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July 2014
What Is the Relationship Between Value Engineering & Target Costing?

An interesting article in the online edition of Houston Chronicle, written by an Ottawa based business writer Chirantan Basu,  What Is the Relationship Between Value Engineering & Target Costing explains to business readers the relationship between Value Engineer, Value Analysis and Target Costing. The article effectively explains the connection between the VE process and how Value Analysis can help a company control cost to help a business achieve its target cost for the product and achieve a competitive advantage.