7. Glossary
Product value
Judgment made about the product on the basis of the user's expectations and motivations, expressed as a quantity which increases when, all other things being equal, the satisfaction of the user's need increases and/or the expense associated with the product decreases (NFX 50-150).
Value analysis (VA)
It's a method of organized, creative competitiveness aimed at fully satisfying the needs of the user of a product, process or service, through a specific design or re-design approach that is functional, economical and multi-disciplinary.
Cost
Charge or expense incurred by an economic player as a result of the production or use of a product, or both.
Design to Cost (DCC)
A project management method based on...
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Regulatory references
AFNOR NF X 50-100 November 2011: Value Management – Functional analysis, fundamental characteristics – Functional analysis: functional analysis of needs (external) and technical/product functional analysis (internal) – Requirements for deliverables and implementation procedures
AFNOR NF X 50-151 September 2007: Value Management – Functional expression of need...
Website
The " Sciences de l’Ingénieur " website provides comprehensive examples of functional analysis. In the "Resources" tab, type in the keyword "functional analysis".
Acronyms and abbreviations
AF: functional analysis
AV: value analysis
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