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 VM/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
• Defining functional significance: Identifying major project components, determining their functions and assigning an estimated cost to each component
• 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
• Presentation phase – Preparation of effective recommendations to enhance the decision making quality
• Implementation and project follow-up
• Discussion on VM/VE applications utilised in Strategic and Operational Applications (Case Studies):
– Reducing Operational Cost (Mining)
– Strategic Planning (Professional Institution)
– Alignment Workshops (Utilities)
– Product Optimisation (Electronic Industry) |