Value Engineering Event
A proven systematic approach to project, product, process and strategy development and improvement using the techniques of Value Engineering, Creativity Enhancement, and Visual Thinking to achieve an innovative value-based solution during the design phase or after the product, project or process has entered production. Using our highly skilled facilitators as the catalyst that leads your team to real innovation. It is a creative, function-orientated, cross-functional team approach to providing innovation and optimizing value in a product, project or service.
And it works.
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Value Engineering in Manufacturing
Is your company an idea factory?
The Value Proposition: providing high quality, well designed products at low prices.
We are living in a world of accelerating change, higher environmental risks and slower growth. Easily distracted customers pursue the Value Proposition. Yesterday’s competitive battle was the United States vs. Japan vs. European Union vs. the developing world. Today’s battle is focused on the Value Proposition: the implementation of creative ideas:
- Challengers vs. market leaders
- Disruptive technologies vs. developed products and processes
- The power of market share vs. the power of imagination
The temporary becomes the rule. Economist Joeseph Schumpter's concept of creative destruction is the order of the day. Companies need a combination of internal and external growth that creates real value for the organization. The difference between what can be imagined and what can be accomplished is disappearing. Our only limit is our imagination, and coupled with the Value Methodology, it can be our greatest strength. The only way to insure real growth is to differentiate oneself with innovative new products, services and processes. Creativity and innovation have become mission-critical business skills for coping with a world of accelerating change.
An accelerating pace of change requires an accelerating pace of innovation. To be successful in this environment a company must master the challenge of maximum efficiency on one hand and outstanding innovation on the other.
Real innovation is the only way to escape the devastating competition that has been driving down margins in industry after industry. The only way to accodomate reduced budgets and increasing demands. Innovation is a company’s most promising long and short term investment and it's path to getting and staying anywhere near the top of increasing demands for performance. Success requires the relentless pursuit of value adding improvements that continue to drive growth. If creative ideas aren’t developed, they aren’t going to get implemented.
Whatever the risks inherent in creativity, they’re minimal compared to the risks of stagnation. It’s useless to talk about creativity and then retain processes that deaden the imagination and spirit. We can help you to achieve these objectives with proven Value Management processes that tackle the very factors that control your profitability.
- Develop new products that are truly innovative and meet cost targets.
- Create and implement innovative strategies that allow you to leapfrog the competition.
- Strengthen existing designs and reduce costs.
- Utilize a multi-disciplined focused high performance team approach.
- Build a stronger, more competitive organization through innovation.
We offer the following workshops to incorporate the VM process into your manufacturing project:
- Concept Value Management Session
- Classical Value Engineering Session
- High Creative Value Engineering Session
Value Management. It works.
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Value Engineering in Construction
Value Engineering studies in construction save millions
Construction projects face many challenges: budget constraints, safety issues, and environmental impact requirements. By applying the Value Methodology to construction projects, State and Federal agencies saved U.S. taxpayers $1.4 billion in 2003 with improvements in the following areas:
- Early stage project definition: Design-Build project delivery.
- Develop innovative solutions
- Reducing project construction costs
- Decreasing operation and maintenance costs
- Simplifying procedures
- Improving project schedules
- Reducing waste
- Increasing procurement efficiency
- Using resources more effectively
- Meeting federal and state laws requiring VM
We use a focused, creative Value Engineering approach to drive the VE team toward the results you need. We use Life Cycle Costing methods and analysis to provide you with a consistant high quality output that sells itself.
The Value Methodology enhances cost effectiveness and functionality in the following arenas:
- Design-Build project definition, partnering & communication
- New building construction projects
- Modifications to existing projects
- Over budget issues
- Behind schedule issues
- Brownfield projects
Value Engineering can be utilized during the feasibility, design, construction and occupancy phases of a project to optimize the overall project value to all stakeholders. It is particularly effective early in the project planning process. We offer the following workshops to incorporate the VM process into your construction project:
- Concept Value Engineering Session
- Value Based Design Charrette
- Classical Value Engineering Session
And it works.
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Value Engineering in Transportation
Value Engineering use equals cost-effective solutions in transportation
Value Methodology savings enable states to get more value from highway-construction dollars because the value savings remain with the states for use on other projects. The FHWA Value Engineering program realized a return on investment of $119 for every dollar spent. It's hard to argue with success like that.
We use a focused, creative Value Engineering approach to drive the VE team toward the results you need. We use Life Cycle Costing methods to provide you with a consistant high quality output that sells itself.
The Value Methodology enhances cost effectiveness and functionality in the following arenas:
- Public and private transportation systems
- Highway facilities and traffic control
- Regional transportation planning
- Airports and air transport
- Rail and bus facilities and systems
- Ports, waterways and shipping
- Intermodal stations and terminals
- Transportation data and communication
- Environmental impact
Value Engineering can be utilized during the feasibility, design, construction and operational phases of a project to optimize the overall project value to all stakeholders. It is particularly effective early in the project planning process and has been used effectively in Design-Build project delivery to involve all stakeholders in a consensus decision. We offer the following workshops to incorporate the VM process into your transportation project:
- Concept Value Engineering Session
- Value Based Design Charrette
- Classical Value Engineering Session
And it works.
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Value Engineering in the Environment
Value Engineering Use Improves the Environment
While countries such as the United States pass increasingly restrictive environmental laws, industrial and governmental organizations face increasing pressures. They must deliver safe, effective solutions that are cost-effective as well.
