Valves are critical components in piping systems, controlling fluids including water, steam, corrosive media, and oil. Proper selection and maintenance directly impact system safety and efficiency. This guide covers valve classification by drive type, structure, application, pressure, temperature, and size. A nine-step selection process addresses operating conditions, materials, and connection methods. Selection guidelines are provided for gate, globe, ball, butterfly, check, and diaphragm valves. Common leakage issues are analyzed across five failure points: closure components, packing seals, sealing surfaces, seal rings, and body joints—with root causes and corrective procedures specified. Understanding valve selection and troubleshooting enables engineers to optimize piping system performance and ensure long-term reliability.