val·ue a·nal·y·sis


The systematic and critical assessment by an organization of every feature of a product to ensure that its cost is no greater than is necessary to carry out its functions.

Value Analysis

Value Analysis

The four main components that are critical to the success of an effective value analysis program are:


  • Structured Team
  • Project Management
  • Three Actual Function Studies
  1. Actual Person
  2. Actual Place
  3. Actual Process
  •  Database Management