value engineering
Defined in 1 dictionary — U.S. Code
United States Code
41 U.S.C. § 432 — as used in this section
As used in this section, the term “value engineering” means an analysis of the functions of a program, project, system, product, item of equipment, building, facility, service, or supply of an executive agency, performed by qualified agency or contractor personnel, directed at improving performance, reliability, quality, safety, and life cycle costs.