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Concept of worth
VE General Knowledge

Concept of worth

1. Worth is the minimum cost of achieving a function.
2. Worth is an indispensable element of VE.
3. Worth varies with time.
4. Worth depends upon information.
5. Worth is usually determined by developing or thinking of other methods of performing functions.
6. Worth is just a technique, not an absolute value.
7. Where an item has several functions, determine worth of each function separately and add them to get overall worth.

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Anil Kumar, “Value Engineering Mastermind”

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