Value Engineering is valuable in identifying the barriers in the project area early and areas for improvement. Using a team approach to this planning stage allows every party to communicate their concerns, ideas, and issues, allowing for suitable materials, resources, budget, and schedule.VE will improve the performance, profitability, quality and risk levels of the client organisation and the whole project team.
This Value Engineering (VE) course is a creative, organized approach which engages project stakeholders to define their business or performance requirements, maximises creativity and innovation to identify best value solutions, enabling more robust, effective decision-making during project planning, procurement and execution and through focusing on performance requirements and avoiding abortive work.
The course will provide the best value results from achieving the right balance between the client's benefit from a project or service and the resource required to deliver it, not just cost alone.
By the end of this course, participants will be able to:
- Identify value mismatches through the ratio of whole-life costing
- Capture & incorporate stakeholders’ input in the development of the project charter & plan
- Add value to stakeholders thru best-value decisions based on the balance of value criteria & resources
- Know the fundamental concepts of Value Engineering and Analysis
- Identify alternative recommendations to the management which will improve value effectively
This course is suitable for a wide range of professionals but will greatly benefit:
- Anyone involved in project initiation, engineering design, and critical assessment of projects
- All those responsible for making significant decisions concerning plans and budgets for large and complex projects
- Project or Program Sponsors, Project Managers, Cost Estimators, Cost Controllers, Engineers, Designers and Project Staff
- All those aspiring to deliver better value in all sectors of the economy from major projects in construction, manufacturing, petrochemical, healthcare, education, legal and public services
Our courses in London are held at the LPC office located at:
Once you register, we will subsequently send you the course details, including the location, trainer, and other logistical information.
Pay Attention, Please! The course location at our offices is subject to availability. Should our office be unavailable, we will secure an alternative nearby venue and promptly inform you of the change. The exact time and location will be confirmed one week prior to the course commencement.