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Inspection Report: IG-0536

December 20, 2001

Follow-on Inspection of the Department of Energy’s Value Engineering Program

Value Engineering is a recognized management tool which, if properly implemented and executed, can streamline operations, improve quality, and reduce costs. Through the use of methodologies such as Value Engineering, Federal agencies are realizing an average of more than $20 in savings/costs avoidance for each dollar spent on performing the value effort.