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The objective of these courses is to convey to the participant the successful method of conducting a Value Engineering session and to improve the professionals Value Management skill-set. A focus on classical Value Engineering techniques with emphasis on successful techniques for the specific application is presented. The multidisciplinary team approach and the Function Analysis process are core foundational elements. A focus on creativity and innovation is a continuous thread throughout all courses. These seminars are particually effective when presented to associates of a single organization as the focus can be directed at that organizations core activity.
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Module 1 Training
Course description: The course is designed to provide a basic foundation in the concepts of Value Management. It is presented as a mixture of foundational lectures and an application portion in the form of a workshop that replicates an actual VM study.
- Provide Value Management education to the degree that individuals will be able to successfully participate in future value studies with minimal additional training
- 40 hours
- SAVE approved
- Live project - Actual business case
- Product focus: Consumer product
- Process focus: Environmental
- Project focus: Construction or Transportation
- AVS exam is offered at the course conclusion
The objective of this course is to introduce the concept of Value Management and demonstrate its application and techniques. It is directed to those new to the discipline with emphasis placed on the practical application of Value Methodology techniques to improve the value of any project, whether it is concerned with a facility, product, service or management procedure. Project managers in public and private organizations will find this course particularly useful. Upon successful completion the participant will have achieved the following:
- Accurately use the terminology of Value Management to describe and define the Value Methodology, its uses, benefits, and characteristics.
- Demonstrate an understanding of the history, development, and tools of Value Methodology.
- Explain in detail the key concepts of value, cost, and performance; identify how these concepts affect projects in their area of expertise; apply techniques to define and improve the value of their project.
- Develop a thorough understanding of the Value Methodology Job Plan and the application to each phase of the Job Plan including: Pre-Event, Information, Function Analysis, Creative, Evaluation, Development, Presentation, and Implementation.
- Use Value Management’s technical tools and techniques applicable to each of the above stages. These include: Function Analysis and FAST diagramming, costing methods and approaches, communications and facilitation techniques for multi-disciplinary teams, creativity techniques, evaluation techniques, alternative analysis, presentation techniques, and change management techniques.
- Perform as a member of a Value Engineering team.
- Receive a SAVE MOD 1 Certificate
The actual material to be covered is as follows:
- Value Engineering History
- Value Methodology Theory
- Job Plan
- Cost Models
- Function Analysis Phase
- Creative Phase
- Evaluation Phase
- Development Phase
- Presentation Phase
- Post Study
- People Skills
- Workshop Project
At the course conclusion it is possible to sit for the SAVE AVS exam. Reference the Contact page of this site for additional information.
This course is offered in both a 4 day 40 hour and a 5 day 40 hour version. Both versions are SAVE approved Mod 1 courses.
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Module 2 Training
Course description: The course is designed to provide an advanced foundation in the concepts of Value Management. It is presented as a mixture of advanced lectures and discussion of industry applications.
- Extend the knowledge base of those wishing to apply the Value Methodology as a professional in the Value Management field
- 24 hours
- SAVE approved
The objective of this seminar is to provide advanced training to people who can lead Value Engineering workshops. Therefore, most of the course deals with leadership skills to ensure group effectiveness during Value Engineering studies, positive group dynamics within Value Engineering teams and the effective use of information. In addition, participants in Module II will explore ways to improve cohesiveness, creativity and communication skills within Value Engineering teams.
The course also broadens and re-enforces each participant’s understanding of Value Engineering job plans, function analysis, FAST diagramming and function relationships with cost and other metrics. Because leaders make key decisions about projects, Module II covers topics related to the overall performance of Value Engineering studies: project team selection, creativity processes, financial evaluation and interpersonal leadership skills. Come prepared to discuss these topics and many others. Many want to learn how the Value Methodology relates and integrates with other value improving techniques, such as Six Sigma, DFMA, Lean Manufacturing and Theory of Constraints. This seminar is intended to be an open dialoge and all in attendance will be encouraged to participate.
