Value Engineering and Management ( VE & VM)

Value Engineering and Management ( VE & VM)

Teachers
Mr. Eid Ashry
Category:
Advanced Project Management/ Project Management/
value-engineering
Duration: 25 Hrs
Lectures: 10
Certificate on completion

Course Description

Value Engineering (V.E.)is a methodology that is known and accepted in the industrial and engineering sectors . It is an organized process with an impressive history of improving value and quality . The value engineering process identifies opportunities to remove unnecessary costs while assuring that quality , reliability , performance and other critical factors will meet or exceed the customer’s expectations . The improvements of value engineering are the results of recommendations made by multidisciplinary teams representing all parties involved,so V.E. is a rigorous ,systematic effort to improve the value and optimize the life cycle cost of facility.

Course Objectives

Value engineering techniques can be used to achieve a number of objectives, which can save money reduce time;and improve quality,reliability,maintainability,and performance and it also make contributions to improve human factors, such as attitudes, creativity and team work, also value engineering extends the use of financial, man power and material resources by eliminating unnecessary or excessive costs without sacrificing quality or performance, and in value engineering decision making can be improved by using the team approach .

Unnecessary costs that lead to poor value are generally caused by one or more of the following factors: Lack of information, lack of ideas, temporary circumstances, honest wrong beliefs,habits and attitudes, change in  requirements, lack of communication and coordinates and out dated standards and specifications.

What is the target audience?

Engineers of different majors, Project managers in engineering firms, and all who are responsible for improving quality and value in Engineering projects.

Generally, Value Engineering is a 5 day workshop. After the workshop is organized, the report is compiled The report gives all the methodologies and options available to save or minimize the cost of the project on which the workshop was held.

Benefits of Attending

By completing this training course, participants will gain the following benefits:

  • Define the concept of quality and value for their businesses
  • Apply value engineering principles in their projects
  • Eliminate unnecessary costs
  • Apply Function Analysis Techniques
  • Know the basics for defining and choosing among alternatives
  • Maintain team work concept in their work
  • Apply creative solutions in projects through effective brain storming techniques

CURRICULUM

    1. Introduction to value and quality and their relation
    2. What is Value ?
    3. Benefits of VE / VM to organizations
    4. Objectives of VE Studies
    5. VE in Contracts
    6. VE Job plan
    7. Information phase of VE
    8. Function Analysis and FAST Diagrams techniques
    9. Creativity, innovation, and speculation phases
    10. Team building
    11. Development Phase and weighted evaluation matrix
    12. Life Cycle Costing( LCC) concept
    13. The recommendation and presentation phase
    14. VE case studies in different sectors
    15.  VE workshops
    16.  Trainee’s Case Studies
    17.  Program Closing

Program Training Methods

  • Theoretical Lectures through data show presentations
  • Team  and role playing techniques
  • Practical Workshops and discussion panels
  • Actual projects and could be customized towards the company projects

About Instructors

Mr. Eid Ashry
Mr. Eid Ashry, (PMP,PMI-RMP, PMI-SP,PMI-ACP,PSP,CCP,PPPM,MPM,LEED) has a BSC. Civil Engineering, – Faculty of Engineering, Cairo University, EGYPT. He has working experience for more than 15 years, he Started his career as a Planning and Cost Control Engineer, and then moved to Project Management. (Currently his main focus is on Training and Consultation services in management fields). Mr. Eid delivered many training courses and presentations in GCC, the courses delivered are in project management. Experience • Manage the planning department for some projects. • Coordinate with all subcontractors’ planners regarding projects schedule, planning requirements and schedule updates. • Identify the internal and high quality replica watchesexternal relationships and dependency between the various parties (Client, Contract 1 works, Subcontractors, Municipality services… etc.) to develop a detailed time schedule. • Incorporate all subcontractors and internal schedules into one detailed schedule cost and resource loaded and monitor the progress. • Attend the weekly progress meeting with the client to discuss the progress of the work and to raise the schedule area of concerns. • Chair the weekly planning meetings with the subcontractors. • Monitor the long lead material approval, purchase, manufacture and delivery. • Report the progress, planned v.s actual to the project manager and top management. • Prepare the client weekly, monthly reports as per SBG & ACC standards. • Highlight any potential or existing risks / issues and escalate them to project manager. • Perform cost control to selective activities. • Update and monitor the manpower histogram planned v.s actual. • Analyze the time claims from individual subcontractors, record all delay events and prepare an Extension of Time to the client due to late commence and work progress interruptions by others. • Further to the detailed schedule in primavera, prepare a spread excel sheets with additional details for the two weeks look ahead schedule and long lead activities fully automated to draw the bar chart based on planned and actual dates, calculating the planned value, planned manpower and planned quantities in daily. • Develop risk / issue register and log to highlight any potential or existing risks / issues.