What is Value Analysis? | Value Engineering

7 months ago
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In this video, you are going to learn " What is Value Analysis?".
Value analysis, also known as value engineering, is a systematic and structured approach organizations use to improve the value of their products, services, or processes. This powerful tool enables businesses to identify and eliminate inefficiencies, reduce costs, enhance quality, and drive innovation.

Topics you are going to learn are -
1. What is value analysis?/ Value engineering/value analysis definition.
2. Understanding Value Analysis and objectives of value analysis.
3. The Value Analysis Process.
4. Benefits of Value Analysis.
5. Application of value analysis across Industries, in cost accounting and operation management.
6. types of value analysis.
7. Conclusion.

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