Value Engineering Synergies with Lean Six Sigma

Chapter 2

The Value Engineering (VE) Methodology

The VE methodology, also referred to as the job plan, is divided into eight phases:

• Orientation

• Information

• Function Analysis

• Creative

• Evaluation

• Development

• Presentation

• Implementation

The following sections describe each phase and its purpose. Figure 2.1 graphically depicts the phases and the principal steps within the job plan. The application of the methodology to a problem is often referred to as a value study. Except for the Orientation and Implementation phases, the value study typically occurs in a workshop setting.

A. Orientation Phase

The Orientation phase refines the problem statement and prepares for the workshop. The value study and workshop have a greater likelihood of success ...