The objective of our training courses is to convey the accepted method of conducting a successful VM session and improve the professional’s VM skill-set using classical tools with emphasis on successful techniques for the specific application presented. The multidisciplinary team approach and the function analysis process are core foundational elements. A focus on creativity and innovation is a continuous thread throughout all of our courses.
Our workshops are internally developed and based on challenging, credible business cases. Available projects include product, project, or process based workshops. These training seminars are particularly effective when presented to associates of a single organization as the focus can be directed at that organizations core activity. On-Site training can make this the low cost option for 3 or more participants.
We offer:
- VMF 1: Fundamentals of Value Engineering
- Product focus: Consumer (Product)
- Process focus: Environmental (Process)
- Project focus: Construction (Project)
- Project focus: Transportation (Project)
- VMF 2: Advanced VE
- VE in One Day
- VE Teardown
- Life Cycle Costing
- FAST Diagramming
- VE for Contracting Officers (CAVE)
- Intro to VE/PAVE/CAVE
Scheduled Training:
VMF 1
- Nov 4-7
- Location: Lakewood, CO
Testimonials:
“Dear Mr. Sloggy:
The Certification Board would like to thank you for the steady flow of trainee evaluation forms. Our purpose is to use the forms to assess if students believe the training is satisifying its intended purpose, to suggest supplementation to the training if we believe there is a trend, and to assess the overall SAVE education program.
Overwhelmingly your students are pleased with the training, its content, and what they heve learned.
Keep up the good work.
Thank you”
R. K. S., PE, PP, CVS
Workshop Director – SAVE International
VMF 1 Training (Course #01-04)
Course description: The course is designed to provide a basic foundation in the concepts of Value Management, presented as a mixture of foundational lectures with an application portion in the form of a workshop that replicates an actual VE study, providing VM education to the degree that individuals will be able to successfully participate in future value studies with minimal additional training.
- 40 hours
- SAVE® approved
- Live project – Actual business case
- Course #01: Product focus/Consumer product
- Course #02: Project focus/Construction
- Course #03: Process focus/Environmental
- Course #04: Project focus/Transportation
- VMA exam is offered at the course conclusion
The objective of this workshop is to introduce the concept of Value Management and demonstrate its application and techniques. It is directed to those new to the discipline with emphasis placed on the practical application of Value Methodology techniques to improve the value of any project.
Project managers in public and private organizations will find this course particularly useful. Upon successful completion the participant will have achieved the following:
- Accurately use the terminology to describe and define VM, its uses, benefits, and characteristics
- Demonstrate an understanding of the history, development, and tools of Value Methodology
- Explain in detail the key concepts of value, cost, and performance; identify how these concepts affect projects in their area of expertise; apply techniques to define and improve the value of their project
- Develop a thorough understanding of the Value Methodology Job Plan and the application of value metrics to each phase of the Job Plan including: preparation, information, function, speculation, evaluation, development, presentation, and implementation
- Use VM’s technical tools and techniques applicable to each of the above stages. These include: function analysis and FAST diagramming, costing methods and approaches, communications and facilitation techniques for multi-disciplinary teams, creativity techniques, evaluation techniques, alternative analysis, presentation techniques, and change management techniques
- Perform as a member of a VE team
- Receive a SAVE® MOD 1 Certificate & sit for the VMA exam.This course is offered in both a 4 day and a 5 day 40 hour version. Both versions are SAVE® approved courses.
VMF 2 Training (Course #05)
Course description: The course is designed to provide an advanced foundation in the concepts of Value Management and is presented as a mixture of advanced lectures and discussion of industry applications, extending the knowledge base of those wishing to apply the Value Methodology as a professional in the VM field.
