Value Engineering Skills Training: Boost Project Success

Course Description

This comprehensive 5-day Value Engineering Skills course equips participants with the tools and techniques to optimize project performance, reduce costs, and enhance functionality. Participants will learn the systematic VE methodology, from information gathering to implementation, and apply these skills to real-world scenarios. The course emphasizes practical application and creative problem-solving to drive project success.

Learning Objectives

• Understand the principles and methodology of Value Engineering
• Apply VE techniques to identify and eliminate unnecessary costs
• Develop creative solutions to improve project functionality and performance
• Learn to conduct effective VE workshops and present recommendations
• Integrate VE practices into project management processes
• Analyze and optimize life-cycle costs for long-term project success

Course Modules

Day 1: Introduction to Value Engineering

• VE concepts, principles, and benefits
• The VE job plan and study phases
• Stakeholder analysis and management
• VE team formation and roles

Day 2: Information and Function Analysis

• Information gathering techniques
• Function identification and analysis
• FAST diagramming
• Cost-to-function allocation

Day 3: Creativity and Idea Generation

• Creative thinking techniques
• Brainstorming and idea recording
• Overcoming mental blocks
• Organizing and categorizing ideas

Day 4: Evaluation and Development

• Idea evaluation criteria and methods
• Life-cycle cost analysis
• Risk assessment in VE
• Developing VE proposals

Day 5: Implementation and Presentation

• Action planning for VE implementation
• Effective presentation techniques
• Overcoming resistance to change
• VE in different project phases

Practical Wins for Participants

• Ability to lead VE studies and workshops
• Skills to identify and eliminate 15-25% of unnecessary project costs
• Techniques to enhance project functionality and stakeholder satisfaction
• Strategies to integrate VE into organizational processes for continuous improvement