This study first introduced product life cycle management procedures for designing expert questionnaire, and employed the Delphi method to investigate managerial functions of an intelligent manufacturing system in order to demonstrate performance of preliminary research results. Following that, the intelligent manufacturing management system was constructed, and weighted values of management functions were collected. The management function performance was evaluated through value analysis in order to determine whether system functions meet corporate goals. All functions were obtained using the hierarchic analysis method in value engineering analysis. The rational function weights were guaranteed through hierarchy consistency, and compared with the labor costs of operating such system functions to analyze whether the functions were in a suitable domain. After a two-phase investigation, based on expert comments and application functions, production control based on an intelligent manufacturing system can reduce personnel and time costs, thus, effectively increasing corporate competitive power.