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Value Engineering in Projects

This document provides an agenda for a 3-day workshop on Value Engineering and Value Management. The workshop will be led by an expert in Value Engineering and will provide techniques and tools to apply Value Improvement Practices to engineering projects. Participants will learn about functional analysis, defining value, considering alternatives, and developing recommendations to enhance decision making and ensure successful project completion within time and budget. The agenda includes sessions on value terminology, integrating teamwork, information gathering, functional analysis, and the creative and evaluation phases of value engineering.

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Wael Zewein
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0% found this document useful (0 votes)
124 views6 pages

Value Engineering in Projects

This document provides an agenda for a 3-day workshop on Value Engineering and Value Management. The workshop will be led by an expert in Value Engineering and will provide techniques and tools to apply Value Improvement Practices to engineering projects. Participants will learn about functional analysis, defining value, considering alternatives, and developing recommendations to enhance decision making and ensure successful project completion within time and budget. The agenda includes sessions on value terminology, integrating teamwork, information gathering, functional analysis, and the creative and evaluation phases of value engineering.

Uploaded by

Wael Zewein
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 6

AMABHUBESI

Presents Another World-Class Workshop

CONFERENCING & TRAINING


In Association with Beaver and Beaver Management Solutions (Pty) Ltd

Guidelines and principles of Value Management (VM) And Value Engineering (VE)

Value Engineering in Projects


Kurt J Huber,

Understanding the application and advantages of Value Engineering in order to identify core problem areas and designing cost effective solutions

Course Leader:
Pr Tech Eng. CVS (Life) and expert in Value Engineering and Value Management, VM Services PTY Ltd

PMI will awar d Category 4: 24 CPU points (1 per course hour) ECSA (SAIMec 0222-02/11) hE award Categorwill y 1: CPD points 3

Key learning outcomes, insights and takeaways, include:


Introduction to the VM/VE terminology, concepts and benets as applied in the engineering design and project management applications Integrating human dynamics and teamwork to ensure successful alignment Functional thinking: Ensuring proper data preparation to develop a comprehensive understanding of the project or proposal and outlining the desired objectives Information gathering and sharing: Explaining the main concepts, project objectives, design constraints, specications and estimated costs Dening functional signicance: Identifying major project components, determining their functions and assigning an estimated cost to each component Creative phase: Considering alternatives for each selected project function and advocating alternative means of accomplishing the function within the project Evaluation phase: Analysing and investigating ideas generated in the creative phase Investigation phase: Further ensuring correct decision making by measuring recommendations against cost justication models Presentation phase: Preparation of effective recommendations to enhance the decision making quality Implementation and project follow-up Discussion on VM/VE applications utilised in Strategic and Operational Applications (Case Studies)

This course will equip you with the most essential tools and techniques to effectively apply Value Improvement Practices (VIPs) such as process simplication and technology selection to ensure successful project completion.

20 22 September 2011
Cabanga Conference Centre, Northgate, Johannesburg

Click here to go to our website: www.amabhubesi.com


Tel: +27 11 326 0353 Fax: +27 11 326 0354
EDUCATION, TRAINING AND DEVELOPMENT PRACTICES SECTOR EDUCATION AND TRAINING AUTHORITY ACCREDITATION NUMBER: 10386

Value Engineering in Projects


Your benets of attending this 3-day highly interactive PMI certied course:
Engineering projects remain some of the most complex projects undertaken at any point in time. The vast majorities of projects span years and frequently go through a myriad of issues ranging from cost over - runs to shortages in materials or manpower. As organisations try to limit their risks and exposures in a new economy, it puts immense pressure on project managers to deliver their projects within time and budgets. Achieving built-in value in the most cost efcient way is key to the project manager. Good time management leads to efciency in functionality, especially in turbulent times. Cost efcient projects, consistent with required performance, reliability and quality can be simplied by incorporating Value Engineering at the early design stage of a project. This course will equip you with the most essential tools and techniques to effectively apply Value Improvement Practices (VIPs) such as process simplication and technology selection to ensure successful project completion. This comprehensive, highly practical course will over 3 days delve into the more practical aspects of engineering project management. As a highly interactive PMI certied course, it will impart real time, practical knowledge to all delegates. As South Africa is going through a slew of infrastructure capacity raising projects, it would be the right time for project managers to be at the course and update themselves on the latest tools and techniques.

Who should attend?


