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The Story of Value Analysis

The Story of Value Analysis

An interview with Larry Miles, founder of Value Analysis, who provides the history and background of the development of Value Analysis methodology during the period - early 1940's to 1957.

It introduces Roy E Fountain who was Larry's Advanced Value Research person in General Electric.

It also introduces J.K. (Dusty) Fowkles who served under Larry for Specialty Materials and Processes.

A Tribute to Lawrence D. Miles

In 2015, after 30 years had passed since Larry Miles passed away, the Foundation promoting his legacy interviewed some of the VE professionals that were fortunate to work with him in person.

We prepared this small video as a tribute to the person Larry was.

Miles Value Foundation Legacy

A short biography of Larry Miles, the methodology he created, and why it is so important to you!

Value Engineering & Government Projects

Value Engineering Requirements for Federal-aid Projects

This video is part of the Federal-aid Essentials for Local Public Agencies website and resource library:

The Federal-aid Essentials website contains a resource library of informational videos and related materials. Readily accessible and available when you need an answer, each video addresses a single topic presented in everyday language-condensing the complex regulations and requirements of the Federal-aid Highway Program into easy-to-understand concepts and illustrated examples. This website allows you to indicate areas of interest and receive alerts when material that matches your interests becomes available. You also can give feedback that will help FHWA continue to provide useful assistance.

Value Engineering Application to Supply Procurement

The US Defense Logistics Agency provides all the supplies to the Military. This video includes a presentation by Vice Admiral Alan S. Thompson, Director of the Defense Logistics Agency when receiving the Golden Shares Award from Congress

Value Engineering at Rijkswaterstaat

This video is very creative and fun video created by Rijkswaterstaat to describe the use of Value Engineering in the Netherlands.

A Value Story

A video depicting the use of a cost model prepared after bids were opened over budget and then function worth was established to reduce cost while at the same time increasing project performance and quality through function analysis.


Value Analysis Applied to a Manufactured Product

A legacy video showing how a manufactured product was improved using the Value Methodology, through effective use of FAST diagramming function analysis. This is part of the "Principles of Value Analysis" video the foundation created in the 1990's

Value and Innovation on the Web

The following series of videos represent a selection of some of the top minds today touching upon topics related to the concept of value and innovation. There are two primary sources for these videos. The first is TED (short for Technology, Entertainment and Design), which is a global set of conferences owned by the private non-profit Sapling Foundation. TED conferences profile some of the most innovative and dynamic speakers that are influencing the modern world today within the technology and entertainment industries. The second source is RSA, the Royal Society for the encouragement of Arts, Manufactures and Commerce. This British charity produces some of the most creative and inspiring lecture videos today. We hope that these videos will inspire and educate you in your pursuit of value!

The Failure of Success – Dr. George Land

The initial development of the VM Job Plan by Larry Miles intentionally separated creative and critical thinking into two distinct phases. Dr. George Land provides an inspirational presentation on the importance of this insight and how creative thinking is actually a skill that we must actively practice and develop.

Are We in Control of Our Decisions? – Dr. Daniel Ariely

Renowned behavioral economist Dan Ariely provides a fascinating lecture on how our decisions are covertly influenced by the way problems are presented. Cognitive biases affect our ability to make value judgments and this presentation explores the mechanics of these forces and how to raise our awareness of them.

The Tribes we Lead – Seth Godin

Seth Godin, a noted author and speaker on marketing, change management and communication, explores the notion of "tribes" in the modern world of social networking and the internet. Anyone interested in making change happen should watch this video.

Life Lessons from an Ad Man – Rory Sutherland

Rory Sutherland has some very important things to say about the nature of value and its creation. Is there such a thing as intrinsic value or is value something wholly subjective and dependent upon each individual?

What We Can Learn from Spaghetti Sauce – Malcomn Gladwell

Tipping Point author Malcolm Gladwell gets inside the food industry's pursuit of the perfect spaghetti sauce -- and makes a larger argument about the nature of choice and happiness. His talk provides us with some interesting perspectives on the creation of value.

Where Good Ideas Come From – Steven Johnson

Author Steven Johnson explores the nature of creativity and innovation in this unique video presentation produced by the Royal Society of the Arts (RSA).

The Secret Powers of Time – Dr. Phillip Zimbardo

Professor Philip Zimbardo conveys how our individual perspectives of time affect our work, health and well-being. Time influences who we are as a person, how we view relationships and how we act in the world. This interesting video has deep implications about how our perception of time influences how we make value judgments.

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