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Post-Conference Workshops

C1

Value Engineering In Projects: Achieving Built-In Value
In A Cost Efficient Way (PART I)

Wednesday, 2 June 2010

Approved By:

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

C2

Guidelines And Principles Of Value Management And Value Engineering
Value Engineering In Projects (PART II)

Thursday, 3 June 2010

Approved By:

Facilitated By:
Martijn Lauterbach, Managing Consultant,
Maininnovation, The Netherlands

Creative Phase - Considering alternatives for each selected project function and advocating alternative means of
  accomplishing the function within the project
Evaluation phase - Analysing and investigating ideas generated in creative phase
Investigation Phase: Further ensuring correct decision making by measuring recommendations against cost
  justification models
• Discussion on cost benefit and other investigation techniques
   – Feasible study
   – Life Cycle Cost Modelling
   – NPV
• Defining the Risk Assessment process to evaluate the probability and effect of an identified adverse consequence
  and/or potential problem

Practical Session: Risk Assessment (to ensure successful implementation of recommendations)

Presentation phase – Preparation of effective recommendations to enhance the decision making quality
• Implementation and project follow-up

Discussion on Value Engineering Applications utilised in Projects
  •  Container Terminal Expansion (Logistics)
  •  New Process Plant (Manufacturing & Mining)
  •  OnShore and OffShore Facility Expansion Project in Oil & Gas
  •  Product Optimisation (Automotive)

D1

Project Management For Engineers And Technical Professionals (PART I)
Practical Project Management, Risk Assessment,
Effective Stakeholder Communication And Overall Increased Project ROI

Wednesday, 2 June 2010

Facilitated By:
Marcus Goncalves, President,
MGCG Inc.
, USA

The Aims Of This Course:
This 2 day course provides an overview of project management fundamentals and techniques using lecture, small group case studies, discussions and hands-on stimulations geared towards engineers within different fields.

The course is designed for engineers who have or will be assigned project management responsibilities; for project managers, project leaders or anyone performing these roles with the mechanical and maintenance industry. At the course the science and the art of project management is discussed in settings where scarce resources, risky decisions and conflicting tensions continually require sensible and effective compromises. Concepts and applied techniques for cost effective management of both long-term development programmes and short-term projects are discussed.

The Course Outline Includes:
• Project Management principles and methodology with special focus on planning, controlling and coordinating individual
  and group efforts
• Productivity Management
• Contracts
• Procurement management
• Quality Management
• Simple Project Management Software And Tools
• Document Management Systems
• Multi-project management and coordination
• When to close out a project
• Risk Assessments
• Hands-on lab instructions of Microsoft Project

D2

Project Management For Engineers And Technical Professionals (PART II)
Practical Project Management, Risk Assessment, Effective Stakeholder Communication
And Overall Increased Project ROI

Thursday, 3 June 2010

Delegates will receive a PMI certificate in which they can claim 10.5 PDU points.
Attend this certified course get 10.5 PDU/1 CEU point(s)!

The course is 100% compliant with the Project Management Institute’s (PMI’s ®) current PMBOK