Value Engineering detailed Syllabus for Industrial Engineering & Management (IEM), 2018 scheme has been taken from the VTUs official website and presented for the VTU students. For Course Code, Subject Names, Teaching Department, Paper Setting Board, Theory Lectures, Tutorial, Practical/Drawing, Duration in Hours, CIE Marks, Total Marks, Credits and other information, visit full semester subjects post given below. The Syllabus PDF files can also be downloaded from the official website of the university.
For all the other VTU IEM 6th Sem Syllabus for BE 2018 Scheme, visit Industrial Engineering & Management 6th Sem 2018 Scheme.
For all the (Open Elective-A) subjects refer to Open Elective-A Scheme. The detail syllabus for value engineering is as follows.
Course Learning Objectives:
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Module-1
INTRODUCTION TO VALUE ANALYSIS: Definition of Value, Value Analysis, Value Engineering, Value management, Value Analysis versus Value Engineering, Value Analysis versus Traditional cost reduction techniques, uses, Applications, advantages and limitations of Value analysis. Symptoms to apply value analysis, Coaching of Champion concept. TYPE OF VALUES: Reasons for unnecessary cost of product, Peeling cost Onion concept, unsuspected areas responsible for higher cost, Value Analysis Zone, attractive features of value analysis. Meaning of Value, types of value & their effect in cost reduction. Value analysis procedure by simulation. Detailed case studies of simple products
Module-2
FUNCTIONAL COST AND ITS EVALUATION: Meaning of Function and Functional cost, Rules for functional definition, Types of functions, primary and secondary functions using verb and Noun, Function evaluation process, Methods of function evaluation. Evaluation of function by comparison, Evaluation of Interacting functions, Evaluation of function from available data, matrix technique, MISS technique, Numerical evaluation of functional relationships and case studies. PROBLEM SETTING & SOLVING SYSTEM: A problem solvable stated is half solved, Steps in problem setting system, Identification, Separation and Grouping of functions. Case studies. PROBLEM SETTING & SOLVING SYSTEM: Goods system contains everything the task requires. Various steps in problem solving, case studies.
Module-3
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Module-4
VALUE ENGINEERING TECHNIQUES: Result Accelerators or New Value Engineering Techniques, Listing, Role of techniques in Value Engineering, Details with Case examples for each of the Techniques. ADVANCED VALUE ANALYSIS TECHNIQUES: Functional analysis system technique and case studies, Value analysis of Management practice(VAMP), steps involved in VAMP, application of VAMP to Government, University, College, Hospitals, School Problems etc., (service type problems). TOTAL VALUE ENGINEERING: Concepts, need, Methodology and benefits.
Module-5
APPLICATION OF VALUE ANALYSIS: Application of Value analysis in the field of Accounting, Appearance Design, Cost reduction, Engineering, manufacturing, Management, Purchasing, Quality Control, Sales, marketing, Material Management Etc., Comparison of approach of Value analysis & other management techniques.
Course Outcomes:
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Question Paper Pattern:
- The question paper will have ten full questions carrying equal marks.
- Each full question will be for 20 marks.
- There will be two full questions (with a maximum of four sub- questions) from each module.
- Each full question will have sub- question covering all the topics under a module.
- The students will have to answer five full questions, selecting one full question from each module.
Text Books:
- Techniques of Value Analysis and Engineering- Lawrence D. Miles, McGraw – Hill Book Company, 2ndEdn.
- Value engineering for Cost Reduction and Product Improvement – M.S. Vittal, Systems Consultancy Services Edn 1993
- Value Management, Value Engineering and Cost Reduction – Edward D Heller Addison Wesley Publishing Company 1971
Reference Books:
For the complete Syllabus, results, class timetable, and many other features kindly download the iStudy App
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For the detail Syllabus of all other subjects of BE (IEM) 6th Sem, visit Industrial Engineering & Management 6th Sem Subjects.
For all (CBSE & Non-CBSC) BE/B.Tech results, visit VTU BE/B.Tech all semester results.