Activity 00
The Value Methodology Glossary of Terms was extracted from Appendix A of the VM Guide® (Rev. 9/25/2020)
The Value Methodology Standard Reference is intended to provide the basic guidance required for applying the Value Methodology (VM) as recognized by SAVE International®. VM can be applied to a wide variety of subjects, including industrial or consumer products, construction projects, manufacturing processes, business procedures, services and organizations. VM is commonly referred to by the terms value analysis, value engineering and value management. These terms may be used interchangeably with Value Methodology throughout this standard. The Value Methodology Standard Reference was extracted from Appendix C of the VM Guide™. (Rev. 9/25/2020)