Home > Terms > English (EN) > value engineer

value engineer

A professional who plans and coordinates engineering activities to develop and apply standardized design criteria and production requirements for parts and equipment used in aircraft and aerospace vehicles. Responsibilities include:

  • Establishes and maintains liaison between engineering and other departments to formulate and apply design criteria and production requirements for proposed products.
  • Analyzes product design data to determine conformance to established design selection criteria, use of standardized parts and equipment, and design-to-cost ratio.
  • Approves initial design or recommends modifications based on producibility, cost, and component technology factors.
  • Coordinates testing of new parts and equipment, evaluates test results, and approves or rejects usage of parts and equipment based on test results.
  • Evaluates and approves selection of vendors.
  • Initiates and provides technical direction for research and development programs to enhance production methods, improve parts and equipment technology, and reduce costs.
  • Develops methods and programs to predict, track, and report production costs during design development.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Billy Morgan

Sports; Snowboarding

The British snowboarder Billy Morgan has landed the sport’s first ever 1800 quadruple cork. The rider, who represented Great Britain in the 2014 Winter Olympics in Sochi, was in Livigno, Italy, when he achieved the man-oeuvre. It involves flipping four times, while body also spins with five complete rotations on a sideways or downward-facing axis. The trick ...

Marzieh Afkham

Broadcasting & receiving; News

Marzieh Afkham, who is the country’s first foreign ministry spokeswoman, will head a mission in east Asia, the state news agency reported. It is not clear to which country she will be posted as her appointment has yet to be announced officially. Afkham will only be the second female ambassador Iran has had. Under the last shah’s rule, Mehrangiz Dolatshahi, a ...

Weekly Packet

Language; Online services; Slang; Internet

Weekly Packet or "Paquete Semanal" as it is known in Cuba is a term used by Cubans to describe the information that is gathered from the internet outside of Cuba and saved onto hard drives to be transported into Cuba itself. Weekly Packets are then sold to Cuban's without internet access, allowing them to obtain information just days - and sometimes hours - after it ...

Asian Infrastructure Investment Bank (AIIB)

Banking; Investment banking

The Asian Infrastructure Investment Bank (AIIB) is an international financial institution established to address the need in Asia for infrastructure development. According to the Asian Development Bank, Asia needs $800 billion each year for roads, ports, power plants or other infrastructure projects before 2020. Originally proposed by China in 2013, a signing ...

Spartan

Online services; Internet

Spartan is the codename given to the new Microsoft Windows 10 browser that will replace Microsoft Windows Internet Explorer. The new browser will be built from the ground up and disregard any code from the IE platform. It has a new rendering engine that is built to be compatible with how the web is written today. The name Spartan is named after the ...

Featured Terms

steven.estep
  • 0

    Terms

  • 2

    Blossaries

  • 3

    Followers

Industry/Domain: Entertainment Category: Video

GoPro

A company based in San Mateo, California which specializes in producing wearable high definition cameras and camcorders. The cameras are most often ...

Contributor

Featured blossaries

Beijing's Top Ten Destinations

Category: Travel   4 10 Terms

Angels

Category: History   1 4 Terms