The actual material to be covered is described as follows:
- Project/Team Structure
- Job Plans
- Function Analysis and FAST Diagramming
- Creativity Processes
- Financial Evaluation
- Interpersonal Skills
- Value Management Issues
- Receive SAVE MOD 2 Certificate
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VE in One Day
Course description: The course is designed to provide a basic foundation in the concepts and application of Value Engineering for project managers and those that will participate on a Value Engineering team and do not require certification. Understand the theory behind the Value Methodology process and the critical difference between the Value Methodology and the rest. It addresses the issue of how to plan and support a successful Value Engineering program utilizing best practices. What resources are required when, staffing, support and the expected outcome of a session. Benchmarking review of Value Methodology. It is presented as a mixture of foundational lectures with an application portion.
- Provide Value Engineering intensive education to individuals to insure an understanding of the process and the requirements to insure a successfull Value Management program.
- Function Analysis, Cost Worth, Fast, the Job Plan all in one day
- How to start and maintain a successful Value Management program
- Plan and organize a successful Value Engineering session
- 8 hours
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VE/VECP: (1 day)
Course description: A description of the application of VE to Government contracts as described in FAR Part 48: Value Engineering, and FAR part 52: Solicitation Provisions and Contract Clause. This workshop discusses the VECP process in detail, including several examples of how to calculate the savings split and typical applications. Additionally the workshop covers the option for the contract to require a traditional VE workshop(s) to generate identified savings ideas that would be split between the Government and the contractor. The VE workshop is a powerful tool to generate a large number of immediate savings ideas at any time during the life of a contract that benefit both the contractor and the Government.
VE/VECP: Contractual Aspects of Value Engineering (3 day)
This course combines the emphasis of the VECP with an understanding of the power of an early stage VE workshop required in the contract to generate maximum savings. This is highly recommended for Contracting Officers to gain a full understanding of the power of the VE process. The Introduction to VE component fully explains how to organize the VE workshop and write the contract with existing FAR language to require a workshop early in the life cycle of the program to ensure that maximum savings are achieved. This approach makes VE happen, as opposed to waiting for the contractor to submit a VECP.
To ensure the effectiveness of the CO as they make key decisions about projects, this course covers topics related to the overall performance of VE studies: pre-workshop preparation, the identification of relevant performance targets, and project team selection.
This course is based on the latest DOD Value Engineering a Guidebook of best practices and tools: SD-24.
Deliverables:
1. Provide VE intensive education to individuals to insure an understanding of the process and the requirements to insure a successful VE program.
2. Pre-Event exercise (what needs to be done, VE preparation).
3. Function Analysis/ FAST diagramming training exercise
4. Achieving successful project implementation
5. Basic VEP and VECP theory training
6. Review of FAR VE applications
7. VECP application examples
8. VECP/VE workbook for each participant
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Life Cycle Costing
Course description: This course reviews the financial aspects of a Value Engineering study and the objective of the development stage to select and prepare the best alternatives for value improvement. It is presented as a mixture of foundational lectures with an application portion.
- The review of project feasibility and the concept of risk are discussed. A review of cost terminology is included
- The time value of money and the concept of net present value are discussed with various examples presented. A discussion of the techniques of life cycle cost analysis and various formats for presentation
- Uniformat and CIS cost models are presented
- Real vs. paper cost savings, and the pitfalls of claimed savings in various environments
- 10 Hours
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FAST Diagramming
Course description: This course is designed to provide an advanced foundation in the concepts of Function Analysis and FAST diagramming. It is presented as a mixture of advanced lectures and discussion of industry applications.
