VALUE ANALYSIS A METHOD FOR DESIGN OF METALLURGICAL EQUIPMENT

Value Analysis is a method that provides an operating technique using c: creative and organized approach. It is managed by a group, each member is selected by their expertise in specific subjects and coordinated by a Value Analysis expert. The first part of the paper presents a first step of Value Analysis study applied concretely to a selected pieces of metalurgical equipment. The phases and iterative operation of the Value Analysis method are presented. Value Analysis combines both engineering and economics without, however, placing neither engineering or economics first. They both are similarly important, as can be concluded by the end of this study.