CCE Value Engineering & Analysis Flashcards
6 cards from real CCE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CCE Value Engineering & Analysis flashcards as text
What is the primary objective of Value Engineering (VE) in a cost engineering context?
Answer: Achieve required functions at the lowest life-cycle cost
Value Engineering aims to achieve the required functions of a product or project at the lowest possible life-cycle cost without sacrificing quality or performance.
In the SAVE International VE Job Plan, which phase involves generating creative ideas without criticism?
Answer: Creative phase
The Creative phase of the VE Job Plan uses brainstorming to generate a high volume of ideas without judgment or criticism.
How is Value defined in Value Engineering?
Answer: Value = Function / Cost
In VE, Value is defined as Function divided by Cost, meaning higher function at lower cost yields greater value.
Which Value Engineering technique is used to identify the primary and secondary functions of a system?
Answer: FAST diagram
The Function Analysis System Technique (FAST) diagram organizes functions hierarchically to distinguish primary (basic) from secondary (supporting) functions.
During a VE study, a 'basic function' is best described as:
Answer: The primary purpose that defines why the item exists
A basic function is the primary purpose that justifies the existence of an item; removing it would render the item valueless.
What is 'worth' in the context of Value Engineering?
Answer: The lowest cost to perform a basic function
In VE, 'worth' is defined as the lowest cost at which the basic function can be reliably performed.