Value Analysis/Value Engineering Fundamentals

This 3-day course teaches the core principles of value analysis and value engineering in a hands-on interactive workshop format.

Upon completion of this course, the learner will be able to:

• Identify what makes VA/VE different

• Learn how to describe a design using functions

• Build a logic map of functions, known as FAST Diagrams

• Learn how to allocate cost to functions

• Learn the systematic process to apply a formal VA/VE study

• Understand the financial tools used in VA/VE

• Learn to prevent the most common pitfalls in the application of the methodology

• Learn how to prepare and gather information for a VA/VE study