This book offers a thorough treatment of system and product development, where technical, productivity, and end user elements come together to generate value for stakeholders. Compiling over twenty years of research, the book applies a value approach to design, manufacturing, delivery, operations, and maintenance. Numerous graphics and case studies are used to illustrate the development process in the context of a value stream, providing a one-of-a-kind resource for engineers in diverse disciplines, including aerospace, mechanical, civil, electrical, material engineering, and management science and engineering.