Who Should Attend?

Any body with interest in Value Engineering of his Business Processes.

Program is applicable to all Departments.

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

Euro Training Credentials…

Euro Training Ltd has been providing world-wide training in Practical Estimating and Cost Control for the last 15 years. The participants list for Euro Training programs includes most of the Fortune 500 Companies, Oil Exploration, Production & Refining Companies, Business Groups, Ministries, Major Consultants and Contractors – References available on request.

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 processes so as to help take your organization towards its Strategic Objectives".

PROGRAM CONTENT

• The Value Engineering (VE) Concept

• "What is Value for your Organization"

  • Key Strategic Initiatives

  • Internal & External Customer Expectations

• 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.

For Latest Program Schedule Email:

    vae501@EuroTraining.com