what are the steps involved in value analysis?
535741
Value analysis is based on the application of a systematic workplan that may be divided into six steps: orientation/preparation, information, analysis, innovation/creativity, evaluation and implementation and monitoring.
538375
['gather info.', 'identify conflicting values.', 'determine relative importance of conflicting claims.', 'exploring alternatives.', 'choose & justify one alternative.']
935521
Tally the value of assets. Add up the value of everything the business owns, including all equipment and inventory. Subtract any debts or liabilities. The value of the business's balance sheet is at least a starting point for determining the business's worth.
618194
['● Brainstorming.', '● Event inventories and loss event data.', '● Interviews and self-assessment.', '● Facilitated workshops.', '● SWOT analysis.', '● Risk questionnaires and risk surveys.', '● Scenario analysis.', '● Using technology.']
1432014
['Identify the decision to be made.', 'Gather relevant information.', 'Identify alternatives.', 'Weigh evidence.', 'Choose among alternatives.', 'Take action.', 'Review decision and consequences.']
440622
['Determine the objective. Decide on a key project or strategy to analyze and place it at the top of the page.', 'Create a grid. Draw a large square and then divide it into four smaller squares.', 'Label each box. ... ', 'Add strengths and weaknesses. ... ', 'Draw conclusions.']
783435
['Step 1: Identify the Risk. The first step is to identify the risks that the business is exposed to in its operating environment. ... ', 'Step 2: Analyze the risk. ... ', 'Step 3: Evaluate or Rank the Risk. ... ', 'Step 4: Treat the Risk. ... ', 'Step 5: Monitor and Review the risk.']
364713
['Identify the Problem. know the problem or question before searching for an answer.', 'List the Alternatives. list the pros and cons.', 'Make a Decision. make a decision based on the information you collected. think about the consequences!', 'Evaluate the Decision. decide whether the choice was a good one or not.']
64564
['Identify Each of Your Options. The first step is to identify each of the options before you. ... ', 'Forecast Potential Outcomes for Each Option. ... ', 'Thoroughly Analyze Each Potential Result. ... ', 'Optimize Your Actions Accordingly.']
1389503
['identify the problem.', 'list the alternatives.', 'determine the pros and cons.', 'evaluate your pros and cons.', 'make a decision.']
1128838
['Identify and describe clearly the facts. ... ', 'Define the conflict or dilemma and identify the higher-order values involved. ... ', 'Identify the stakeholders. ... ', 'Identify the options that you can reasonably take. ... ', 'Identify the potential consequences of your options.']
1043581
['Step One: Identify the Decision to be Made. ... ', 'Step Two: Know Yourself (Raise Consciousness) ... ', 'Step Three: Identifying Options and Gathering Information (Explore Options) ... ', 'Step Five: Evaluate Options that will Solve the Problem.']
1263227
['Identify the problem.', 'Search for alternatives.', 'Weigh the alternatives.', 'Make a choice.', 'Implement the choice.', 'Evaluate the results and, if necessary, start the process again.']
811175
['To perform an ABC Analysis according to requirements value, select from the Inventory Controlling menu Environment Document evaluations ABC analysis. ... ', 'Specify the desired analysis criterion and selection parameters.', '– Objects to Analyze. ... ', 'If you select the Update ABC ind.']
1036579
['Define purpose.', 'Construct hypothesis.', 'Test the hypothesis and collect data.', 'Analyze data.', 'Draw conclusion.', 'Communicate results.']
413806
['identify problem.', 'formulate a hypothesis.', 'design the procedure to be used to test the hypothesis.', 'carry out the hypothesis.', 'analyze the data and observations.', 'draw a conclusion.']
1258012
['Elicitation. The Elicitation step is where the requirements are first gathered. ... ', 'Validation. The Validation step is where the “analyzing” starts. ... ', 'Specification. During this step, the analyst prioritizes and formally documents the requirements in a Requirements Definition Report. ... ', 'Verification.']