IRJET- Value Engineering: Better Way of Implementing Conventional Methods
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This document discusses value engineering and its application in various fields. It begins with an introduction to value engineering, defining it as a creative, organized effort to analyze projects to achieve essential functions cost-effectively. It then provides examples of value engineering being used in waste management, residual value analysis of vehicles, and machine-based optimization. The document concludes that value engineering can reduce production costs through techniques like reducing cycle times, optimizing materials and weights, and improving product life cycles and sustainable development.
![International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 06 Issue: 03 | Mar 2019 www.irjet.net p-ISSN: 2395-0072
© 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 4817
1.2 What is VAVE?
Value analysis and value engineering is not the cost
cutting exercise or design approach it is just the creative
and organized effort to analyse the particular project in
purpose of achieving essential functions in all aspects. So
in short we can say value analysis and value engineering
as the ratio of value to the cost.
2. LITERATURE SURVEY
Zhaomiao Guo and Yan Zhou tried to perform value
engineering and analysis on the plug in vehicles in united
states of America. They performed analysis on the used
or worn out vehicle to understand the market potential
of those used vehicles in terms of current technology.
They determined and prepared statistical model to
understand residual value of those vehicles in particular
market segment including vehicle size, material and
brand [1].
Walaa Y and El-Nashar explained the advantages of
drains covering over the surface drains by performing
the value analysis in short they implemented value
analysis in waste management. They used the life cycle
methodology to understand better alternative of two of
them. The objective behind there research is to decrease
the pollution that occurs due to drains covering [2].
Satish M. Silaskara, and Dr. Vilas B. Shinde have
performed the value engineering and analysis on the ball
valve used in the hydraulic system. They performed
value analysis for weight optimization for cost
effectiveness without compromising with performance
improvement [3].
Jing Tao and Suiran Yu performed value engineering and
analysis for sustainable value management. They studied
value engineering approach for modern global market in
order to have realistic sustainable growth and survival
[4].
3. VALUE ENGINEERING IN DIFFERENT FIELDS
value engineering made its foot mark in almost every
field few which are discussed below.
1] Waste Management
This research work is mainly concerned with agriculture
drainage management the drain coverings are need to be
implemented in order to ensure the control of seepage,
waste and corrosion of soil. In addition, there is need to
control the breed of mosquitos and overuse of pests and
weeds. Land value and land used for surface drains and
drain covering are need to analysed separately for
various aspects like disease ecology and habitation. In
value engineering methodology this waste management
solutions need to be analysed from inception till its
disposal as even disposal requires cost.
2] Residual Value Engineering
Residual value engineering is the study of residual
equipment’s for its market potential that can meet
modern global market. The residual value engineering
generally involves weight optimization, cost
optimization and material optimization without
compromising in performance or quality. For carrying
out the residual value engineering we first need to select
the domain ( firm or manufacturer) and collect their past
15-20 years data regarding their products and then we
need to decide the retention rate for past product based
on the technological level of latest product.
3] Machine Based Value Engineering
This involves the optimization of different parts of
machines which are in production system as the product.
This method is generally employed during the design
phase of particular product or part. Due to unpredictably
changing customer demands the machine based value
engineering and analysis has gained more importance
recently as it contributes to the more efficient and
productive operations
4. CONCLUSION AND RESULT
1] Reduction in cycle time along with material and
weight optimization also contributes to the reduced
overall cost of production cycle.
2] Better product life cycle design and production
methodologies sustainable development and value
creation.
3] Every creative alternative is evaluated in number of
perspectives like social, economics, and environmental
aspects.
4] drainage covering is the better alternative than
surface drain as per the study of value engineering and
analysis.
References
[1]“Residual value analysis of plug-in vehicles in the
United States”, Zhaomiao Guoa1, Yan Zhoub2 , “Energy
System Division, Argonne National Laboratory, Argonne,
IL 60439, USA”, “Argonne National Laboratory, 9700 S.
Cass Avenue, Argonne, IL 60439, USA”.
