Facilitated By: Kurt J Huber, Pr Tech Eng. CVS (Life) and expert in Value Engineering and Value Management, VM services PTY Ltd., South Africa
The Course Outline Includes: • Introduction to the Value Engineering (VE) terminology, concepts and benefits as applied in the engineering design and project management applications • Intergrating human dynamics and teamwork to ensure successful alignment • Functional thinking: Ensuring proper data preparation to develop a comprehensive understanding of the project or proposal and outlining the desired objectives • Information gathering and sharing - Explaining the main concepts, project objectives, design constraints, specifications and estimated costs
Practical Session: VE Session Planning And Setting Of Objective Small Teams will create a purpose statement, determine correct participation, list issues and concerns and establish a clear objective including environmental influences.
• Defining Functional Significance: Identifying major project components, determining their functions and assigning an estimated cost to each component
Practical Session: Function Identification And Numerical Evaluation Small Teams will identify the functional requirements for achieving the Objective. An evaluation of the functions against priority will show results based on Pareto’s Principle (80-20).
Practical Session: FAST Diagramming FAST significantly contributes to the function analysis phase of the Value Engineering process by graphically mapping out the functions in a FAST diagram. It has developed into a simple yet effective tool for evaluating existing procedures and components to find more cost effective answers to problems
Feedback Session: Discussion on the practical applications |