1. Global strategies
  2. Applying value analysis

Applying value analysis

  • Using technique of value control
  • Value engineering

Description

Value is here conceived to be the lowest price that must be paid to provide a reliable function or service. Using the technique sensitizes planners and developers to achieve the absolute minimum cost compatible with functional requirements (through constant focus on questions such as: what is it ? what does it do ? what does it cost ? what is it worth ? what else will perform the same function ? what does that cost ?). Considerable cost savings may be achieved.

Broader

Narrower

Facilitates

Policymaking
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Value

Value
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Self-control
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SDG

Sustainable Development Goal #9: Industry, Innovation and InfrastructureSustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
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 Yet to rate
Language
English
Last update
Dec 3, 2024