Value Engineering Skills

Name: Value Engineering Skills Training Course
Rating: 4.7 (1076 reviews)

Improving Performance and Profitability

Course Schedule

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Overview Objectives Who Should Attend? Methodology Outline Certificates

Why Choose Value Engineering Skills Training Course?

This Value Engineering Training Course provides a structured approach to optimizing project performance, reducing life-cycle costs, and eliminating unnecessary expenses while maintaining the core functions and objectives of a project or product. Value Engineering (VE) is not about choosing the cheapest option; it’s about delivering the best value for money through systematic analysis, innovation, and stakeholder collaboration.

This Value Engineering Course equips professionals with the skills to apply VE methodologies effectively across all project stages—planning, design, procurement, and execution. It enhances creative problem-solving, critical thinking, and informed decision-making by engaging participants in real-world scenarios. Delegates will learn to form multi-disciplinary teams, capture stakeholder requirements, conduct function analysis, and apply cost modeling and life-cycle costing strategies.

This hands-on training emphasizes how VE can drive productivity, stimulate innovation, and improve organizational competitiveness by focusing on outcomes that truly matter to clients and end-users.

What are the Goals?

By the end of this Value Engineering Course, participants will be able to:

Understand the core principles of Value Engineering and its role in project success
Apply VE techniques to improve planning, design, and cost efficiency
Conduct Function Analysis to align solutions with stakeholder expectations
Use creative thinking strategies to generate and assess alternative proposals
Evaluate life-cycle costs and select best-value solutions for implementation
Facilitate multi-disciplinary workshops and manage VE processes effectively

Who is this Training Course for?

This Value Engineering Training Course is ideal for:

professionals responsible for strategic decision-making, cost management, or project planning across a wide range of industries. It is particularly beneficial for:

Project Managers, Engineers, and Design Professionals
Cost Estimators, Cost Controllers, and Procurement Specialists
Project and Program Sponsors seeking improved ROI
Professionals involved in planning large-scale or complex projects
Stakeholders in construction, petrochemical, manufacturing, healthcare, and public sectors

How will this Training Course be Presented?

This Value Engineering Course combines expert instruction with collaborative workshop learning. The delivery includes:

Instructor-Led Presentations: Explaining VE concepts, tools, and methodologies
Interactive Group Discussions: Encouraging knowledge exchange and creative thinking
Hands-On Case Study: Applying the full VE methodology through a practical, team-based scenario
Facilitated Exercises: Building facilitation skills and enhancing participant engagement

Delegates will gain deep insights into VE strategies and leave equipped with the practical skills to drive value, improve decision-making, and support innovation across their projects.

The Course Content

Course Introduction and Post-Course Assessment
What is value? What is Value Engineering (VE)? Why is it important?
Defining Value Engineering concepts and principles
VE Study definition, scope and project phases
VE team and stakeholders’ analysis and management
Introducing the case study

The VE Job Plan
The Information Phase – steps and procedures
The need for Function Analysis in projects
Identifying functions and selecting Function Diagrams
Function Analysis System Technique (FAST)
Workshop: FAST Diagram

Function Cost and Worth
Finding value mismatches
Facilitation skills and overcoming creativity blockers
Creativity and Creative thinking within the project environment
Data collection and Creativity Output
Workshop: Brainstorm Case Study Alternatives

Effective Decision-making in project environment
Project evaluation methods: Subjective evaluation and quantitative evaluation
Paired comparison and Analytical Heretical Process (AHP)
Project life-cycle costing and Net Present Value
Output of the Evaluation Phase
Workshop: Cost estimating Techniques

Selection of alternatives and action planning
Reporting VE findings to Senior Management and project stakeholders
Oral presentation techniques & interpersonal skills
Study Levels of the VE Certification by SAVE International
Review of VE Case study Reports and Wrap-up discussions
Post-Course Assessment

Certificate

AZTech Certificate of Completion for delegates who attend and complete the training course
The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion

Accreditation

AZTech is an official PMI Authorized Training Partner (ATP). All applicable project management courses are pre-approved by the Project Management Institute, allowing participants to earn the necessary PDUs and Contact Hours for certification and recertification.

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Frequently Asked Questions

Common questions about our training courses

Yes, we offer tailored corporate training solutions to meet your organization's specific needs. Please contact us at info@aztechtraining.com or call +971 4 427 5400 for more information.

The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.

Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.

There are several convenient ways to register for our training programs:

Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
Email: Share your details, including your name, organization, email address, and selected course, by sending an email to info@aztechtraining.com
Phone: Reach out to us directly at +971 4 427 5400 or +971 4 427 5407, and our team will guide you through the registration process.

Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.