What you’ll learn
- The five classic VE questions and why they still work
- How to build a starting cost the whole team trusts
- Using Pareto to find where most of the cost is
What you’ll produce
By the end of this module you’ll have a costed, ranked parts list and the facts the workshop needs. Free templates:
From the module
Know the product inside out
The Information phase builds the full picture before anyone suggests anything. The first two phases are organised around five classic VE questions: What is it? What does it do? What does it cost? What is it worth? What else could do the job? Answering the first four before you touch the fifth is what makes a VE study different from a brainstorm.
Continue reading in Module 3, or read the related guide: Value analysis.