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FAST (Function Analysis System Technique)

FAST (Function Analysis System Technique)

Methodology used in value engineering to analyze functions and introduce new ways to perform basic functions, optimizing performance and reducing costs.

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Definition

FAST (Function Analysis System Technique) is a methodology employed in the value engineering process that uses a beneficial analysis diagram to introduce new ways to perform a basic function.

Purpose

The purpose of FAST is to systematically analyze the functions of a product, process, or system to identify areas for improvement and innovation. By breaking down functions and exploring alternative methods, FAST helps optimize performance, reduce costs, and enhance value.

Examples of Use

  • Product Development: Using FAST to identify and implement cost-effective design improvements.
  • Process Improvement: Analyzing manufacturing processes to eliminate inefficiencies and enhance productivity.
  • Project Management: Applying FAST in construction projects to optimize resource allocation and workflow.

Related Terms

  • Value Engineering: A systematic method to improve the value of products, projects, or processes by examining function.
  • Function Analysis: The process of identifying and analyzing the functions of a product or system to improve performance.
  • Cost-Benefit Analysis: A method of comparing the costs and benefits of different options to determine the best course of action.

Notes

  • FAST diagrams visually represent functions and their relationships, making it easier to identify opportunities for improvement.
  • The methodology encourages creative thinking and collaboration among team members.

Related Terms