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Value Engineering and Value Analysis for Construction
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Value Engineering and Value Analysis for Construction

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Value Engineering and Value Analysis for Construction

Value Engineering, (VE) and Value Analysis (VA), are processes of Value Management, (VM), that is described in BS EN 12973:2000. The Office of Government Commerce, (OGC), requires VM to be used at various stages of capital project development to achieve best value and more generally VM can help develop develop better and more effective managers, project managers and decision makers.
This course places Value Engineering and Value Analysis in the correct context of Value Management and concentrates on how these processes are applied to achieve Value for Money and efficient project development.

Learning outcomes:
To achieve an enhanced understanding of Value Management and how it aids the identification of Best Value projects at minimum cost consistent with required project functionality.
To understand how Value Management supports effective project management by providing a continuous thread of good practice throughout the project development process.
Aims and Objectives:
Learn the principles of Value Management, Value Engineering and Value Analysis
Understand the principles of Value and Function
Understand the British Standard for Value Management, National & International practice
Know how VE/VA is applied within the context of a project control framework
Know how to achieve successful VM for the organisation and for projects

Course Outline:
History, development and benefits of Value Management
The concepts of Value and Function
Understanding the terminology
Key principles and processes of Value Management/Engineering and applications by leading organisations
Undertaking Value Engineering/Value Analysis - Case Study
Methods and tools (Function Analysis, Creativity, Evaluation and others)
Deploying Value Engineering and Value Analysis
Achieving a qualification in Value Management

A Classroom course provided by Symmons Madge Associates Ltd. in Belfast, Birmingham, Bristol, Cardiff, Dublin, Exeter, Glasgow, Slough, United Kingdom

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