Engineering, Oil and Gas

Training Course: Maximizing Project Value: Comprehensive Training in Value Engineering


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Discount Group Download Brochure (39)

EN235424

13 - 17 Apr 2025

Istanbul (Turkey)

Hotel : DoubleTree by Hilton Istanbul Esentepe

Cost : 6300 € Euro

Introduction

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.

Target Audience

  • 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

Objectives

By the end of this training program, participants will be able to:

  1. Understand the principles and methodology of Value Engineering.

  2. Identify and analyze the functions of a project or process.

  3. Develop and implement strategies to improve value.

  4. Apply VE techniques to reduce costs and enhance performance.

  5. Facilitate VE workshops and lead VE teams effectively.

Outlines

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  Analysis

  • Understanding 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

Engineering, Oil and Gas

Training Course: Maximizing Project Value: Comprehensive Training in Value Engineering


Register Now
Quick Inquiry
Discount Group Download Brochure (39)

EN235424

13 - 17 Apr 2025

Istanbul (Turkey) - DoubleTree by Hilton Istanbul Esentepe

Hotel : DoubleTree by Hilton Istanbul Esentepe

Cost: 6300 € Euro


  About Istanbul

Few places compare to the vibrant, cosmopolitan city of Istanbul, whose enormous size straddles both Europe and Asia, forming a bridge between western and eastern cultures. Resting upon the natural harbor of the Golden Horn, the skyline of the once-Constantinople is pierced with minarets and ancient monuments that embody centuries of history. While it is brimming with historical landmarks and colorful markets, modern Istanbul is also well represented through its contemporary art scene, European-style café culture, world-class dining venues.


  Things to do and places to visit in Istanbul

Istanbul is teeming with attractions and landmarks from historic sights and unique cuisine to lively markets and unmistakable culture. It is a thriving city, with a myriad of things to do that skillfully manage to blend every aspect of both the contemporary and the historical world.

On a city break in Istanbul be sure to:

  • Visit a hammam, a traditional Turkish bath, whose origins date back to Roman times.
  • Marvel at the Hagia Sophia, Süleymaniye Mosque and Blue Mosque, Istanbul's most spectacular monuments that dominate the skyline.
  • Explore the Topkapi Palace Museum, one of Istanbul's most visited museums, home to over 80,000 artifacts.
  • Walk through the Basilica Cistern, an underground marvel built in the 4th century.
  • Be dazzled by the Grand Bazaar, one of the world's oldest and largest covered markets.
  • Go shopping for exotic products and Turkish delights in the Spice Bazaar.
  • Cross the bridge connecting Europe and Asia against the backdrop of the Bosphorus, or take a Bosphorus cruise.
  • Taste the diversity and flavor of Turkish cuisine.
  • Admire panoramas of the city from the Galata Tower.
  • Walk through Taksim Square, the city's dynamic square that never sleeps.
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