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Value Engineering Management Plan

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  • Value engineering — is a systematic method to improve the value of goods and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be increased by either improving the function or reducing the cost. It …   Wikipedia

  • Management — in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or… …   Wikipedia

  • Reliability engineering — is an engineering field, that deals with the study of reliability: the ability of a system or component to perform its required functions under stated conditions for a specified period of time. [ Definition by IEEE] It is often reported in terms… …   Wikipedia

  • Engineering tolerance — is the permissible limit or limits of variation in a physical dimension, a measured value or physical property of a material, manufactured object, system, or service, other measured values (such as temperature, humidity, etc.). in engineering and …   Wikipedia

  • Engineering economics — Engineering economics, previously known as engineering economy, is a subset of economics for application to engineering projects. Engineers seek solutions to problems, and the economic viability of each potential solution is normally considered… …   Wikipedia

  • Engineering drawing — Technical drawings An engineering drawing, a type of technical drawing, is used to fully and clearly define requirements for engineered items. Engineering drawing (the activity) produces engineering drawings (the documents). More than just the… …   Wikipedia

  • Project management — is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end (usually time constrained, and often constrained by funding or deliverables) …   Wikipedia

  • Risk management — For non business risks, see risk, and the disambiguation page risk analysis Example of risk management: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, assessment,… …   Wikipedia

  • Strategic management — is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments.[1] It entails specifying… …   Wikipedia

  • Earned value management — (EVM) is a project management technique for measuring project performance and progress in an objective manner. EVM has the ability to combine measurements of scope, schedule, and cost in a single integrated system. Earned Value Management is… …   Wikipedia

  • Construction management — A two level retail store under construction in Canada (2011). Construction Project Management is the overall planning, coordination and control of a project from inception to completion aimed at meeting a client’s requirements in order to produce …   Wikipedia

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