Value Engineering Skills: A Complete Guide
Course Overview
The **Value Engineering Skills** course provides participants with a systematic and structured approach to improving the **value and performance** of projects, products, and processes.
Value Engineering (VE) is a powerful methodology that helps organisations **reduce unnecessary costs, enhance quality, and optimise resources**—without compromising functionality or customer satisfaction.
This practical course introduces the principles, stages, and techniques of Value Engineering, enabling participants to lead and participate effectively in **value studies, functional analysis, and creative solution development**.
Through real-world examples and interactive group exercises, participants will gain the skills to **achieve optimal value-for-money**, especially in construction, engineering, procurement, and product design projects.
Course Duration
**5 Days (35 Learning Hours)**
Available in: **London | Dubai | Riyadh | Kuala Lumpur | Istanbul**
Mode: **Instructor-led / Online Live / In-company Delivery**
Target Audience
This program is designed for:
* Project Managers and Engineers
* Procurement and Contract Professionals
* Cost Engineers and Quantity Surveyors
* Product Designers and R&D Teams
* Construction Managers and Consultants
* Anyone involved in **value-driven decision-making or project cost optimisation**
Course Objectives
By the end of this course, participants will be able to:
1. Understand the fundamental principles of Value Engineering and Value Analysis.
2. Apply the **Value Methodology Job Plan** effectively across project stages.
3. Conduct **functional analysis** to identify unnecessary costs.
4. Develop innovative, cost-effective alternatives without reducing quality.
5. Integrate VE techniques into design, procurement, and operational processes.
6. Facilitate value studies and engage multidisciplinary teams effectively.
7. Enhance overall **project value, sustainability, and client satisfaction**.
Learning Outcomes
Participants will be able to:
* Define and measure “value” in technical and financial terms.
* Apply structured VE processes to improve performance and reduce costs.
* Lead or contribute to professional value study workshops.
* Use creativity and analytical tools to generate alternative solutions.
* Improve project outcomes through collaborative decision-making.
* Incorporate sustainability and life-cycle costing into VE evaluations.
Course Outline (5 Days)
Day 1 – Introduction to Value Engineering
* Origins and principles of VE and VA
* Understanding value, function, and cost relationships
* The role of VE in modern project management
* Case studies of successful VE implementation
Day 2 – The Value Methodology Job Plan (Phase 1–2)
* Information Phase: Collecting and analysing project data
* Function Analysis Phase: Defining and classifying functions
* Tools: FAST Diagrams (Function Analysis System Technique)
* Workshop: Conducting function analysis
Day 3 – Creative and Evaluation Phases
* Generating alternative ideas and innovative solutions
* Brainstorming and creativity techniques
* Evaluating alternatives: cost, risk, and feasibility assessment
* Exercise: Ranking and scoring VE alternatives
Day 4 – Development and Presentation Phases
* Developing high-value proposals
* Preparing value study reports and presentations
* Communicating VE recommendations to stakeholders
* Practical session: Writing a VE proposal
Day 5 – Integrating Value Engineering into Projects
* Implementing VE throughout design and construction stages
* Linking VE to Lean, Six Sigma, and sustainability principles
* Overcoming resistance to change and fostering innovation culture
* Final group project: Conducting a mini VE workshop
Certification
Upon successful completion, participants will receive a
🎓 **KE Leaders Certificate in Value Engineering Skills**,
endorsing their ability to conduct and lead value studies that improve cost efficiency and project outcomes.
Key Benefits
* Master a globally recognised methodology for value optimisation.
* Reduce project and product costs without compromising performance.
* Strengthen decision-making through analytical and creative skills.
* Learn to facilitate value studies with multidisciplinary teams.
* Enhance competitiveness, innovation, and sustainability in projects.
Contact Info:
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
