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
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