By the end of this course delegates will be able to:

• Understand the fundamentals of Value Engineering and its role in cost reduction and performance improvement.
• Learn the systematic VE process and apply function analysis techniques.
• Identify and evaluate alternative solutions for maximizing value.
• Develop cost-effective strategies without compromising quality.
• Gain hands-on experience in implementing VE in real-world scenarios

This course is designed for:

• Engineers, project managers, and designers.
• Procurement and supply chain professionals.
• Cost estimators and financial analysts.
• Business managers and decision-makers.
• Anyone involved in improving product or process efficiencies.

 Day 1: Introduction to Value Engineering

• Overview of VE and its benefits
• History and development of VE
• Core principles of value and function analysis
• VE vs. Cost Reduction vs. Quality Control
• Case studies of successful VE applications

Day 2: The Value Engineering Process

• VE job plan (Preparation, Function Analysis, Creative, Evaluation, Development, Presentation, and Implementation)
• Identifying and defining functions
• Function analysis techniques (FAST diagrams)
• Workshop: Applying function analysis to a project

Day 3: Creative Phase & Alternative Solutions

• Brainstorming and creative problem-solving
• Identifying alternative solutions
• Evaluating alternatives using cost-benefit analysis
• Case studies on cost-effective solutions

Day 4: Decision Making & Implementation

• Techniques for evaluating VE proposals
• Risk assessment and feasibility studies
• Presenting VE recommendations to stakeholders
• Developing an implementation strategy

Day 5: Practical Applications & Workshop

• Real-world case studies and group exercises
• Hands-on VE workshop on a selected project
• Best practices for sustainable VE implementation
• Final review, discussion, and Q&A session

This course provides a structured and practical approach to Value Engineering, ensuring that participants can apply VE principles effectively in their work environments.

CDGA attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration