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Tuesday, September 21, 2010

Value Engineering - Introduction

The knol is an introduction to the technique of value engineering, a cost management and cost reduction tool. It is used in both manufacturing and construction.

The knol has now 1847 page views and getting 40 page views per week.

Value engineering is a very important technique and companies are using it to reduce the cost of products at design stage itself. It is a very important technique in the process of target cost management.