Value-Engineering Is Accomplished by Eliminating,reducing,or Simplifying All Non-Value Added Activities,and

question 78

True/False

Value-engineering is accomplished by eliminating,reducing,or simplifying all non-value added activities,and examining whether value-added activities could be improved.

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Definitions:

Extrinsic Motivators

External factors that encourage people to perform particular actions, including rewards or punishments.

Measurable

Describes something that can be quantified or assessed using specific criteria or units of measure.

Feasibility Report

An analysis and evaluation of a proposed project to determine if it is technically, financially, and legally viable.

Venture Capitalists

Investors who provide capital to startup companies and small businesses with long-term growth potential in exchange for equity.