Research Article

An Improved Effective Cost Review Process for Value Engineering

Table 9

Specification review process.

Step  1: identifyingStep  2: exploringStep  3: thinking
SpecificationsRequirementsWho Why and howCost-cutting ideas

Identify the current specifications in drawings or approved calculation sheetsIf there are no current specifications, determine actual specifications through measurement Identify regulations: laws, standards, environmental regulations, safety standards, service guidelines, and so forthSearch for the people who determine specifications: marketing, design, purchasing, manufacturing, quality, A/S, supplier, and so forthFind any existing reason for specifications and
find any existing measuring method for specifications
Think: idea form:  
〈Category, Subcategory, object (to object)〉 
By applying the idea,  
Q1: what problems do you expect?  
Q2: how do you overcome it?  
or 
Benchmarking other products
Q: what specifications do you find?