[2]“Effect of drains coverings on environment by using
value engineering”, Walaa Y,El-Nashar, “Alexandria
Engineering Journal”, Water Engineering Department,
Zagazig University, 44519, Egypt.](https://image.slidesharecdn.com/irjet-v6i31238-191017052559/85/IRJET-Value-Engineering-Better-Way-of-Implementing-Conventional-Methods-2-320.jpg)
![International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 06 Issue: 03 | Mar 2019 www.irjet.net p-ISSN: 2395-0072
© 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 4818
[3]“Weight Optimization of Valve for Cost Effectiveness:
Using Value analysis” Satish M. Silaskara, Dr. Vilas B.
Shindeb, “2nd International Conference on Materials
Manufacturing and Design Engineering”.
[4]”Product life cycle design for sustainable value
creation: methods of sustainable product development in
the context of high value engineering” Jing Tao, Suiran
Yu, School of Mechanical and Power Engineering,
Shanghai Jiao Tong University, 800 Dongchuan Road,
Shanghai 200240, PR China.
[5]https://www.wbdg.org/resources/value-
engineering
[6]https://www.google.com/search?tbm=isch&sa=1&ei
=iziaXPOBMsforQGqw5vYBw&q=value+engineering+blo
ck+diagram&oq=value+engineering+block+diagram&gs_
l=img.3...13950.14841..15guatda.com/cmx.p589...0.0..0.225.323.1j0j1......1....
1..gws-wiz-img.dgO6CgSEG-8#imgrc=jPYXElVYlDNbjM:
[7] “cost reduction of a product through value analysis &
value engineering”, Ajitanath Patil QuEST Global.](https://image.slidesharecdn.com/irjet-v6i31238-191017052559/85/IRJET-Value-Engineering-Better-Way-of-Implementing-Conventional-Methods-3-320.jpg)
IRJET- Value Engineering: Better Way of Implementing Conventional Methods
- 1. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 06 Issue: 03 | Mar 2019 www.irjet.net p-ISSN: 2395-0072 © 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 4816 Value Engineering: Better Way of Implementing Conventional Methods Tushar Jadhav1, Shivraj Jadhav2, Rahul Desale3, Prof. Shital Patel4 1,2.3Student, Department of Mechanical Engineering, Bharati Vidyapeeth College of Engineering, Navi Mumbai, India. 4Professor, Department of Mechanical Engineering, Bharati Vidyapeeth College of Engineering, Navi Mumbai, India. -----------------------------------------------------------------------***-------------------------------------------------------------------------- Abstract - This paper concentrates on emergence of value engineering and value analysis in the field of waste management, weight optimization, sustainable manufacturing, and cost optimization and so on. The conventional methods of performing particular operations have some disadvantages and those operations need to be implemented in better way for that purpose we need to pass those operations through value engineering and analysis methods. To have successful production of goods there is need of proper balance between labour, raw material and technology driven processes. Currently the value engineering is the important aspect of manufacturing processes. Through this paper the reader will be able to understand the current trend of value engineering in the real life and manufacturing processes. Keywords: sustainable manufacturing, weight optimization, waste management, value engineering and analysis. 1. INTRODUCTION The current business scenario is very challenging and demanding for cost effectiveness without compromising with the quality. The businesses cannot do anything with the final finished product to optimize their manufacturing cost that is why they need to perform optimization of raw material cost and total production cost. Currently the cost for the particular product is more or less decided by the consumer than the producer so accordingly the producers need to carryout suitable modifications in their existing processes Generally, manufacturers need to optimize the cost in following fields: 1) Installation 2) Operational cost 3) Maintenance 4) Work force 5) Raw material 6) Transportation 7) Research and Development Working out the required modification in processes or methods during design phase itself is the most cost effective way of optimization and that is what we do in value engineering and value analysis. To have optimum short term, initial and long term investment there in need of VAVE (value engineering and analysis) which forms the disciplined procedure concise and systematic manner. 1.1 Block diagram of VAVE- Fig 1.1 block diagram of VAVE As we can see in the block diagram the general operations are tested for creative alternatives in order to optimize cost in all aspects. The creative alternatives are also evaluated in creative way in all possible aspects of value engineering