The Value Methodology can achieve those objectives. In fact, U.S. Office of Management and Budget Circular A-131 requires use of the value methodology for wastewater-treatment projects that cost more than $10 million. VM use produces the following results:
- Early stage project definition
- Develop innovative solutions
- Involve all stakeholders in a consensus decision
- Quick, creative, effective solutions
- Optimized environmental impact
- Maximized resources
- Optimized construction expenditures
- Lower life-cycle costs
- Alternative technology discoveries
Collaboration produces results
Environmental stewardship requires a complex partnership between government, industry and the public at large. Citizens increasingly scrutinize environmental solutions in terms of their health issues, thoroughness and permanence of remediation techniques, and cost of services. Legislators, consumer groups, employers and health-care providers are divided on the overall effects of environmental crises.
These same groups focus on the future issue of environmental degradation, misuse of resources, potential hazards and the future effects of what is now considered safe to use. And no one wants to spend more than necessary to remediate disturbed environments.
We use a focused, creative Value Engineeering approach to drive the VE team toward the results you need. A multi-discipline Value Engineering team can include key stakeholders to insure a project solution that carries a high level of value and acceptance.
Providers of environmental services must deliver quality to retain certification of compliance while containing costs to ensure viability. The Value Engineering process can focus on eliminating waste, enhancing staff creativity and effectiveness, and lowering the costs of investigation, analysis, construction, operations and future maintenance while maximizing the effectiveness of environmental solutions to meet the needs of the public.
VM can be utilized during the feasibility, design, construction and operational phases of a project to optimize the overall project value to all stakeholders. It is particularly effective early in the project planning process and has been used effectively to identify and manage risk and involve all stakeholders in a consensus decision. We offer the following workshops to incorporate the VM process into your environmental project:
- Concept Value Engineering Session
- Value Based Design Charrette
- Classical Value Engineering Session
And it works.
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Value Engineering in Health Care
Efficient health care spending.
How to achieve this elusive goal. With large increases in health care costs continuing to outpace inflation by a factor of 3, all parties are desperate for a solution to constantly escalating costs. Cost effective health care is the goal everyone is pursuing.
Value Management can help.
Health-care providers such as hospitals, pharmaceutical companies and medical-equipment manufacturers can benefit from Value Engineering use. The Value Methodology can help health-care organizations by:
- Lowering operating and maintenance costs.
- Optimizing construction expenditures.
- Improve resource utilization
- Improving quality management
- Improving resource efficiency
- Simplify procedures
- Minimizing paperwork
- Lowering staffing costs
- Increase procurement efficiency
This is not about cheapening the process, product and facilities. Using the value methodology can help providers deliver quality while retaining patient volume and containing costs to ensure viability. The Value Management process can meet the goal of helping the customer by lowering operations and construction costs, improving the quality of care and developing a bond with the client. All while maintaining the level of quality critical to success in the health care arena.
Management and staff will benefit from their mutual efforts on a Value Engineering team to effect an increase in efficiency and effectiveness, lowered costs, and improved image to the client and other user groups. Involving health-care suppliers in the Value Management process can result in cost savings through a restructuring of supplier processes.
Value Engineering can be utilized during the feasibility, design, construction and operational phases of a building project to optimize the overall project value to all stakeholders. It is particularly effective early in the project planning process and has been used effectively to involve all stakeholders in a consensus decision. Administrative and process projects have been shown to greatly reduce costs and increase efficiency. We offer the following workshops to incorporate the Value Management process into your health care project or process:
- Concept Value Management Session
- Value Based Design Charrette
- Classical Value Engineering Session
And it works.
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Value Engineering in Defense
Effective Defense spending.
Value Engineering is the most effective tool available to achieve the Reduction in Total Ownership Costs (R-TOC) Initiative implemented by the Department of Defense. It has the potential to transform the way in which systems are developed, acquired, operated and supported. Value Engineering can control the ever incerasing costs of DoD systems while improving system readiness. The Value Methodology, used within the government and in partnership with industry, can improve quality, better manage program risk, and reduce cost across the Defense Department. DoD has documented more than $27 billion in Value Engineering savings in the past 20 years, $2.5 billion in FY02 alone!
The Value Methodology can achieve the following:
- Reduce System cost
- Improve System Quality
- Lowering operating and maintenance costs.
- Optimizing construction expenditures.
- Improve resource utilization
- Improving resource efficiency
- Increase procurement efficiency
- Simplify procedures
- Minimizing paperwork
- Lowering staffing costs
This is not about cheapening the weapon system, process, or facilities. Using the Value Methodology can help providers deliver the high quality systems our Armed Forces require while retaining system readiness. The Value Engineering process can meet the goal of achieving the Reduction in Total Ownership Costs Initiative while helping the contractor by lowering design and build costs, and developing a bond with the procurement agency. All while maintaining the level of quality critical to success in the defense environment.
DOD personnel and contractor staff will benefit from their mutual efforts on a Value Engineering team to effect an increase in efficiency and effectiveness, lowered costs, and improved image to the acquiring agency and other procurement authorization and monitoring groups. Involving defense contractors in the VM process can result in cost savings through the VECP process.
Value Engineering can be utilized during the feasibility, design, build and operational phases of a defense system project to optimize the total overall project value to all stakeholders. It is particularly effective early in the project planning process and has been used effectively to involve all stakeholders in a consensus decision. System maintenance and operational projects have been shown to greatly reduce costs and increase efficiency. We offer the following workshops to incorporate the Value Management process into your DOD project or process:
- Concept Value Engineering Session
- Value Based Design Charrette
- Classical Value Engineering Session
And it works.
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