PROGRAM CONTENT

• The Value Engineering (VE) Concept

• "What is Value for your Organization"

  • Key Strategic Initiatives

  • Internal & External Customer Expectations

• Understanding Costs and Prices

• Value Engineering Step-by-Step Methodology that overcomes the Multi-Discipline Roadblocks to Value Engineering, including...

  • Management Commitment

  • Team Selection, Working & Empowerment

  • Identifying the Widest Range of Improvement Opportunities

  • Short-listing, Analysis, Recommendations and Management Approval

  • Implementing VE Opportunity as a Project

  • Objectively Measuring Success

  • Celebration and Getting Ready for the Next VE Initiative

• Value Engineering Domain Knowledge

  • Management

  • Process

  • Technical

• Value Engineering Issues in Various Situations (Some of following Case Studies will be discussed)

  • Project Selection

  • Project Conceptualization

  • Feasibility Study

  • Preliminary Design

  • Detailed Design

  • Construction and Implementation

  • Operation Phase

  • Maintenance

• Motivational Issues for Successful Value Engineering Initiatives. Motivating for Value Engineering - Case Studies we will choose from...

  • Employees

  • Designers

  • Contractors

  • Service Providers

  • Out Sourcing Partners

  • Joint Venture Partners

  • Distributors

  • Retailers

• Contractual Conditions in Contracts to Promote Value Engineering

• Some Pro-Active Value Engineering Projects to Implement

• Building Value Engineering Enabling Knowledge Bases

• Workshop & Action Plan: Value Engineering Implementation Strategy for your Organization/Department.

Why is Value Engineering Important?

·         It shows you what you need to do to become a World Class Organization.

·         You need it for orienting your Strategy and Goals towards your Organizations Strategic Objectives.

·         For Identifying Opportunities to Meet and Exceed Internal & External Customer Expectations.

·         It shows you what you need to do to achieve Leadership, Recognition, Internal & External Customer Loyalty, Value for Money, Cost-Effectiveness.

·         It is to do with doing away with waste of resources.

·         It is identifying missed opportunities. 

·         This is what management is looking for in this increasing globalized and competitive marketplace.

Traditionally Value engineering is defined as    "The systematic analysis of the functions of a program, project, system, product, item of equipment, building, facility, service, or supply, performed by qualified personnel or contractor personnel, directed at improving performance, reliability, quality, safety, and life-cycle costs."

But for this Program the Definition includes "Value Engineering includes how you can add value to your work/organizations products and  processes so as to help take your organization towards its Strategic Objectives".

Program Outcomes and Take-Away/s

Euro Training is in the business of  providing practical useful training programs. Programs that

1. Help the participant implement improvements in his organization.
2. Help the participant gain Multi-discipline understanding of the issues so that he can incorporate the needs and expectations of all his stakeholders/ customers in his improvement proposals and actions.
3. Help build a knowledge framework in which job related experience can be caught and remembered as his experience.

Typical participant will take away a personalized action plan for himself, his business unit or his organization on how to apply the program contents to improve performance. The action plan may have two components:

1. A Personal Action Plan
2. A Business Unit/Organizational Action Plan

Benefits to Organization

Sending participant/s to this program will benefit the organization in the following ways

1. Quickly makes the participants competent, effective and productive on his job. Useful especially for
   1. Training New employees
   2. Competency Building in Existing Employees Transferred to a New Assignment
   3. Training Prior to a New Project or Initiative Planned in the Organization
2. Create Competency in the employee to perform his job well. including in relation to
   1. Relevant Technical Knowledge, Skills and Competencies
   2. Organizations' Strategic Objectives
   3. Needs and Expectations of the Stakeholders/ Customers (internal & external)
   4. Good Management Practices
   5. Identifying opportunities to Exceed Stakeholder/ Customer Expectations
3. Create a pool of trained manpower who can cost-effectively disseminate the knowledge to large number of employees inside the organization. This is made possible by Euro Training's unique easy to understand and use methodology based on Checklist & Quality Assurance Approaches.
4. Euro Training Instructors often act as mentors for your trained employees. A most effective way to ensure effective competency development and application by your motivated staff. We do have consultants available across Americas, Europe, Asia and Africa (Please inquire about our post program mentoring plans)

Participant Individual Career Benefits

1. You gain a multi-discipline understanding of the issues. Meaning when you make proposals and decisions on your related job you will keep in mind the needs and expectations of ALL the stakeholders/ customers (internal & external)
2. The action plan you take away will help you make a difference in your business unit or organization. This difference when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job/s.
3. Understanding and acting with understanding of the Needs and Expectations of your stakeholders/ customers is known to  to enhance Job Satisfaction and reduce Monday Morning Blues.
4. As one of your stakeholders/ customers is Executive Management, therefore the program ensures you will know the Strategic Imperatives that Drive the Organization's Efforts in your relevant job area. In the process enabling you to make a leadership contribution.

This Program is Intended for…

Those new to the field take away a good multi-discipline understanding of the issues involved in the program works. It helps them become productive quickly and builds in them a knowledge framework that will help identify, understand, classify and remember on the job experiences in his memory.

More experiences participants take-away an individualized action plan as mentioned elsewhere in this technical sheet.

Implementation Teams: This program can be used to train implementation teams where...

1. a new project or initiative being started in your organization

2. a new strategic focus is being initiated

3. just prior to a Consultant being hired to advise the organization.

Each participant will take away a memorable and potentially life changing experience from the program.

No limitations are being placed on who can attend. If you are interested in the Program Outcomes and Takeaways, or, feel you can benefit from the Organizational and Personal Benefits mentioned above - You are Invited to Register for this Program. Program Instructors have the knowledge, experience and access to resources required to customize the program to the specific job related needs of each program group.

Everyone with interest in Creating More Value in his Business Processes for Internal & External Customers (stakeholders).

·         Program is applicable to Any Organization and all Departments.

·         This program is particularly valuable to personnel with responsibility to Identify, Develop, Approve or Implement Strategic Improvement Plans and Initiatives in your Organization.

Language of  Instruction

Unless otherwise stated the program instruction is in Standard Day-to-Day English. Participants can request the instructor to provide a program vocabulary which will ensure they have no problem understanding the content.

Other language versions are being developed by our consultants and regional partners including program in French, German, Spanish and Arabic. Please do contact us for your specific language needs.

Registration Recommendations

Team Nominations: Since the program aims to ensure the participants have his individualized improvement plan at the end of the program, and foreseeing the effort involved, anticipating resistance and implementation requirements it is recommended that the organization nominate at least two participants together (three will be more desirable to allow for attrition) for this program.

It is anticipated that these 2 or more participants will work together as a team or provide mutual support in order to implement the action plan.

Single nominations will also be accepted for the program. Single nominations are typically used  to:-

1. Develop personnel skills in Critical Skills and Methodologies covered in this program.

2. Audit this program for deciding its content and methodology's effectiveness in meeting your organizational needs

3. Train individuals for Leadership Roles in Business unit or department. Here this program will help the participant coach and lead his team in these Critical Skills and Methodologies. (Program does not typically cover coaching skills but provides the related technical  understanding in an easy to communicate manner. )