Engineering Project Manager Engineering Manager Design & Development Manager Design Engineer Project Engineer Senior Engineer Principle Engineer Divisional Group Engineering Manager Area Project Manager Technical Services Manager Civil Engineer Plant Engineer

Click here to go to our website: www.amabhubesi.com

Value Engineering in Projects

Programme Agenda Day 1


08h00 Registration and Early-morning refreshments 08h45 Facilitators opening remarks 13h30 SESSION 3:

Kurt J Huber

Pr Tech Eng. CVS (Life) and expert in Value Engineering and Value Management VM Services PTY Ltd

Functional thinking: Ensuring proper data preparation to develop a comprehensive understanding of the project or proposal and outlining the desired objectives

09h00 SESSION 1:

Introduction to the Value Engineering (VE) terminology, concepts and benets as applied in the engineering design and project management applications

Determine the purpose of a VE intervention Discussion on who should be involved in the VE study, workshop, session Planning of VE study, workshop, session Duration Venue Agenda

15h00 Mid-afternoon refreshments 15h00 SESSION 4:

Dening VE as a tool to optimise value by prioritising all functions within a project or challenge to identify how best to achieve value-added outcomes Understanding the benets that can be achieved by implementing VE in the early design stages of a project Learning various advantages and applications of VE on strategic, tactical or technical opportunities in projects Dening the Value Engineering think plan Introduction to Value Improvement Practices (VIPs)

Information gathering and sharing Explaining the main concepts, project objectives, design constraints, specications and estimated costs

10h30 Mid-morning refreshments & networking 11h00 SESSION 2:

Intergrating human dynamics and teamwork to ensure successful alignment


Various tools and techniques for gathering and sharing information to establish greatest cost saving potential or improvement Paretos Principle (80-20) Value Inuence Curve Gathering information Listing of Issues and Concerns Determining required outcomes by applying the Objective Matrix Objective Setting Outcomes to achieve Outcomes to prevent Obtainable resources Possible constraints

16h00 Chairmans closing remarks 16h00 Close of Day 1

Understanding the complexities of interactive forces at work in groups Establishing the practicalities and techniques that will ensure free ow of information in teams Managing change through the development and application of a specic course of action to ensure constructive permanent improvement Sigmoid Curve First Order Change and Second Order Change Paradigms / Mindset Application of Johari window principles to improve sharing skills Value Systems Gaining maximum benet from your team diversity

Day 2
08h00 Registration and Early-morning refreshments 08h45 Facilitators opening remarks

Kurt J Huber

12h30 Lunch

Pr Tech Eng. CVS (Life) and expert in Value Engineering and Value Management VM Services PTY Ltd

Click here to go to our website: www.amabhubesi.com

Value Engineering in Projects

Programme Agenda Day 2 cont...


09h00 PRACTICAL SESSION: 15h15 PRACTICAL SESSION:

FAST Diagramming

VE Session Planning and Setting of Objective Small Teams will create a purpose statement, determine correct participation, list issues and concerns and establish a clear objective including environmental inuences.
10h30 Mid-morning refreshments & networking 11h00 SESSION 5:

FAST signicantly contributes to the function analysis phase of the Value Engineering process by graphically mapping out the functions in a FAST diagram. It has developed into a simple yet effective tool for evaluating existing procedures and components to nd more cost effective answers to problems

16h00 Feedback Session:

Discussion on the practical applications


16h25 Facilitators closing remarks 16h30 Close of Day 2

Dening Functional Signicance: Identifying major project components, determining their functions and assigning an estimated cost to each component
Describing correct functional terms for business needs and / or products, systems, processes Tools and techniques to assess the signicance of information gathering in order to identify specic areas to be addressed Numerical Evaluation and Cause and Effect Graph FAST Diagram (Functional Analysis System Technique) Identifying types of information required to suite the stage of the projects Establishing the purpose to produce accurate and consistent group information, that will satisfy group and business units needs Determining basic and secondary functions and assigning estimated cost to each component Measuring value as a ratio of Function to Cost to visibly expose the functional costs while maintaining clarity of functional priorities and duplication

Day 3
08h00 Registration and Early-morning refreshments 08h45 Facilitators opening remarks

Kurt J Huber

Pr Tech Eng. CVS (Life) and expert in Value Engineering and Value Management VM Services PTY Ltd

09h00 SESSION 6:

Creative Phase - Considering alternatives for each selected project function and advocating alternative means of accomplishing the function within the project

12h30 Lunch 13h00 PRACTICAL SESSION:

Function Identication & Numerical Evaluation

Differentiating between digital and analogue processing in order to stimulate creativity Creating an organisational environment that will support innovation and free ow of ideas Stimulating idea generation and creativity by using different resourceful techniques such as: Brainstorming Creative Synthesis Lateral thinking Random word

Small Teams will identify the functional requirements for achieving the Objective. An evaluation of the functions against priority will show results based on Paretos Principle (80-20).

