Value, in its broadest sense, is the benefit to the client, offered by a project. Value Engineering (VE) is a creative, organized approach that enables providers of a product, service, or project to engage proactively with stakeholders to ensure that project value is optimized, life-cycle costs are reduced, and unnecessary costs eliminated. The VE methodology emphasizes the return-on-investment aspect of decision-making in terms of benefits management during project planning, procurement, and execution. It enables design teams and organizations to identify and evaluate alternative ideas and solutions at any project phase avoiding wasted design and investment effort and deliver the best value solutions that meet client requirements. VE is not about selecting the cheapest option; rather, it is about realizing the best value for money and improving productivity, competitiveness, and effectiveness of organizations in addition to stimulating innovation.
This course is designed to provide the participants with expert guidance for securing real benefits and cost savings by implementing VE in their projects with a greater emphasis on the development of project scope, cost estimates, design solutions, and budgets. Within the project management context, the course significantly enhances creative thinking, problem-solving, objective assessment, and informed decision-making skills.
Understand the fundamental concepts of value engineering and how it supports effective project management by providing a continuous thread of good practice throughout the project development process
Gather and organize information and cost relevant to key elements of the project
Learn how to capture and incorporate stakeholders’ input in the development of the project charter and plan
Critically assess and evaluate the relationships among key attributes such as cost, value, and function
Report effectively to top management and project stakeholders in the context of proposing alternatives that improve the overall project value; and
Objectively present a convincing case in support of certain project alternatives
Project Managers
Operational Excellence Personnel
Operations Managers
Asset Managers
Quality Assurance Personnel.
What is Value?
What is Value Engineering? Why is it important?
Defining Value Engineering concepts and principles
How and when is Value Engineering applied?
Project stakeholders analysis and management
Understanding teamwork and cross-functional Project Teams and team player styles
Overview of Different Value Engineering Phases / Job Plan
The Information Phase – steps and procedures
The need for Function Analysis in projects
Developing FAST Diagrams to identify critical project components and perform project value analysis
Defining project constraints – relationships and trade-offs
Aspects of Cost Estimating
Risk Management
Relationships between Value, Cost, and Worth
Facilitation skills
Creativity and Creative thinking within the project environment
Creativity techniques as applied to optimize project value
Blocks to creativity within the project team
Reaching consensus and leveraging the power of project team collaboration
Idea selection
Evaluation methods and value criteria
Development phase
Techniques in problem-solving
Life-cycle costing analysis
Effective Decision-making in a project environment
Develop action plans and assign project roles and responsibilities
Reporting VE findings to Senior Management and project stakeholders
Integrating VE into the project process and Continuous Improvement and application at project initiation
Social media marketing is one of the most important digital marketing channels. Social media marketing uses social media platforms to create awareness about the product. Digital Marketing uses online and offline channels to promote products to the customer.
This course is designed to familiarize students with access control hardware, basic system wiring, software installation, and basic system programming. The purpose of this course is to guide students through the step-by-step process required to ensure the basic functionality of a Lenel access control system. The fundamentals course is the first course in the technical certification curriculum that supports the basic knowledge required for all Professional, Expert, and Design Architect certification tracks.
You can obtain a solid understanding of the fundamentals of effective IT governance based on ISO/IEC 38500 with the ISO/IEC 38500 IT Governance Manager training. You will learn the skills you need to assist a company in using and administering the ISO/IEC 38500 Evaluate-Direct-Monitor model during this training course.
You can take the exam and apply for the "Certified ISO/IEC 38500 IT Corporate Governance Manager" certificate once you are familiar with all the essential ideas and principles of IT Governance. Your ability to operate an IT Governance model will be shown by your possession of a Certificate.
This seminar is designed to provide practicing or potential leaders with the knowledge and skills required by the role. This leadership programme enables your leaders to critically explore the key idea that the most important function of a leader is to help their people move through the stages of team development.
ISO 37001: ABMS Lead Auditor Bribery is one the most exceedingly bad and complex issues in businesses, and it harms seriously the worldwide economy. Unscrupulous hones such as bribery and debasement can be experienced by any sort of commerce notwithstanding its range of operation or estimate and in the event that not combatted viably can turn into the standard. The universally recognized ISO 37001: Against - Bribery Management Framework (ABMS) Standard is a vital instrument to help businesses set up, execute, keep up and progress an against - bribery compliance program and make strides risk evaluation. Gain the information and aptitudes to review a company's Against - Bribery Administration Frameworks with our Lead Inspector ISO 37001 preparing course.