Advanced Value Engineering

Course Info

Date:

2025-01-27

Length:

5 Days

Type:

In Classroom

Fees:

£ 3900

City:

Istanbul
Available DatesVenue
2025-04-28Istanbul
2025-07-28Istanbul
2025-10-27Istanbul
Available DatesOther Venue
2025-04-28Amsterdam
2025-04-28Barcelona
2025-04-28Paris
2025-04-28Singapore
2025-04-28Kuala Lumpur
2025-04-28Dubai
2025-05-26London
2025-06-16Dubai
2025-07-28Kuala Lumpur
2025-07-28Amsterdam
2025-07-28Barcelona
2025-07-28Paris
2025-07-28Singapore
2025-07-28London
2025-08-25Dubai
2025-09-15London
2025-10-27Kuala Lumpur
2025-10-27Singapore
2025-10-27Paris
2025-10-27Dubai
2025-10-27Barcelona
2025-10-27Amsterdam
2025-11-24London
2025-12-15Dubai

Course Details

  • Introduction

  • Objective

  • Who should attend

  • Course Location

 

Value engineering is a systematic approach aimed at achieving the desired functions of a product, a process, a system, or a service at minimum overall cost without affecting the quality, reliability, performance and safety. It is neither a glorified suggestion program nor a means of cheapening an item, process, or procedure. It does, however, seek to eliminate unnecessary costs. VE is not about selecting the cheapest option; instead, it is about realizing the best value for money, improving the productivity, competitiveness, and effectiveness of organizations, and stimulating innovation.

 

This course is designed to provide the participants with expert guidance for securing real benefits and cost savings by implementing VE in their projects with a greater emphasis on the development of project scope, cost estimates, design solutions, and budgets. 

 

The course significantly enhances creative thinking, problem-solving, objective assessment, and informed decision-making skills within the project management context.

 

Course Outline

5 days course
  • Day 1
  • Day 2
  • Day 3
  • Day 4
  • Day 5

Framework for Applying Value Engineering in Projects:

 

• What is Value?

• What is Value Engineering? Why is it important?

• Defining Value Engineering concepts and principles

• How and when is Value Engineering applied?

• Project stakeholders analysis and management

• Understanding teamwork and cross-functional Project Teams and team player styles

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