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Guided By:
Prof. R. I.
Product Design And Value Engg.
Sub. Evaluation Method of
Value Engineering Projects
Govt. Engg. College Dahod
(09018011903
4)
(090180119037)
(090180119033)
1.
Pancabai!a Soel ".
#. $osiDru% D.
3. Set&eet D.
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P'ASE # n*or+ation Pase
P'ASE 3 ,unction Anal!sisPase
P'ASE 4 -reation Pase
P'ASE E%aluation Pase
P'ASE / n%estigationPase
P'ASE 7 eco++endation
alue Analysis jo !lan
P'ASE 1 eneral Pase
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Value anal!sis 2ob lan
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• Evaluation is a Step in the valueanalysis job plan
• This phase is a feasibility and costanalysis phase.
• The alternative ideas suggestedduring the "reative !hase wererened and analyzed with a view that
whether they could achieve the
E%aluation
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• #his is carried out in t$o stages:• 1. All suggestions were studied and those
which could not be adopted because of%uality , reliaility or other asicreasons were eliminated, and the others
were shortlisted.• #. The ideas shortlisted after the rst
evaluation were critically studied and
discussed with the concerned personnel,for feasibility and practibility ofproduction. Thus the ideas were further
shortlisted and assigned for feasibilityranin matri!.
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,unctionisting
,inalSelection
E%aluate
-o+arean5
6estValidate
-ec5 i*Satises-riteria
S!ntesiseSolutionasicEssential Secondar!
Suort
,unction
,indAlternati%esAll ,unctions
:ue est
;!=
,orcedeld=
-ausedE?ectAnal!sis
-allenges
s itnecessar!@
* noteli+inate
-reati%edeation stes*or E%aluation
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E%aluation &etods
an5ing &etod
• This method decides that " is better than
# $ % # is better than &. 'n this basis list ofpriorities are set out in the order o*i+ortance.
• This method selects one criterion as the
do+inant one and treat the other as constraints. The raning is done then.
• (or e!ample , the criteria may be caitalcost would be the do+inant criterion,the selection may be made on the lo$est
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i+lied idea rating
• )t is a *uic and e+ective means to boil downthe many ideas that are generated during the"reation !hase to a more manageable few in
number for further development.• Scoring categories are decided by the team.
asically two inputs are chosen, each with a -point spread.
•
This process taes appro!imately hours toevaluate /00 ideas.
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Scoringbusiness ideas
:uestions BI1 BI2 BI31oes the business meet yourinvestmentgoals2
1oes the business generate su3cientprots2
)s the ris factor acceptable2
1oes this business t your
professionalsills2
dea ating 6able
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•
This step is better than raning.• )t is done by assigning relative weights to each
criterion• Each of these design criteria was given a
weightage factor.
. ;eigting +etod
'or E(a&!le 4To choose a machine on the basis of ve factors
5e decide that 6apacity of the machine is mostimportant, and give it /0 points.
;eigtage ,actor articular >eigt
B 6otal >eigt
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&acine 1 &acine # &acine 3
-riteria ;eig
t
,acto
r
;eig
t
a>
Sco
re
;eigte
d
Score
a>
scor
e
;eigt
ed
Score
a>
scor
e
;eigte
d
Score
-aacit! /0 0.888 9 .000 : 8.000 ; /.88
i*e < 0.88 < /.98/ - /./9- < /.98/-aital
cost
9 0.00 < /.;00 - /.000 /0 .000
unning
cost
; 0./88 : /.00 = /.09- /0 /.880
A%ailabil
it!
C*
sares
8 0./00 = 0.=00 /0 /.000 9 0.900
6otal 80 /.000 8<
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;eigtage anal!sis Points
>ajor di+erence 8
>edium di+erence
>inor 1i+erence /
• Each of the above criteria was compared withother, and depending on their relativeimportance, three catagories were formed4
,or 2udging te ideas= te *ollo>ingdesigns >ere generall! considered
• A. ,unction• . -ost• -. &aintainabilit!• D. :ualit! eliabilit!•
E. Sace
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Ea+le -'C-E C, PC;ES"S6E&S
FE" -6EA ;E'6
A -AP6A -CS6
EA6" 7
- ADAP66" 3
D CPEA6G -CS6 9
E AVAA6" 14
, A--EP6A6" #
Scale
Ecellent 4ood 3
,air #
Poor 1
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Ans
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6 a n 5 ! o u...
An! :uestions @