Value Engineering Workshop MECH 497

1. Value Engineering Workshop MECH 497 Professor Paul Zsombor-Murray http://www.cim.mcgill.ca/~paul Professor Vince Thomson Lucie Parrot, Certified Value Specialist Joe Slanik, ing.

2. Value Engineering ”A philosophy implemented by the use of a specific set of techniques, a body of knowledge, and a group of learned skills. It is an organized creative approach which has as its purpose the efficient identification of unnecessary cost, i.e., cost which provides neither quality, nor use, nor appearance, nor customer features."   Lawrence Miles, 1946, General Electric Co.

3. Value Engineering A formalized method to • select customer critical functions • quantify value • relate customer benefits to costs • create and select alternatives • reduce costs • focus on effective action Systems Approach • focused on customer and performance • applied at all stages of operation

4. Value Engineering Applications • design, manufacture, inspection, procurement, installation, maintenance, i.e., the total life cycle of product, process, or service Other terms • Value Engineering  Value Analysis, Value Improvement • Value Management - benefit/cost of all activities

5. Value Engineering 5 phase job plan • Information • Speculation • Evaluation • Development • Persuasion

6. Value Engineering Information • get the facts about the problem • define the functions } FUNCTIONAL • evaluate the functions } ANALYSIS Speculation • define alternatives } CREATIVE } TECHNIQUES Evaluation • develop specifics for alternatives • costing, value matrix } VALUE • comparative cost-value chart } ANALYSIS

7. Value Engineering Development • decide on alternatives • prepare implementation plans Persuasion • report solution and action plan • anticipate roadblocks • SELL PLAN TO CUSTOMER

8. Value Engineering Used by major corporations • in the new product introduction process (NPI), • in product/process renewal, • in quality assurance programs, • GE, IBM, Pratt & Whitney, Hydro Quebec, Transport Ontario, Alberta Infrastructure,…. • VE is required for government contracts in the USA and in other countries. • Many professional organizations in several countries • Society of American Value Engineers (SAVE) • Canadian Society for Value Analysis (CSVA –SCAV)

9. Value Engineering Workshop Course Outline Course Notes • handed out on 15-Sep-14 • no textbook

10. Dates * at the Delta Montreal Hotel, 475 President Kennedy

11. Organization Course times 1330 - 2130 hrs MD 267 • Lecture 1330-1500 • Coffee 1500 • Project 1515-2130 • Dinner 1745-1845 (Royal Victoria residence) Evaluation • Companies participate in the evaluation of students.

12. Organization • 4-7 projects • 4-7 teams of 7-4 students, 1-2 company engineers • Need a captain and a scribe Attendance is mandatory at all classes. (Conflicts) Conduct • Towards companies • professional, confidentiality, intellectual property • Towards peers • fairness: participate, share workload

13. Projects Arcelor Mittal Deburring billets and slabs during steel making Vortex-I Flow control centre for water play park Vortex-II Plastic selection for acquatic application WATERAX Pump exhaust system primer muffler Surprise A 5th project, almost certain, by 14-09-10

14. Electrochemical waste water treatment WETT™: raw sewage to clean dischargeable water (a previous prospect)

15. CAE Trainer/Simulator A previous project

16. A previous project

17. Value Engineering Workshop • Sign up and preference sheet • Information • http://www.mcgill.ca/ve • http://www.mcgill.ca/~paul Look @ stuff from last year, e.g., sample final reports & this slide sequence, until new stuff is posted.