JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD

Course Objectives

To impart knowledge on value theory, value management and brain storming

methods

Course Outcomes

The learner will be able to build effective team and effectively manage the time

UNIT - I

Function analysis; FAST diagramming; brain storming; criteria scoring matrices.

UNIT - II

An introduction to value theory; an introduction to value management.

UNIT - III

Value Engineering-Definition and concepts of the creative and structured phases of value engineering.

UNIT - IV

The workshop approach to achieve value- procedures- merits and demerits-detailed analysis.

UNIT - V

Teambuilding theory; target setting; time management.

TEXT BOOKS:

• 1. Lawrence D. Miles, Techniques of Value Analysis and Engineering, McGraw-Hill Book Company, 2009.
• 2. M.R.S. Murthy, Cost Analysis for Management Decisions, Tata McGraw-Hill Publishing Company Ltd., 1988. .