Value analysis also applies to project management processes and techniques learned for management efficiency, staff retention and cost reduction.
This is done through the practical application of techniques based on the creation, evaluation and prioritization of behavioral ideas worthy of guarantee to positively influence the bottom line of institutions.
Consult or appoint qualified knowledgeable and experienced individuals or companies with cost reduction strategic practice and proven lean Six Sigma principles.
Principle alone will not help you or your institution. Theory combines with Six Sigma Approach to a significant practical cost reduction strategy embodied in proven project management to the next level that delivers measurable results. The application of value analysis transcends all professional fields from art to science.
When included in the beginning of a function, service, or product, it is commonly called value engineering. After the implementation of a function, service or product when we refer to it as price analysis.
Why Place Emphasis On Functionality?
Functionality, cost and quality should be emphasized. When the value formula and practical method analysis are properly applied in the industry with efficient use of next level project management processes, the following significant benefits will be realized
Importance Of Value Analysis!
Again, value analysis has an emphasis on critical project management processes and critical cost reduction strategies supported by practical experience. When properly implemented with a little human touch, cutting the number of employees and the corporate bottom line falling into negative levels, should be a thing of the past.