13 - 17 Apr 2025
Istanbul (Turkey)
Hotel : DoubleTree by Hilton Istanbul Esentepe
Cost : 6300 € Euro
Value Engineering (VE) is a systematic and structured approach used to improve the "value" of a project or process by examining its function. It focuses on maximizing the functionality of a project while minimizing costs, ensuring that the essential functions of the project are achieved at the lowest possible cost without compromising quality. This training program is designed to equip professionals with the knowledge and skills required to effectively implement VE in their projects, leading to improved efficiency, reduced costs, and enhanced performance.
Engineers and architects
Project managers and planners
Construction professionals
Product developers and designers
Cost estimators and financial analysts
Quality assurance professionals
Anyone involved in project management and process improvement
By the end of this training program, participants will be able to:
Understand the principles and methodology of Value Engineering.
Identify and analyze the functions of a project or process.
Develop and implement strategies to improve value.
Apply VE techniques to reduce costs and enhance performance.
Facilitate VE workshops and lead VE teams effectively.
Day 1:
Introduction to Value Engineering
Definition and history of Value Engineering
Key principles and concepts of VE
Benefits of implementing VE in projects
Examples of successful VE applications across various industries
Day 2:
The VE Job Plan
Detailed explanation of the 6-phase VE Job Plan:
Information Phase
Function Analysis Phase
Creative Phase
Evaluation Phase
Development Phase
Presentation Phase
Importance of each phase in the VE process
Roles and responsibilities of VE team members
Day 3:
Function
AnalysisUnderstanding the concept of function in VE
Techniques for identifying and analyzing functions
Function Analysis System Technique (FAST) Diagram
How to develop and use FAST diagrams to improve understanding of project functions
Day 4:
Creative and Evaluation Phases
Creative Phase: Techniques for generating alternative solutions
Brainstorming and other creative thinking methods
Evaluation Phase: Assessing and selecting the best alternatives
Criteria for evaluating alternative solutions
Tools and techniques for decision-making in VE
Day 5:
Development and Presentation Phases
Development Phase: Detailing and implementing selected alternatives
Preparing detailed implementation plans
Cost estimation and impact analysis
Presentation Phase: Communicating VE proposals
Preparing and delivering effective presentations
Securing stakeholder buy-in and approval
Final review and Q&A session to consolidate learning