PM0436 : Value Engineering

 This practical and highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using “MS-Excel” applications. Value Engineering is a structured, function-oriented approach to cost reduction which yields savings without compromising quality, performance or usefulness. In fact, the design alternatives developed through the value engineering process invariably result in significant cost savings with equal or improved functional value. 
A knowledge and understanding of the value engineering methodology is becoming increasingly important to construction professionals. More industries and corporations than ever before using Value Engineering to realize the greatest value from limited financial resources. Within the worldwide construction industry numerous and other bodies involved in design or construction are including contractual requirements for VE studies on their projects. 
The course has been designed to appeal to individuals in all areas of the construction industry. Owner representatives, planners, architects, suppliers and other decision-makers can all benefit by the learning process and techniques of Value Engineering. As an integral part of this VE training course, you will participate in an actual value engineering team study working on a real construction project to help you gain an indepth understanding of how and why Value Engineering gets results. During the intensive instruction and “hands-on” effort, you will be shown how value engineering can work for you, in your organization and on your particular projects.