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VALUE METHODOLOGY STANDARD and BODY OF KNOWLEDGE

[document] Submitted on 4 October, 2019 - 16:35
Keywords VALUE METHODOLOGY STANDARD and BODY OF KNOWLEDGE

The U.S. Army and Navy, and other
companies, soon realized the success of
Larry Miles’ methods. As the application of
value analysis expanded, there was also a
change in context—from review of existing
parts to improving conceptual designs. This
was one of two factors that marked the
emergence of value engineering. The other
was a desire by the U.S. Navy to use the
Value Analysis techniques for project
improvement in the early 1950s when there
was a moratorium on hiring “analysts.”

Since engineering positions were available,
individuals practicing this new discipline
were employed as “Value Engineers.”
As the value methodology gained in
popularity, a group of practitioners formed
a learning society to share insights and
advance their innovative capabilities. Thus,
in 1959, the “Society of American Value
Engineers” was incorporated in
Washington, DC.

Metadata
Date published
2007
Document type
pamphlet
Pages
33
Replaced/Superseded by document(s)
Cancelled by
Amended by
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