Course Description
This intensive 5-day course provides a comprehensive understanding of Value Analysis (VA) and Value Engineering (VE) methodologies. Participants will learn to identify and eliminate unnecessary costs while maintaining or improving product/service quality and performance. The course covers essential techniques for waste reduction, process optimization, and value enhancement across various industries.
Learning Objectives
- Master the principles and techniques of Value Analysis and Value Engineering
- Develop skills to identify and eliminate non-value-adding activities and costs
- Learn to apply function analysis and FAST diagrams for process improvement
- Gain proficiency in cost reduction strategies without compromising quality
- Understand how to implement VA/VE methodologies in real-world scenarios
Course Modules
Day 1: Introduction to Value Analysis and Value Engineering
- Fundamentals of VA/VE
- Historical development and modern applications
- The VA/VE job plan
- Value concepts and definitions
Day 2: Function Analysis and FAST Diagrams
- Identifying and classifying functions
- Function Analysis System Technique (FAST)
- Creating and interpreting FAST diagrams
- Function-cost analysis
Day 3: Creative and Analytical Techniques
- Brainstorming and idea generation
- Evaluation and selection methods
- Cost modeling and life cycle costing
- Risk assessment in VA/VE projects
Day 4: Waste Elimination and Process Optimization
- Identifying and categorizing waste
- Lean principles in VA/VE
- Process mapping and analysis
- Continuous improvement strategies
Day 5: Implementation and Case Studies
- Developing VA/VE proposals
- Implementation planning and change management
- Measuring and reporting VA/VE results
- Real-world case studies and group exercises
Practical Wins for Participants
- Ability to lead VA/VE projects in their organizations
- Techniques to identify and eliminate 15-30% of unnecessary costs
- Skills to enhance product/service value and customer satisfaction
- Strategies for continuous process improvement and waste reduction
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
