ABSTRACT
The purpose of this information is to provide a comprehensive value methodology (VM) publication for the training and guidance of team members and team leaders participating in value improvement studies. One of the most critical factors governing the success of a value engineering (VE) team is the effectiveness of the team leader and members. These ventures must also encourage the enthusiasm and interest of team members but at the same time adhere to a proven, formalized, process for conducting value improvement studies. The team environment permits free discussion by members. Establishing and maintaining the momentum and pace of a team effort is an important function of the team leader in directing the individual phases of a study, which includes assignment of team member tasks.
