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DAY-1
1. Introduction and Background of Value Engineering
- Definition of Value Engineering.
- All Designs Have Unnecessary Costs.
- The Reasons Poor Value Occurs
- Background and History of Value Engineering
2. Habits, Roadblocks and Attitudes
- Habits
- Attitudes
- Roadblocks
- The Power of a Positive Attitude
3. The Value Engineering Job Plan
- Introduction
- Reasons for Using The Job Plan
- The Job Plan
4. Function Analysis
- Function and Its Role in Achieving Value
- Criteria Used to Evaluate Value
- Function: An Approach to Obtaining Value
- Quantifying Function in Terms of Its Cost and Worth
- Graphical Function Analysis
- Evaluate by Comparison
- Advantages of Function Analysis Approach
- Functional Analysis Systems Technique (FAST Diagramming)
DAY-2
5. Managing the Value Engineering Study
- Why the Program Works
- The Relationship Between Owner-Designer and Value Engineering Consultant
- Who Influences the Cost of a Project?
- Facility Life-Cycle Process
- Who Influences the Cost of a Project?
- When is the Owner Ready for Value Engineering?
- Staffing and Structuring Teams for a VE Study
6. Cost Modeling
- Cost Validation
- Cost Estimating
- Cost Models
7. Life-Cycle Costing
- Definition of Life-cycle Costing
- Purpose and Implications of Life-cycle Costing
- Economic Principles Used in Life-cycle Costing
- Using Life-cycle Costing as a Tool
8. Value Engineering Case Study: Engineering Management Building
- Building Requirements
- Description of Project
- VE Project Team
- Description of VE Workshop
- Examples of VE Recommendations
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