09h45 SESSION 7:

Evaluation phase - Analysing and investigating ideas generated in creative phase


Exploring scoring techniques to provide evaluation solutions that will assist in the

Click here to go to our website: www.amabhubesi.com

Value Engineering in Projects

Programme Agenda Day 3 cont...


listing of advantages and disadvantages of generated ideas Decision Analysis Perspective Modelling Matrix Concept repertoire Life Cycle Cost Modelling

15h15

Discussion on Value Engineering Applications utilised in Projects


Container Terminal Expansion (Logistics) New Process Plan t ( Mining) On Shore / Off Shore Facility Expansion Project (Oil / Gas) Product Optimisation (Automotive)

10h30 Mid-morning refreshments & networking 11h00 SESSION 8:

16h00 Facilitators closing remarks 16h15 Close of Training Course

Investigation Phase: Further ensuring correct decision making by measuring recommendations against cost justication models

Discussion on cost benet and other investigation techniques Feasible study Life Cycle Cost Modelling NPV Dening the Risk Assessment process to evaluate the probability and effect of an identied adverse consequence and/or potential problem

12h00 PRACTICAL SESSION:

Risk Assessment (to ensure successful implementation of recommendations)


12h30 Lunch 13h30 SESSION 9:

Presentation phase Preparation of effective recommendations to enhance the decision making quality

Methods for successful preparation of effective proposals and recommendations Preparing proposals that will suite the specic approving manager and/or client Conducting proper management reports to enhance the decision making quality Designing appropriate proposal formats

14h30 SESSION 10:


Implementation and project follow-up

Implementing the proposal by application of the principles of project management Designing a detailed plan of action to ensure proper implementation Post Implementation Evaluation to evaluate achieved results (Audit)

15h00 Mid-afternoon refreshments

Click here to go to our website: www.amabhubesi.com

Value Engineering in Projects

About your expert:


KJ Huber, Pr Tech Eng. CVS (Life) Managing Director, VM Services Pty Limited

Kurt Huber

is currently Chairman of the Standards Generating Group Value Engineering (part of the Engineering SGB of the Engineering Council of South Africa). Kurt graduated from the University of the Witwatersrand as an Industrial Engineer in 1991 and is a Certied Value Specialist (for Life) registered with SAVE International. Swiss born, Kurt is also an appointed part time member of staff at the University of the Witwatersrand since 1994. He also lectures at various Business School. He has over 24 years of Value Engineering experience. He facilitated more than 350 Value Engineering Workshops / Studies and lectured in the Value Engineering / Value Management Methodology to over 3000 People Worldwide.

The Workshop Venue

From JHB International Airport (approximately 40kms)


Exit the airport on the N12 towards JHB Follow the Pretoria signs Follow the N3 North Pretoria (at the Durban/ JHB/ Pretoria interchange) Pass the Linkseld off-ramp Pass the Modderfontein off-ramp Pass the London Rd off-ramp Pass the Marlboro off-ramp Follow the N1 Roodepoort (not Pretoria) Pass the Rivonia off-ramp Pass the William Nicol off-ramp Take the Malibongwe North At 5th set of trafc lights (Banbury Cross on left) turn left into Olievenhout Go over one set of trafc lights and turn right into Montrose Ave Cabanga Conference Centre second building on left (approx. 500m)

From Pretoria:
Take the Pta > Krugersdorp R28 highway Go past the R511 Sandton/ Hartebeespoort Dam off-ramp Take the R512 Lanseria/ Randburg off-ramp Turn left at the off-ramp Straight for 7,9km till the trafc light intersection with the TOTAL/SHELL petrol stations Continue straight over Northumberland Rd for 2km till the trafc light intersection At Northriding & Banbury Crossing Shopping Centre turn right into Olievenhout Rd Go through the 1st trafc lights and then turn right into Montrose Ave Cabanga is on the left side

Click here to go to our website: www.amabhubesi.com

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