MENG Analysis has been providing Value Analysis (VA) services to our clients since 1985. VA, also known as value engineering (VE) or value management (VM) is a professionally facilitated methodology that emphasizes the analysis of function and costs to derive value improvements.  With an amazing diversity of project types, we have facilitated over 600 studies for a variety of clients including: K-12, higher education, correctional, hospital/high-tech and transportation clients.

We distinguish our approach to facilitating VA services with a sensitivity to the unique elements of each project.  Each project, design team and client have special concerns and we are very good at asking questions and taking the time to listen to truly learn about the key issues and how we can best craft a team and approach to add value to the project.  Serving as an extension of the project team, with a fresh perspective, we call this our Collaborative Approach.

VA is a function based, systematic approach organized in a six step Standard Methodology to avoid unnecessary costs while still maintaining or improving quality. Also known as value management (VM) or value engineering (VE), this formally facilitated process by certified team leaders is so much more than mere cost-cutting exercises.  It is not based on simple material substitution to cut costs. It is a process oriented activity that is best applied early in the project planning or design.  With a COLLABORATIVE APPROACH, the Value Team serves as an additional resource to the planning/design team.

FUNCTION ANALYSIS, including FAST Diagrams reveal alternatives, which maintain or improve function and quality, yet avoid unnecessary costs.

To distinguish this formal, function based analysis from simple cost cutting exercises, value management professionals often refer to their process as Value Analysis (VA) or Value Management (VM), rather than Value Engineering (VE).

Value Analysis - definition:

Value analysis is a professionally applied, function-oriented, systematic team approach used to analyze and improve value in a product, facility design, system or service - a powerful methodology for solving problems and/or reducing costs while improving performance/quality requirements. By enhancing value characteristics, Value Analysis increases customer satisfaction and adds value to your investment. Value analysis can be applied to any business or economic sector, including industry, government, construction and service. Using Value Analysis is a very successful long-term business strategy. - SAVE International