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Definition of value analysis in English: value analysisnoun mass nounThe systematic and critical assessment by an organization of every feature of a product to ensure that its cost is no greater than is necessary to carry out its functions. Example sentencesExamples - The Website is incredibly comprehensive and can even do a value analysis for each fastener.
- Concepts such as standardization, procurement, budgets, and value analysis can be difficult to learn outside of a formal education program.
- Further the continuous contact during quality meetings, audits, value analysis projects and project meetings ensures a high quality level and competitive prices.
- The value analysis team reviews all new products.
- He tended to analyze problems using straightforward frameworks such as present value analysis and basic valuation models.
Definition of value analysis in US English: value analysisnoun The systematic and critical assessment by an organization of every feature of a product to ensure that its cost is no greater than is necessary to carry out its functions. Example sentencesExamples - The value analysis team reviews all new products.
- The Website is incredibly comprehensive and can even do a value analysis for each fastener.
- Concepts such as standardization, procurement, budgets, and value analysis can be difficult to learn outside of a formal education program.
- Further the continuous contact during quality meetings, audits, value analysis projects and project meetings ensures a high quality level and competitive prices.
- He tended to analyze problems using straightforward frameworks such as present value analysis and basic valuation models.
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