Diploma in Product Design using Value Engineering
The free online course on value engineering in product design and the use of functional analysis system technique.
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In this course, you will learn about the four phases available in the life-cycle of a product, as well as the steps and processes that are involved when developing a new product. The various methods of increasing the total profit of a product without reducing the quality of a product as well as the best alternatives to the reduction of costs in product development will also be covered in this course. Then, the course will teach you about conducting value analysis as well as understanding the value engineering cycles and the characteristics of creative people in value engineering.
Then, this course will teach you about the ways to identify problems in a product and then look at the various ways that are available to define these problems. The types of product functions and steps required when performing functional analysis, as well as an introduction to the functional analysis system technique (FAST) model will also be covered in this course. Learners can also gain an understanding of the cost-function relations, as well as the application of value engineering in cost reduction and the value engineering steps. Then, the learners will understand the cost worth matrix and feasibility matrix for a product, as well as the various tools and techniques that are available in value engineering.
Lastly, learners will understand how to identify and overcome various roadblocks that occur in product design and value engineering as well as the flow process chart for production, and the various reasons for poor value. Begin this course now to understand how value engineering is beneficial in product design when the cost of production needs to be reduced.Start Course Now
Product Design and Value Engineering
Product Design and Value Engineering - Learning Outcomes
Introduction to Product Design and Development
Product Design Steps and Product Analysis
Value Engineering (History, Concept, and Definitions)
Value Engineering vs Cost Cutting
Product Design and Value Engineering - Lesson Summary
VEJP and Functional Analysis
VEJP and Functional Analysis - Learning Outcomes
Project Identification and VEJP
Types of Product Functions
Functional Analysis System Technique
VEJP and Functional Analysis - Lesson Summary
Diploma in Product Design using Value Engineering - First Assessment
VE Applications and Case Studies
VE Applications and Case Studies - Learning Outcomes
Function-Cost Relationship I
Function-Cost Relationship II
VE Applications in Product Design
Value Engineering: Case Study I
Value Engineering: Case Study II
VE Applications and Case Studies - Lesson Summary
VE Tools and Techniques
VE Tools and Techniques - Learning Outcomes
VE Tools and Techniques I
VE Tools and Techniques II
VE Success Stories I
VE Success Stories II
VE Tools and Techniques - Lesson Summary
Diploma in Product Design using Value Engineering - Second Assessment
Having completed this course, you should be able to:
- Discuss the concept of the product lifecycle and its components.
- Explain the characteristics of successful product development.
- Explain the various methods for increasing the total profit of a product.
- Explain the importance of creative thinkers in the process of value engineering.
- Explain the processes involved in the functional analysis system technique (FAST).
- Discuss the cost-function relationship of a product in value engineering.
- Discuss the advantages of applying the FAST model in value engineering.
- Explain how to determine the cost matrix and feasibility matrix of a product.
- Identify the various value engineering tools and techniques.
- Explain how a functional analysis worksheet is developed for a product.
All Alison courses are free to enrol, study and complete. To successfully complete this Diploma course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Diploma course, you have the option to acquire an official Diploma, which is a great way to share your achievement with the world. Your Alison Diploma is:
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An indication of your commitment to continuously learn, upskill and achieve high results
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