ENGINEERING MANAGEMENT REPORTS |
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Value Engineering/Value Management Model and Application of Aerospace Projects |
Wan-hua Qiu1,*( ),Han-peng Zhang2,Ze-Shui Xu3,De-Sheng Wu4 |
1. School of Economics and Management, Beihang University, Beijing 100191, China 2. School of Business Administration, Southwestern University of Finance and Economics, Chengdu 610074, China 3. Science School of University of Science and Technology, Nanjing 210000, China 4. Economics and Management School, University of Chinese Academy of Sciences, Beijing 100049, China |
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Abstract This paper presents a new space model developed by general value engineering/value management model. The authors take the function analysis, function optimization and function realization of the development object as the basic point, to get the final optimization structure by value evaluation, so as to improve the project quality and reduce the project cost. The final case shows that the application of this model can save about 18% of the time and considerable cost of the usually planned projects under the condition of quality assurance.
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Keywords
aerospace project
value engineering
value optimization
value stream
design structure matrix
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Corresponding Author(s):
Wan-hua Qiu
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Online First Date: 15 March 2016
Issue Date: 31 March 2016
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1 |
Qiu, W. (2007). Value Engineering Method Basis. Beijing: Mechanical Industry Press
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Yang, Q., Lv, J., & Huang, J. (2012). Value flow optimization of complex R&D project based on DSM. Operation Management, 3, 171–175
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Yang, Q., & Qiu, W. (2006). Project lean value management and value stream analysis method. Science Research, 24, 249–255
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