Publisher's Synopsis
This book offers thorough coverage of the Function Analysis System Technique (FAST) which is embedded in the value engineering methodology. Value engineering (VE) is a methodology that helps companies rationalize costs. This book focuses on three themes: Concept of Function Analysis System Technique: this will provide practitioners and students with a self-learning tool that will enable them to approach cost rationalization programmes or process improvement assignments with deeper conceptual knowledge.The book focuses on a wide range of applications of the technique.Academic resource for certification programmes: the book is aligned to the needs of students/practitioners who are pursuing value engineering certifications.