Using VE to Strategically Plan Our Future

Conference · Mon Jun 01 00:00:00 EDT 2009

OSTI ID:961927

Jeffs, Margie; Braase, Lori; Conner, Alison; Martinson, Darcie; Grgich, Jodi

The Value Engineering (VE) Methodology is an effective tool for business or project strategic planning. In conjunction with the “Balanced Scorecard Approach” (Drs. Robert Kaplan, PhD, and David Norton, PhD, from the Balanced Scorecard Collaborative/Palladium Group), function analysis can be used to develop strategy maps and scorecards. The FAST diagram provides an integrated approach to strategy map development by formulating a cause and effect relationship and establishing the “how” and “why” behind the strategy map. By utilizing the VE Job Plan, one is able to move from strategic thinking all the way through to execution of the strategy.

• Research Organization: Idaho National Laboratory (INL)
• Sponsoring Organization: DOE - NE
• DOE Contract Number: AC07-99ID13727
• OSTI ID: 961927
• Report Number(s): INL/CON-09-15893
• Country of Publication: United States
• Language: English

Related Subjects

42 ENGINEERING
BUSINESS
ENGINEERS
Function Analysis
PLANNING
Strategic Planning
Systems Engineering
Value Engineering