Use of Value Engineering in Defense Acquisitions
GAO-03-590R
Published: May 23, 2003. Publicly Released: May 23, 2003.
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Highlights
Value engineering (VE) is a recognized technique for reducing costs while maintaining or improving productivity and quality. The Department of Defense's (DOD) VE program consists of both government- and contractor-developed cost-reduction projects designed to reduce a system's life-cycle costs. In response to Congress' request, we agreed to provide information on (1) the role the VE program has played in supporting cost reduction in DOD weapons system programs and (2) the alternative measures program managers take to reduce costs and/or incentivize contractors.
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Topics
Cost accountingCost analysisDefense cost controlDefense procurementInternal controlsLife cycle costsStrategic planningSystems development life cycleWeapons systemsConfiguration control