering disciplines. If you decide to complete a mechanical engineering degree, you will be...
Tags: Associated Content, Engineering Degree, Project Management, Tools & Techniques, Manufacturing, Strategy, It Operations, It service Management, Management
White papers 2007-02-23
Reengineering….
Re-engineering is the organizational change strategy wherein major modifications are effected in organizational systems and processes. Re-engineering helps in enhancing the efficiency and effectiveness of the organizational systems. The entities benefiting from re-engineering are the company, customers, and employees. Information Technology plays an important role in the re-engineering strategy. The...
Tags: Human Resources, Information Technology, Organizational Structure, Re-engineering
Presentations 2003-01-01
Univ. of New Orleans emphasizes engineering programs
The University of New Orleans College of Engineering is here to stay and will fill the void left by recent cuts to Tulane University's engineering program.UNO College of Engineering Dean Russ Trahan has been emphasizing that strategy ever since Tulane announced its decision to downsize its engineering program.Tulane has de-emphasized...
Tags: engineering, Tulane University
Research articles 2006-04-10
Sample Engineering Resume - 1
This template is useful for those who have academics in engineering and are looking for an employment in engineering field.
Tags: Engineering, LetterPremier.com
Tools & templates 2008-01-01
System Engineering Management
Project management involves systematic efforts and activities undertaken to take a project to fruition. An engineering organization is a project organization engaged in executing engineering projects. Resource allocation and delegation are crucial factors in the success of engineering projects. The paper discusses various issues involved with engineering organizations and discusses...
Tags: Washington State University, Engineering Organization, Corporate Governance, Organizational Structure, Project Management, Business Operations, Corporate Law, Human Resources, It Operations, It service Management
Presentations 2003-01-01
The Assessment of Research Quality in Engineering Disciplines
Engineering research involves the acquisition of new knowledge and its application in creating novel artifacts - devices, structures, procedures and processes. Engineering depends on technology transfer and hence the evaluation of the quality of academic engineering research requires, inter alia, consideration of the interface between original thought and its application....
Tags: Finance, Team Management, Engineering, Management, Strategy, Mergers & Acquisitions, Investment
White papers 2005-01-11
Jacobs Engineering Group Inc
Jacobs Engineering Group Inc received a general engineering services contract from the Port of Tacoma, Wash., to provide open-order roadway, railway and infrastructure engineering services to develop marine terminals along the Blair/Hylebos Peninsula.
Research articles 2007-12-01
QuEST, As Part Of CTQ Engineering, is Awarded Multi-Year Preferred Supplier Contract By GE Infrastructure
BANGALORE, India -- QuEST, a leading provider of engineering services, offering end-to-end product development and engineering solutions, today announced that GE Infrastructure has awarded one of two five-year Super Center contracts for Engineering Services to CTQ Engineering, a Joint Venture company formed between CDI, TK Engineering and QuEST.
Tags: General Electric Co., supplier
Research articles 2007-05-28
Impacts Of Globalization And Offshoring On Engineering Employment In The Personal Computing Industry
Globalization has changed the nature, organization, and location of engineering work in the personal computing industry. As a consequence, lower skill and lower paid engineering jobs that might have been created in the U.S. are instead being created overseas, while higher skill and higher paid jobs remain in the U.S....
Tags: Software/Web Development, Software Development, Personal Technology, Consumer Electronics, Management, Strategy, Development Tools, Tools & Techniques, Smart Phones, Globalization, Offshoring, Computing, Engineering, Industry, Software Engineering, U.S.
White papers 2006-12-06
Penn State first in bachelor's degrees
A report on engineering and technologies degrees by the American Association of Engineering Societies' Engineering Workforce Commission lists Penn State as the top university in number of bachelor's degrees in engineering granted during 1999-2000.
Research articles 2001-06-01
Jacobs Engineering Group Inc. Acquires Cpr Engineering, Inc
DE PERE, Wis.--BUSINESS WIRE--April 2, 1997--Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has acquired CPR Engineering, Inc., a firm specializing in the engineering of manufacturing and facilities for the pulp & paper industry. CPR is headquartered in De Pere, Wis. with an office in Escanaba, Mich.
Research articles 1997-04-02
Re-engineering: the Campbell way - interview with Campbell Soup Co. vice-president for engineering systems Carlos del Sol - includes related article - Interview
Carlos del Sol, vice president of engineering systems at Campbell Soup Co., dislikes the term "re-engineering." Most people confuse re-engineering with downsizing, according to del Sol. "The concept, as originally defined, is to rethink and redesign the engineering organization and the engineering process to fully leverage the limited resources, not...
Tags: Campbell Soup Co., re-engineering
Research articles 1996-04-01
ExxonMobil Redefines Engineering for Young Girls
Introduce a Girl to Engineering Day Event Breaks Myths; Encourages Girls to Engineering Careers and Opportunities
Tags: Engineering, Exxon Mobil Corp.
Research articles 2007-02-13
Hoku Scientific Announces TCS Engineering Contract for Hoku Materials' Polysilicon Plant
Hoku Materials, Inc., a wholly owned subsidiary of Hoku Scientific, Inc. (NASDAQ: HOKU), established to manufacture and sell polysilicon for the solar market, and Dynamic Engineering, Inc., a process technology and engineering firm, today announced that they have entered into an Engineering Services & Technology Transfer Agreement for Dynamic Engineering...
Tags: Tata Consultancy Services Ltd.
Research articles 2007-10-09
AdMob Hires Former Facebook Vice President of Engineering T.S. Ramakrishnan
World's Largest Mobile Advertising Marketplace Continues Its String of High-Profile Management Additions With the Hiring of a Seasoned Engineering Executive to Serve As VP of Engineering.
Tags: Engineering, Facebook
Research articles 2007-02-07
ExxonMobil Welcomes Students to Explore the Exciting Field of Engineering
"Introduction to Engineering Day" Highlights Opportunities for Boys and Girls Pursuing Professions in Engineering and Related Careers
Tags: Engineering, Exxon Mobil Corp.
Research articles 2008-02-11
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