- The technique of identifying the active verb and measurable noun are discussed and the difficulties encountered in function identification
- The link between function analysis and creativity is discussed and individual experiences are highlighted
- The six questions of function analysis are discussed
- Function cost /function worth are reviewed along with the value index concept and the technique of paired comparisons
- The link between function identification and FAST diagramming is discussed
- An in-depth discussion of function models and their application, specifically the classical, technical and customer/task versions and the various rules and components required to create a FAST diagram
- When to use the various diagrams
- Incorporating cost and schedule data into the FAST diagram
- The role of the facilitator
- 10 hours
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Upcoming Training Events
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2011- 2012 Training Schedule
Contact us with your requested location and seminar
Register early, workshops with inadequate participation are rescheduled
On-Site training is available:
- Module 1: Fundamentals of Value Engineering
- Product focus: Consumer product
- Process focus: Environmental
- Project focus: Construction or Transportation
- Module 2: Advanced Value Engineering
- VE in One Day
October 2011:
Philadelpia, PA (area): October 10-13, 2011, Save Certified Module 1 workshop & AVS exam (Process-Environment)
Philadelphia, PA (area): October, 14, 2011, VE in One Day
Raleigh NC: October 24-26, 2011, Save Certified Module 2 workshop & CVS review
November 2011:
Raleigh, NC (area): November 7-9 2011, VE ifor Contracting Officers
Raleigh, NC (area): November 14-17 2011, Save Certified Module 1 workshop & AVS exam (Product)
Raleigh, NC (area): November 18, 2011, VE in One Day
December 2011:
Nashville, TN (area): December 5-8 2011, Save Certified Module 1 workshop & AVS exam (Project-Construction)
Nashville, TN (area): December 9 2011, VE in One Day
January 2012:
Raleigh NC (area): January 9-12, 2012, Save Certified Module 1 workshop & AVS exam (Process-Transportation)
Raleigh NC (area): January 13, 2012, VE in One Day
Raleigh NC (area): January 23-25, 2012, Save Certified Module 2 workshop & CVS review
February 2012:
Raleigh NC (area): February 6-9, 2012, Save Certified Module 1 workshop & AVS exam (Process-Environmental)
Raleigh NC (area): February 10, 2012, VE in One Day
Raleigh, NC (area): February 20-22 2012, VE ifor Contracting Officers
March 2012:
Seattle, WA (area): March 12-15, 2012, Save Certified Module 1 workshop & AVS exam (Project -Construction)
April 2012:
Raleigh, NC (area): April 16-19, 2012, Save Certified Module 1 workshop & AVS exam (Product)
Raleigh, NC (area): April 20 2012, VE in One Day
Raleigh, NC (area): April 23-25 2012, VE ifor Contracting Officers
May 2012:
Baltimore, MD (area): May 14-17, 2012, Save Certified Module 1 workshop & AVS exam (Project-Transportation)
Raleigh, NC: May 21-23, 2012, Save Certified Module 2 workshop & CVS review
June 2012:
Raleigh, NC (area): June 18-21, 2012, Save Certified Module 1 workshop & AVS exam (Project- Construction)
Raleigh, NC (area): June 22, 2012, VE in One Day
July 2012:
Chicago, IL (area): July 9-12 2012, Save Certified Module 1 workshop & AVS exam (Process - Environment)
Raleigh, NC (area): July 23-25 2012, VE ifor Contracting Officers
August 2012:
Raleigh NC (area): August 13-16, 2012, Save Certified Module 1 workshop & AVS exam (Product)
Raleigh NC (area): August 17, 2012, VE in One Day
Raleigh, NC: August 20-22, 2012, Save Certified Module 2 workshop & CVS review
September 2012:
Denver, CO (area): September 10-13 2012, Save Certified Module 1 workshop & AVS exam (Project-Transportation)
October 2012:
Raleigh NC (area): October 15-18, 2012, Save Certified Module 1 workshop & AVS exam (Process-Construction)
Raleigh NC (area): October, 19, 2012, VE in One Day
Raleigh NC: October 22-24, 2012, Save Certified Module 2 workshop & CVS review
November 2012:
Williamsburg, VA (area): November 12-15 2012, Save Certified Module 1 workshop & AVS exam (Process - Environmental)
Raleigh, NC (area): November 26-28 2012, VE ifor Contracting Officers
December 2012:
Raleigh, NC (area): December 3-6 2012, Save Certified Module 1 workshop & AVS exam (Product)
Raleigh, NC (area): December 7 2012, VE in One Day
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