This article originally appeared in the April 2021 issue of Security Business magazine. When sharing, don’t forget to mention @SecBusinessMag on Twitter and Security Business magazine on LinkedIn.

Ideally, products are developed and manufactured using a systematic approach that assesses value for the marketplace. This value is evaluated as a ratio of function to cost. Value increases either by ...

Value engineering is defined by the Chartered Institute of Management Accountants as the functional analysis and redesign of products and services to provide value to the customer. Value engineering ...

If you had to define value engineering in a single word, you might boil it down to 'efficiency.' That would be one word, but it wouldn’t be accurate. The basic misconception of value engineering is ...

Anaheim, CA — Value engineering is an often-misunderstood concept in architecture, but it is a critical component of any station design project. This was the key message from David J. Pacheco, AIA, ...

Because engineering design is a service, it is necessary for you and your design team to also consider not only how the design presents a solution to a customer problem, but also what aspects of the ...

Value Engineering (VE) is a product or process improvement program that is one of the oldest in the federal government. Its objective is to improve the functional value of a product or process for the ...

Every contractor has seen it happen: a project design that, for whatever reason, exceeds the owner's budget. If there's no leeway to spend more—and these days, there usually isn't—the contractor has ...

Completing construction projects on time and within budget can seem like a daunting task. With additional pressures like fluctuating material costs, skilled labor availability and operational costs, ...

Because engineering design is a service, it is necessary for you and your design team to also consider not only how the design presents a solution to a customer problem, but also what aspects of the ...