Value graph

Benefits of value engineering

The Value Matrix: If I cut costs and cut quality, I have downgraded. I am certainly no better off than when I started. If I cut quality and pay more, I have been ripped off. Plain and simple. No good thing ever comes from this quarter of the matrix. And if I have increased quality, but increased cost, I am better off, but now I have less money for other projects, or inventory or profit. 

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