ASTM E1699
Standard Practice for Performing Value Engineering (VE)/Value Analysis (VA) of Projects, Products and Processes
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About This Item
ASTM E1699 is the ASTM standard for performing Value Engineering (VE)/Value Analysis (VA) of projects, products, and processes. It provides a structured way to examine functions, costs, and alternatives so organizations can make informed decisions without losing required performance. By supporting a disciplined review of design and process choices, this standard can help improve value, identify efficiencies, and guide more consistent project and product evaluation.
What is ASTM E1699?
ASTM E1699, titled Standard Practice for Performing Value Engineering (VE)/Value Analysis (VA) of Projects, Products and Processes, describes a practical approach for evaluating what something is supposed to do and how well it does it relative to its cost. As a standard practice, it is generally used to organize VE/VA studies in a repeatable way. The focus is on function, value, and comparison of alternatives, making the document useful for teams that need a common framework for analysis and decision-making.
Where is ASTM E1699 used?
This standard is commonly used in environments where projects, products, or processes are being reviewed for better value and efficiency. It may support design reviews, procurement decisions, process improvement efforts, and product selection discussions. ASTM E1699 is especially relevant when teams need a structured method to compare options, assess cost versus function, and document value-based recommendations. It is a practical technical reference for organizations that manage performance and cost tradeoffs.
Why is ASTM E1699 important?
ASTM E1699 matters because it helps bring consistency to value engineering and value analysis activities. A recognized standard practice can support clearer communication, more repeatable evaluations, and better documentation of decisions. That can be useful for compliance-oriented workflows, quality control, and risk reduction when assessing projects or products. For organizations using VE/VA, ASTM E1699 offers a common technical basis for comparing alternatives and prioritizing solutions that preserve needed function while improving value.
- Value engineering and value analysis practice
- Projects, products, and processes
- Function-to-cost evaluation
- Alternative comparison and decision support
- Structured review and documentation
- Publication Date: 2020-10-08
- Publisher: ASTM
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