Value engineering and value analysis of rear air spring bracket

Abstract

Abstract The main objective of the project is value engineering and value analysis of the part in the air suspension system without affecting the performance and the quality of the product. The existing model of rear air spring bracket is higher in cost and weight. So many considerations are kept in mind cited value engineering as an effective tool in refining the existing design of product towards the goal of design of new product with the stress analysis and resultant displacement. Value engineering concerned with new products and applied during product development and it does not influence the project costs and quality, but proved to have positive impacts on the weight reduction. It was found that a project can significantly save a cost and improve performance of project functioning by using the value engineering process at right time. This project summarizes the benefits and effectiveness of the value engineering methodology.