Proceedings of the VII European Congress on Computational Methods in Applied Sciences and Engineering (ECCOMAS Congress 2016) 2016
DOI: 10.7712/100016.2269.9111
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Visual Analytics for Evaluation of Value Impact in Engineering Design

Abstract: Abstract. Many traditional engineering design processes in industry have

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Cited by 3 publications
(2 citation statements)
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“…It is possible, on one end, to quantify all aspects of value in monetary terms, so that they can be more easily traded-off with more traditional requirements. Monetary units are convenient, practical, and universally understood metrics for value, and are beneficial in the design process to stress the potential success of investments [59]. This quantification process in the arena is driven by the implementation of Net Present Value (NPV) and Surplus Value (SV) from the Value Driven Design (VDD) literature [60].…”
Section: Value Analysismentioning
confidence: 99%
“…It is possible, on one end, to quantify all aspects of value in monetary terms, so that they can be more easily traded-off with more traditional requirements. Monetary units are convenient, practical, and universally understood metrics for value, and are beneficial in the design process to stress the potential success of investments [59]. This quantification process in the arena is driven by the implementation of Net Present Value (NPV) and Surplus Value (SV) from the Value Driven Design (VDD) literature [60].…”
Section: Value Analysismentioning
confidence: 99%
“…The ability to successfully trade off between diverse objectives -emphasising downstream lifecycle properties -is of major importance for industry today. This ability is generally linked to the systematic use of modelling and simulation techniques (e.g., Hazelrigg, 1998;Kokkolaras et al, 2004;Kipouros & Isaksson, 2016) organised within decision support systems (Sacks et al, 2010;White et al, 2015). There is currently a growing interest in how to configure these environments for the early design phases (Chandrasegaran et al, 2013;Schleich et al, 2017).…”
Section: Introductionmentioning
confidence: 99%