Practical sheet | REF: FIC0428 V1

Value analysis

Author: Olaf DE HEMMER

Publication date: May 10, 2014 | Lire en français

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1. Launch the project

The design or improvement of a product and/or service is a key activity for a company, often entrusted to a project team whose skills are essentially technical. However, the criteria for evaluating this solution are mainly commercial and financial, and the most innovative solutions are often found outside the company. The value analysis method can be used to steer this collaborative work and help select the best solution.

1.1 Directing action

As with any project, it's essential to set the course right from the start, by defining the scope, the objective (in terms of Revenues – Costs – Quality – Deadlines – Risks), the team and the schedule.

These elements need to be validated at every stage: on the one hand, it's important to check...

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