CERTIFIED VALUE ENGINEERING
Maximizing Functionality, Minimizing Cost – A Structured Approach to Project and Process Optimization
Course Schedule
| Date | Venue | Fees |
|---|---|---|
| 25 – 29 May 2025 | Dammam, KSA | USD 3495 per delegate |
Course Introduction
Value Engineering (VE) is a proven methodology that improves project performance and optimizes costs without compromising on quality or functionality. It is widely adopted across industries such as construction, manufacturing, oil & gas, and public infrastructure to enhance decision-making, innovation, and stakeholder value.
This intensive five-day course equips professionals with the knowledge, tools, and techniques needed to conduct effective Value Engineering studies. Delivered in line with SAVE International® standards, the course prepares participants to contribute to or lead value improvement workshops and aligns them for further certification as a Certified Value Specialist (CVS) or Associate Value Specialist (AVS).
Course Objectives
By the end of this course, participants will be able to:
• Understand the fundamentals, phases, and terminology of Value Engineering
• Apply the VE job plan to systematically analyze functions and costs
• Conduct function analysis and develop creative, high-value solutions
• Facilitate or participate in VE workshops across different sectors
• Align project goals with stakeholder needs, lifecycle costs, and performance expectations
Key Benefits of Attending
• Learn a globally recognized methodology for cost optimization and value improvement
• Improve project outcomes while preserving or enhancing quality and performance
• Acquire practical skills in function analysis, idea generation, and evaluation
• Prepare for further certification under SAVE International®
• Increase your contribution to organizational efficiency, innovation, and profitability
Intended Audience
This program is designed for:
• Engineers, project managers, and cost estimators
• Procurement, planning, and construction professionals
• Product developers and process improvement specialists
• Government and infrastructure decision-makers
• Anyone involved in value improvement or seeking AVS/ CVS certification
Individual Benefits
Key competencies that will be developed include:
• Proficiency in conducting and participating in VE studies
• Ability to identify high-impact cost savings without reducing performance
• Knowledge of function analysis systems and creative problem-solving
• Skills to lead or contribute to structured VE workshops
• Readiness to pursue AVS or CVS certification
Organization Benefits
Upon completing the training course, participants will demonstrate:
• Reduced project and product costs through value-driven alternatives
• Improved lifecycle performance and cost-effectiveness
• Stronger alignment between client requirements and technical solutions
• A structured method for multidisciplinary collaboration and innovation
• Increased return on investment (ROI) across capital and operational projects
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
• Strategy Briefings – Value Engineering principles, job plan phases, and certification pathways
• Case Studies – Examples of VE application in major industries and public projects
• Workshops – Step-by-step function analysis, idea evaluation, and FAST diagram development
• Peer Exchange – Group discussions and simulated VE team environments
• Tools – Templates for job plans, function analysis, evaluation matrices, and VE reporting
Course Outline
DETAILED 5-DAY COURSE OUTLINE
Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Introduction to Value Engineering
Module 1: VE Fundamentals and Origins (07:30 – 09:30)
• History and evolution of Value Engineering
• Definitions: value, function, cost, and worth
• SAVE International® standards and certification paths
Module 2: The VE Job Plan – Overview (09:45 – 11:15)
• Six-phase job plan: Information, Function, Creative, Evaluation, Development, Presentation
• VE study team roles and planning VE sessions
• VE applications across sectors
Module 3: Case Study – Public Infrastructure VE (11:30 – 01:00)
• Analysis of a VE application in transportation
• Benefits and implementation challenges
Module 4: Workshop – Scoping a VE Study (02:00 – 03:30)
• Define study objectives, stakeholders, and data requirements
Day 2: Function Analysis and Creative Thinking
Module 1: Function Analysis Fundamentals (07:30 – 09:30)
• Defining basic and secondary functions
• How-Why logic and verb-noun function statements
• Function cost and function worth
Module 2: FAST Diagram Development (09:45 – 11:15)
• Building Function Analysis System Technique (FAST) diagrams
• Linking logic paths and identifying improvement areas
• Software tools for FAST
Module 3: Creative Phase Techniques (11:30 – 01:00)
• Brainstorming and creativity stimulation
• Avoiding idea filtering during generation
• Cross-functional idea collection
Module 4: Workshop – FAST Diagram & Idea Generation (02:00 – 03:30)
• Teams build FAST diagram and generate alternatives
Day 3: Evaluation and Development Phases
Module 1: Evaluation Criteria and Techniques (07:30 – 09:30)
• Feasibility, cost-effectiveness, and risk assessment
• Ranking and scoring ideas
• Facilitating consensus
Module 2: Cost Estimating in VE (09:45 – 11:15)
• Estimating cost savings and implementation costs
• Lifecycle cost analysis (LCCA)
• Value index and payback period
Module 3: Developing VE Alternatives (11:30 – 01:00)
• Building detailed descriptions of selected alternatives
• Design sketches, data, and performance impacts
• Preparing recommendations for decision-makers
Module 4: Workshop – Developing a VE Proposal (02:00 – 03:30)
• Groups select, evaluate, and develop VE ideas into recommendations
Day 4: Presentation and Workshop Simulation
Module 1: Presentation Phase (07:30 – 09:30)
• Structuring a VE report and executive summary
• Delivering persuasive presentations to stakeholders
• Documenting study results and benefits
Module 2: Facilitating VE Studies (09:45 – 11:15)
• Team dynamics and facilitation best practices
• Managing time, participation, and conflict
• Ethics and neutrality in VE
Module 3: VE in Project Lifecycle and Procurement (11:30 – 01:00)
• VE during planning, design, procurement, and construction
• Integrating VE into contracts and RFPs
• VE and value management (VM)
Module 4: Workshop – Final Presentation Prep (02:00 – 03:30)
• Prepare a full VE presentation package
Day 5: Final Presentations and Certification Guidance
Module 1: VE Study Presentations (07:30 – 09:30)
• Teams present their VE proposals
• Panel feedback and group discussion
Module 2: Lessons Learned and Success Factors (09:45 – 11:15)
• Key takeaways from VE studies
• Avoiding common pitfalls in implementation
Module 3: SAVE Certification Pathway (11:30 – 01:00)
• AVS/CVS requirements, application, and exam format
• Career advancement and industry recognition
Module 4: Wrap-Up and Certification (02:00 – 03:30)
• Final Q&A
• Action planning and certificate distribution
Certification
Participants will receive a Certificate of Completion in Certified Value Engineering, affirming their mastery of the SAVE International® Value Methodology and readiness to participate in or lead Value Engineering studies across diverse sectors.