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 ...

In its first such update in two decades, the Office of Management and Budget has revised long-standing guidance instructing agency managers to adopt the private-sector discipline known as “value ...

REDSTONE ARSENAL, Ala. -- In the world of Army value engineering, projects have a big impact on materiel readiness. Reliability, quality, safety, cost savings, performance, lowering weight, recycling, ...

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.