- 2. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 06 Issue: 03 | Mar 2019 www.irjet.net p-ISSN: 2395-0072 © 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 4817 1.2 What is VAVE? Value analysis and value engineering is not the cost cutting exercise or design approach it is just the creative and organized effort to analyse the particular project in purpose of achieving essential functions in all aspects. So in short we can say value analysis and value engineering as the ratio of value to the cost. 2. LITERATURE SURVEY Zhaomiao Guo and Yan Zhou tried to perform value engineering and analysis on the plug in vehicles in united states of America. They performed analysis on the used or worn out vehicle to understand the market potential of those used vehicles in terms of current technology. They determined and prepared statistical model to understand residual value of those vehicles in particular market segment including vehicle size, material and brand [1]. Walaa Y and El-Nashar explained the advantages of drains covering over the surface drains by performing the value analysis in short they implemented value analysis in waste management. They used the life cycle methodology to understand better alternative of two of them. The objective behind there research is to decrease the pollution that occurs due to drains covering [2]. Satish M. Silaskara, and Dr. Vilas B. Shinde have performed the value engineering and analysis on the ball valve used in the hydraulic system. They performed value analysis for weight optimization for cost effectiveness without compromising with performance improvement [3]. Jing Tao and Suiran Yu performed value engineering and analysis for sustainable value management. They studied value engineering approach for modern global market in order to have realistic sustainable growth and survival [4]. 3. VALUE ENGINEERING IN DIFFERENT FIELDS value engineering made its foot mark in almost every field few which are discussed below. 1] Waste Management This research work is mainly concerned with agriculture drainage management the drain coverings are need to be implemented in order to ensure the control of seepage, waste and corrosion of soil. In addition, there is need to control the breed of mosquitos and overuse of pests and weeds. Land value and land used for surface drains and drain covering are need to analysed separately for various aspects like disease ecology and habitation. In value engineering methodology this waste management solutions need to be analysed from inception till its disposal as even disposal requires cost. 2] Residual Value Engineering Residual value engineering is the study of residual equipment’s for its market potential that can meet modern global market. The residual value engineering generally involves weight optimization, cost optimization and material optimization without compromising in performance or quality. For carrying out the residual value engineering we first need to select the domain ( firm or manufacturer) and collect their past 15-20 years data regarding their products and then we need to decide the retention rate for past product based on the technological level of latest product. 3] Machine Based Value Engineering This involves the optimization of different parts of machines which are in production system as the product. This method is generally employed during the design phase of particular product or part. Due to unpredictably changing customer demands the machine based value engineering and analysis has gained more importance recently as it contributes to the more efficient and productive operations 4. CONCLUSION AND RESULT 1] Reduction in cycle time along with material and weight optimization also contributes to the reduced overall cost of production cycle. 2] Better product life cycle design and production methodologies sustainable development and value creation. 3] Every creative alternative is evaluated in number of perspectives like social, economics, and environmental aspects. 4] drainage covering is the better alternative than surface drain as per the study of value engineering and analysis. References [1]“Residual value analysis of plug-in vehicles in the United States”, Zhaomiao Guoa1, Yan Zhoub2 , “Energy System Division, Argonne National Laboratory, Argonne, IL 60439, USA”, “Argonne National Laboratory, 9700 S. Cass Avenue, Argonne, IL 60439, USA”. [2]“Effect of drains coverings on environment by using value engineering”, Walaa Y,El-Nashar, “Alexandria Engineering Journal”, Water Engineering Department, Zagazig University, 44519, Egypt.
- 3. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 06 Issue: 03 | Mar 2019 www.irjet.net p-ISSN: 2395-0072 © 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 4818 [3]“Weight Optimization of Valve for Cost Effectiveness: Using Value analysis” Satish M. Silaskara, Dr. Vilas B. Shindeb, “2nd International Conference on Materials Manufacturing and Design Engineering”. [4]”Product life cycle design for sustainable value creation: methods of sustainable product development in the context of high value engineering” Jing Tao, Suiran Yu, School of Mechanical and Power Engineering, Shanghai Jiao Tong University, 800 Dongchuan Road, Shanghai 200240, PR China. [5]https://www.wbdg.org/resources/value- engineering [6]https://www.google.com/search?tbm=isch&sa=1&ei =iziaXPOBMsforQGqw5vYBw&q=value+engineering+blo ck+diagram&oq=value+engineering+block+diagram&gs_ l=img.3...13950.14841..15guatda.com/cmx.p589...0.0..0.225.323.1j0j1......1.... 1..gws-wiz-img.dgO6CgSEG-8#imgrc=jPYXElVYlDNbjM: [7] “cost reduction of a product through value analysis & value engineering”, Ajitanath Patil QuEST Global.