The aim of this course is to equip participants with the knowledge and skills needed to apply value engineering principles and cost control methods in their projects, ultimately improving efficiency, cutting costs, and maximizing value.
This course delves deep into the concepts and applications of value engineering and cost control, emphasizing practical techniques to identify and eliminate unnecessary costs, optimize resources, and enhance value for organizations.
Target Group
This course is designed for Project Managers, Engineers, Cost Estimators, Financial Analysts, and any professionals involved in project planning, execution, and financial management.
Target Group: Professionals who are involved in project management, cost control, and value optimization in their organizations.
Goals
Understand and apply the principles and techniques of value engineering.
Implement cost control methods to manage and reduce project costs.
Utilize various tools and techniques for value analysis and cost optimization.
Develop and execute a Value Engineering plan.
Evaluate the performance and effectiveness of value engineering and cost control initiatives.
Adapt value engineering principles to different organizational contexts.
Target Competencies
Value engineering principles and techniques
Cost control methods
Cost optimization
Value analysis
Project management
Outlines
Understanding Value Engineering
Introduction to value engineering
Principles and benefits of value engineering
Value engineering process and stages
The role of the value engineering team
Value Analysis Techniques
Various techniques for value analysis
Application of Functional Analysis System Technique (FAST)
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