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Cost Reduction and Cost Avoidance by Value Engineering

Published online by Cambridge University Press:  04 July 2016

J. R. Ewans*
Affiliation:
Economics and Project Analysis, British Aircraft Corporation (Operating) Ltd, Weybridge

Extract

I would like to thank the directors of British Aircraft Corporation (Operating) Ltd for permission to give this lecture, but I must emphasise that the opinions expressed are my own. I would also like to acknowledge the considerable contribution that has been made by every Value Engineer in BAC to the pioneering work of introducing Value Engineering into our Corporation, and thank all those, both in BAC and in other aerospace companies in this country and in the United States, with whom I have discussed Value Engineering, and whose ideas have contributed to this paper.

Type
Research Article
Copyright
Copyright © Royal Aeronautical Society 1967

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References

1. Value Engineering. Handbook H-111 dated 29th March 1963. Department of Defense, USA.Google Scholar
2.Miles, Lawrence D.Techniques of Value Analysis and Engineering. McGraw-Hill, 1961.Google Scholar
3. Value Engineering Bibliography. Hatfield College of Technology Library, February 1966.Google Scholar
4.Proceedings of the Series of Briefing Sessions on Defense Procurement, p 10. Circular No 11. Society of American Value Engineers, April-May 1965.Google Scholar
5.Underwood, W. J. Influencing Others. Proceedings of 1966 SAVE National Convention, p 1, April 1966.Google Scholar
6. Defense Procurement Circular No 11. Department of Defense, USA, October 1964.Google Scholar
7.Fouch, G. E. A New Look at Value Engineering in the Department of Defense. Proceedings of 1966 SAVE National Convention, p 199, April 1966.Google Scholar
8. Military Specification. Value Engineering Programme Requirements. Reference MIL-V-38352. Department of Defense, USA, 13th May 1964.Google Scholar
9.Hansard, p 870, 17th February 1964.Google Scholar