Value Engineering procedures
From: David Heimann (heimannworld.std.com)
Date: Wed, 9 Jul 2003 21:05:09 -0600 (MDT)

Hello All,

        We are about to carry out value engineering in our development
process.  In value engineering one takes a list of items we thought would
be in our design and either cut out a number of them or let the price of
our units go up.  It generally happens because even in the best-planned
budgets costs generally come in higher than anticipated once all the
contracts have been bid.

        Having defined value engineering, I'm interested in insights from
those who have gone through it.  What process did you use to carry it out?
Did it work for you?  Would you do it the same or differently this time,
and if differently how?

You can reply either to me or the list.  Thank you for your thoughts and
experiences!

Regards,
David



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