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The correct sequence of phases in value engineering is

A. Creative phase, information phase, investigation phase, evaluation phase

B. Information phase, creative phase, investigation phase, evaluation phase

C. Investigation phase, information phase, creative phase, evaluation phase

D. Creative phase, investigation phase, evaluation phase, information phase

Correct Answer : A.


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  1. CPM is the
  2. Pick up the correct statement from the following
  3. A critical activity has
  4. Material handling and plant location is analysed by
  5. The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most…
  6. In order that linear programming techniques provide valid results
  7. CPM requires
  8. In A-B-C analysis, which class of items are generally large in number?
  9. The critical activity has
  10. Product layout is best suited where
  11. Which of the following statement is wrong?
  12. In perpetual inventory control, the material is checked as it reaches its
  13. PERT and CPM are
  14. O on a PERT/CPM chart represents
  15. Fixed position layout is also known as
  16. Military organisation is known as
  17. Standard time is defined as
  18. The time which results in the least possible direct cost of an activity is known as
  19. In inventory control, the economic order quantity is the
  20. Monte Carlo solutions in queuing theory are extremely useful in queuing problems
  21. A milestone chart
  22. Which of the following are the guidelines for the construction of a network diagram?
  23. PERT is
  24. A low unit cost can be obtained by following
  25. The breakeven point represents
  26. In a PERT chart
  27. The determination of standard time in a complex job system is best done through
  28. When slack of an activity is positive
  29. A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations…
  30. The type of layout used for manufacturing steam turbines, is