- 24 hours
- SAVE® approved
VE in one day (Course #06)
Course description: The course is designed to provide a basic foundation in the concepts and application of Value Management for project managers and those that will participate on a VM team but do not require certification, understanding the theory behind the VM process and the critical difference between VM and the rest. It addresses the issue of how to plan and support a successful VM program utilizing best practices. What resources are required when, staffing, support and the expected outcome of a session. It is presented as a mixture of foundational lectures with an application portion, providing VM intensive education to ensure an understanding of the process and the requirements for a successful VM program.
- Function Analysis, Cost Worth, Fast, the Job Plan all in one day
- How to start and maintain a successful VM program
- Plan and organize a successful VM session
- 1 Day
VE Teardown ( Course #7)
Course description: How to conduct a traditional product teardown using competitive products or similar applications from other industries. Using consumer products to simulate a real teardown event.
- Planning the event
- Identification and collecting samples
- Record formats
- Comparative Analysis
- Integrating with the VE workshop
- 2 Day
Life Cycle Costing (Course #8)
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- The review of project feasibility and the concept of risk are discussed. A review of cost terminology is included
- The time value of money and the concept of net present value are discussed with various examples presented. A discussion of the techniques of life cycle cost analysis and various formats for presentation
- Real vs. paper cost savings, and the pitfalls of claimed savings in various environments
- 2 Day
Function Analysis/FAST Diagramming (Course #10)
Course description: This course is designed to provide an advanced foundation in the concepts of Function Analysis and FAST diagramming. It is presented as a mixture of advanced lectures and discussion of industry applications.
- The technique of identifying the active verb and measurable noun are discussed and the difficulties encountered in function identification
- The link between function analysis and creativity is discussed and individual experiences are highlighted
- The six questions of function analysis are discussed
- Function cost /function worth are reviewed along with the value index concept and the technique of paired comparisons
- The link between function identification and FAST diagramming is discussed
- An in-depth discussion of function models and their application, specifically the classical, technical and customer/task versions and the various rules and components required to create a FAST diagram
- When to use the various diagrams
- Incorporating cost and schedule data into the FAST diagram
- The role of the facilitator
- 3 Day
VE for Contracting Officers
Contractual Aspects of Value Engineering (CAVE: Course #12)
Course description: A description of the application of Federal Value Engineering Program (FVEP) to Government contracts as described in OMB A-131, FAR Part 48: Value Engineering, and FAR part 52: Solicitation Provisions and Contract Clause. This workshop discusses the FVEP process in detail, including the various options to utilize the VE process and the application of each.
- Federal Value Engineering Program (FVEP) components
- Formal Value Engineering Studies (VA/VE)
- Value Engineering Program (VEP)
- Value Engineering Change Proposal (VECP)
The workshop covers formal VE/VA studies for one-time capital expenditures, the Value Engineering Program (VEP) option to require a formal VE workshop(s) funded by the Government and the VECP contract clause for a contract to generate identified savings ideas that would be split between the Government and the contractor. Also presented are several voluntary VECP application examples of how to calculate the savings split and typical applications.
Introduction to VE: Principals and Contractural Aspects of Value Engineering (Intro to VE/PAVE/CAVE: Course #14)
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- 5 day 40 hour version
Example projects are presented that allow the participant to experience the application of the Value Methodology for use with existing and future projects and programs. A major team project is utilized to simulate a real VE study for the participants that follows the SAVE Job Plan.
The workshop covers formal VE/VA studies for one-time capital expenditures, the Value Engineering Program (VEP) option to require a formal VE workshop(s) funded by the Government and the VECP contract clause for a contract to generate identified savings ideas that would be split between the Government and the contractor. Also presented are several voluntary VECP application examples of how to calculate the savings split and typical applications.
The formal VE workshop is a powerful tool to generate a large number of immediate savings ideas at any time during the life of a contract that will benefit both the contractor and the Government. It is the best option to generate a substantial improvemnet in project value. The workshop discusses the application of the VEP to traditional contract delivery methods and the newer delivery models of Design-Build (DB), and Performance Based Acquisition (PBA).