Question

Write about “Value Engineering”

Answer 1

Value Engineering:-it is an systematic application in which ther will be some of function-oriented techniquescarried over by multiskill team to improve there services and anlayze there products as well as process

why we use Virtual Engineering :

1) one can improve there construction part

2) one can improve there project schedules

3) one can reduce thre project costs as well as operation costs

4) they can resolve all the stakeholder issues

5) they can mitigate risks by themselves

How is virtual engineering done :

there is total of 10 steps in VE job is done

initially there will be one project selection

then to do that project we will be having team selection

those team will gather information which we called information phase

they will check the functions of it which we called function analysis

this VE team will be much more creative in that

the team will study its performance evaluation

the team will then decide how to develop

then they go for presentation

after the post study they will do implementation

finally report results

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