What is Value Engineering?

"Synonymous with the terms value management and value analysis, value engineerin g is a professionally applied, function-oriented, systematic team approach used to analyze and improve value in a product, facility design, system or service-a powerful methodology for solving problems and/or reducing costs while improving performance/quality requirements. By enhancing value characteristics, Value Engi neering increases customer satisfaction and adds value to your investment. Value Engineering can be applied to any business or economic sector, including indust ry, government, construction and service. Using Value Engineering is a very succ essful long-term business strategy." Credit: The Web Site of SAVE International As you explore this Lawrence D. Miles Value Engineering Reference Center Web sit e you will find many case studies of successful applications of VA/VE in the man ufacturing, service, and government sectors. The Lawrence D. Miles Value Engineering Papers Collection This is an archival collection of original personal documents such as correspond ence, articles, manuscripts, publicity materials and notes. Spanning more than 5 0 years, the papers reflect Miles' career and his longtime devotion to the promo tion of Value Engineering. Having been personally selected by Miles, they repres ent what was most interesting to him. The text, Techniques of Value Analysis and Engineering, Lawrence D. Miles, 3rd e dition, 1989 Eleanor Miles Walker gave permission to the Wendt Library to scan and make avail able the text by Miles, Techniques of Value Analysis and Engineering. The first edition, published in 1961, and the 1972 second edition have been published in m ore than 12 languages. This book shows specific steps to disciplined thinking, w hich according to Lawrence Miles, will provide 25 to 50 percent more efficiency in the quality and quantity of mental work. Improved problem solving, creativity , and decision making can dramatically increase the value of products and servic es. Value Engineering at the University of Wisconsin-Madison Under the leadership of Thomas J. Snodgrass, continuing education in value engin eering at the University of Wisconsin grew. During its dynamic history the VA/VE program at the University of Wisconsin has provided important training to profe ssionals in industry, service, and government. Explore this section for a detail ed look into its many innovative activities. You'll also find the text, Function Analysis: The Stepping Stones to Good Value, by Snodgrass and Kasi. Lawrence D. Miles Value Foundation Donors The foundation was created to fund ongoing efforts to preserve and extend VA/VE work. L. D. Miles Library Resource Center Help on access the collection from the Lawrence Delos Miles Value Foundation. SAVE Proceedings

The Lawrence D. Miles Value Engineering Reference Center contains the journal, V alue World (1977-present). It also houses proceedings from the annual conference of the Society of American Value Engineers from 1966-present. Paper copies of the abstracts and articles from the proceedings of the annual SA VE conference and the journal, Value World, are available for a fee from: Wiscon sin TechSearch, Kurt F. Wendt Library, 215 N. Randall Ave., Madison, WI 53706; T elephone 608-262-5917, FAX 608-262-4739.