{"id":1731,"date":"2024-09-30T21:48:01","date_gmt":"2024-09-30T21:48:01","guid":{"rendered":"https:\/\/eiecentre.com\/Excellence\/?post_type=courses&#038;p=1731"},"modified":"2024-10-04T16:20:22","modified_gmt":"2024-10-04T16:20:22","slug":"advanced-value-engineering-ve-training-course","status":"publish","type":"courses","link":"https:\/\/eiecentre.com\/Excellence\/courses\/advanced-value-engineering-ve-training-course\/","title":{"rendered":"Advanced Value Engineering (VE) Training Course"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">In its broadest sense, value is the benefit a project offers the client. Value Engineering (VE) is a creative, organized approach that enables providers of a product, service, or project to engage proactively with stakeholders to ensure that project value is optimized, life-cycle costs are reduced, and unnecessary costs are eliminated. The VE value engineering methodology emphasizes the return-on-investment aspect of decision-making regarding benefits management during project planning, procurement, and execution.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Advanced VE value engineering enables design teams and organizations to identify and evaluate alternative ideas and solutions at any project phase. It avoids wasted design and investment effort and delivers the best value solutions that meet client requirements. VE value engineering is not about selecting the cheapest option; instead, it is about realizing the best value for money, improving organizations&#8217; productivity, competitiveness, and effectiveness, and stimulating innovation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This VE value engineering course is designed to provide the participants with expert guidance for securing real benefits and cost savings by implementing VE in their projects. It places a greater emphasis on developing project scope, cost estimates, design solutions, and budgets. The advanced VE value engineering training course significantly enhances creative thinking, problem-solving, objective assessment, and informed decision-making skills within project management.<\/span><\/p>\n<h2><\/h2>\n<h2><span data-preserver-spaces=\"true\">Course Objectives:<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Upon the end of this advanced VE value engineering course, the participants will be able to improve:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Understand the fundamental concepts of value engineering and how it supports effective project management by providing a continuous thread of good practice throughout the project development process.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Gather and organize information and costs relevant to critical elements of the project.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Learn how to capture and incorporate stakeholders&#8217; input in developing the project charter and plan.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Critically assess and evaluate the relationships among critical attributes such as cost, value, and function.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Report effectively to top management and project stakeholders in the context of proposing alternatives that improve the overall project value.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Objectively present a convincing case in support of specific project alternatives.<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\">Targeted Competencies:<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">By the end of this advanced VE value engineering training, the participant&#8217;s competencies will be able to:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Value Techniques.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Budget Analysis.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Life Cycle Costing.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Project Management.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Risk Management.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Cost estimation.<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\">Course Content:<\/span><\/h2>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 1: Framework for Applying Value Engineering in Projects:<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">What is Value?<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">What is Value Engineering? Why is it important?<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Defining Value Engineering concepts and principles.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">How and when is Value Engineering applied?<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Project stakeholders analysis and management.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Understanding teamwork and cross-functional Project Teams and team player styles.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 2: The Function Analysis Phase &#8211; Expressing Project Functional Needs and Constraints:<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Overview of Different Value Engineering Phases\/Job Plans.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Information Phase \u2013 steps and procedures.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The need for Function Analysis in projects.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Develop FAST Diagrams to identify critical project components and perform project value analysis.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Defining project constraints \u2013 relationships and trade-offs<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Aspects of Cost Estimating.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 3: The Creative Phase &#8211; Inspiring Creativity in Your Project Team:<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Risk Management.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Relationships between Value, Cost, and Worth.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Facilitation skills.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Creativity and Creative thinking within the project environment.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Creativity techniques are applied to optimize project value.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Blocks to creativity within the project team.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 4: The Evaluation Phase &#8211; Making Informed Project Decisions:<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Reaching consensus and leveraging the power of project team collaboration.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Idea selection.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Evaluation methods and value criteria.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Development phase.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Techniques in problem-solving.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Life-cycle costing analysis.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 5: The Planning and Reporting Phases &#8211; Getting Results Through Effective Communication:<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Effective Decision-making in a project environment.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Develop action plans and assign project roles and responsibilities.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Reporting VE findings to Senior Management and project stakeholders.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Integrating VE into the project process and Continuous Improvement and application at project initiation.<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\">Conclusion:<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Upon completing this advanced VE value engineering training course, participants will be equipped with the necessary skills to implement value engineering strategies effectively.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Participants in this VE value engineering course will understand what value engineering entails, including value analysis and life-cycle costing, positioning them firmly for obtaining a value engineering certification.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This certification in VE value engineering will attest to their proficiency in the principles and applications of VE and signal prospective employers that they have the enhanced capability to drive value maximization in engineering projects.<\/span><\/p>\n<p><a class=\"course-btn\" href=\"https:\/\/eiecentre.com\/Excellence\/en\/fill-form\/\"> Enroll Now <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In its broadest sense, value is the benefit a project offers the client. Value Engineering (VE) is a creative, organized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1733,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"course-category":[199],"course-tag":[],"class_list":["post-1731","courses","type-courses","status-publish","has-post-thumbnail","hentry","course-category-mastering-project-management-professional-certification"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Advanced Value Engineering (VE) Training Course - Excellence<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eiecentre.com\/Excellence\/courses\/advanced-value-engineering-ve-training-course\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Advanced Value Engineering (VE) Training Course - Excellence\" \/>\n<meta property=\"og:description\" content=\"In its broadest sense, value is the benefit a project offers the client. 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