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SL 1 in Value Engineering

SL 1 in Value Engineering

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SL 1 in Value Engineering

Module Objectives

The module will help you to:

2. State purpose and advantage of VE

3. Define VE, function and identify functions of a given component

4. Define FAST, construct a FAST diagram and create a cost table

5. Define creativity & list concepts of VE & identify the VE concept

applied in a particular case

6. Briefly narrate the history of VE

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SL 1 in Value Engineering

Module Outline
SL 1 in Value
Engineering

1. Overview of Value Engineering

2. Value Engineering, Function

3. FAST diagram, Cost Table

4. Concepts of VE

5. History of VE

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SL 1 in Value Engineering

Welcome to the court of Emperor

Jalaluddin Muhammad Akbar

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SL 1 in Value Engineering

The raw material


Noble men! There
price is shooting up.
is a very I want to handle
The material cost of
important matter this situation
a sword has gone up
before the court without
by Rs.10 . And ….
today. increasing the
We are adding
50,000 soldiers to taxes. Please
our army this year. give your
valuable
suggestions as
to how we
should face this
situation.

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SL 1 in Value Engineering

Why everyone’s
Your Majesty, I quiet?
have six ideas Birbal! I am
which can reduce surprised that you
the cost of a too have become
sword by atleast silent!!
Rs.20 without Brilliant!.
compromising the Tell us those
functional ?? ideas.
!!
requirements.
!?

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SL 1 in Value Engineering

Part Count
Reduction

Presently,
the hilt has
7 parts.
The
proposed
design will
have 4 .

Existing Design New Idea

7 parts 4 parts

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SL 1 in Value Engineering

Part
Commonisatio
n
For the new hilt,
instead of designing
exclusive rivets, we
can use the rivets of
daggers.

x
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SL 1 in Value Engineering

Benchmarking
When the Shah of
Persia was our Guest
last month ,
I observed that the
hilt in his sword does
not have a curved
portion. We can
design similar hilts
for our experienced
soldiers.

Existing Design New Idea

Curved portion
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SL 1 in Value Engineering

Alternate
The sheath Material
which houses
the blade is
made of copper
now.
We can switch
over to Alloy
steel which is
cheaper.
Copper Steel

Sheath

Blade

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SL 1 in Value Engineering

Weight
Since alloy steel is Reduction
stronger than
copper, we can
reduce the
thickness by 0.5
mm which will save
material

2 mm 1.5 mm

Sheath

Blade

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SL 1 in Value Engineering

Yield
The curved Improvement
blade design is
yielding only 2
pieces per die. If
a straight blade
is designed, we
can extract 3
pieces per die.

2 Blades 3 Blades

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SL 1 in Value Engineering

There is an
advantage also.
I do not have to
Saheb, there is no
increase the tax.
doubt that the
present sword
designed by you for Your majesty. The
my Grandfather’s present design is being
army is superior. used since the time of
However, let us test Babur
this new design in without any failure.
our barracks.If they We should not risk any
pass the tests, we design change.
will deploy them in If the ideas pass
the battle field. the test, we can
save atleast Rs.
Ten Lakhs this
year, thus serving
the purpose of
cost reduction.

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SL 1 in Value Engineering

Birbal! I wonder If six ideas for the


Yes, your Majesty.how you
sword itself can
With the help of Functional Analysis
developed these save Rs. Ten lakhs ,
System Technique(FAST)ideas!anyIsbody
there a imagine how much
can generate such ideas. FAST is away
systematic money we can save
powerful tool usedbyin which
Value others
on other weapons
Engineering (VE) which canis also
an be
like spears, arrows
extremely effective system
trainedto to
and cannons etc.
improve products and services
generatefor such
cost and productivity improvement.
ideas.

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SL 1 in Value Engineering

Birbal! There are four divisions in my


army – Infantry, Cavalry,Artillery and
Elephant brigade. I want you to teach
the engineers in each of these
divisions the application of Value
Engineering (VE), especially the
Functional Analysis System
Yes, your Technique(FAST). Each division should
Majesty. release Armoury Change Requests
(ACRs) for the worth of Rs.25 lakh.

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