what are the types of value in value engineering 
value engineering often breaks values into the use cost exchange and esteem value though other departments may use different categories to define consumer benefit the end goal is to ensure all benefits of a consumer are captured for analysis 3the bottom linevalue engineering is the process of ensuring a product doesn t waste away its potential products that lack purpose or drive value will get lost in the marketplace becoming cost centers for a company that yields little to no profit by implementing value engineering a company evaluates how a product can better serve its customers how value can be created and costs can be minimized 