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VEC
(redirected from Value Engineering Change)

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AcronymDefinition
VECVirginia Employment Commission (Richmond, VA)
VECVancouver English Centre
VECVictorian Electoral Commission (Australia)
VECVitrage Extérieur Collé (French: Glass Sealant; building construction)
VECVehicle Engineering Center (General Motors Corp.)
VECVellore Engineering College (India)
VECViento en Contra (Guatemalan band)
VECVisual Education Centre Limited (Canada)
VECVictoria Electric Cooperative
VECVibration Exciter Control
VECVehicle Electrical Center
VECVisceral Epithelial Cell (biology)
VECVocational Education Committee
VECValue Engineering Change
VECVector
VECVaccine Education Center (Philadelphia)
VECVector Error Correction (exchange rates)
VECVeterinary Emergency Clinic


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Note: Jay Mandelbaum and Danny Reed pulled material for this article from their book, Guidebook for Using Value Engineering Change Proposals in Supplies or Services Contracts, published by the Institute for Defense Analyses.
During fiscal year 2004, "1,723 in-house value engineering proposals and contractor-initiated value engineering change proposals were accepted with projected savings/ cost avoidance in excess of $1 billion" (6) Adopting value engineering has saved the United States time, money, and Soldiers' time that would have been spent fielding ineffective or nonessential equipment.
The result was three construction contractors' Value Engineering Change Proposals with a combined shared savings of nearly $1 million.
 
 
 
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