THE RIGOROUS EXAMINATION OF VALUE ENGINEERING WHICH IS A NEGLECTED MANAGEMENT TECHNIQUE IN TERMS OF ITS THEORETICAL FOUNDATIONS

Value engineering is seen as a management technique. Thanks to value engineering applications, costs can be reduced, and accordingly quality can be improved. In this study, first of all, value engineering technique is discussed. Secondly, the elements of value engineering technique are emphasized. Lastly, the present and future of the researches on value engineering are carefully evaluated. Thus the importance of the issue has been exhaustively examined via giving a major dimension to the theoretical foundations of value engineering. Last but not least, this study sets out to highlight the need for more research on the subject value engineering, along with being consulted as a guide.