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VAE505-1D

1 Week Training Program

Construction Project Value Engineering
Professional with Ai Skills

Building Skills in

  1. Cost-Value Optimization & Performance Measurement
  2. Knowledge Management & Technology Utilization
  3. Incentivizing VE Participation & Regulatory and Contractual Alignment
  4. Continuous Training & Development
www.eurotraining.com/bro/vae505-1.php

1 Week Training Programs

Kualalumpur
20-24 Jan 2025
Dubai
3-7 Feb 2025
London
17-21 Feb 2025
New York
2-6 March 2025
Seattle, USA
16-20 March 2025
Istanbul
30 March-3 April 2025
New York
13-17 April 2025
Dubai
27 April-1 May 2025
Kualalumpur
11-15 May 2025
London
25-29 May 2025


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Program Overview

  1. Implementing a structured and effective Value Engineering (VE) methodology in construction projects.
  2. Motivating and enforcing VE practices among consultants, contractors, and suppliers.
  3. Developing a VE knowledge base to support decision-making and best practices.
  4. Building skills in evaluating and measuring VE impact using performance metrics and KPIs.
  5. Utilizing AI and data analytics for proactive identification of VE opportunities.
  6. Developing internal VE training, coaching, and certification systems.

Who Should Attend?

  1. Project Managers, Cost Estimators & Cost Professionals, Engineers, Construction Planners
  2. Value Engineering & Cost Reduction Teams, Procurement & Contract Professionals, Consultants & Service Providers, Quality Assurance & Compliance Officers

Program Content & Modules

Construction Project Value Engineering
Professional with Ai Skills


  1. The Value Engineering (VE) Concept
  2. What is Value for your Organization?
  3. Understanding Strategic Value
  4. Customer Satisfaction Value
  5. Operational Value Prepositions
  6. Understanding Costs and Prices
  7. Understanding Methods & Automation
  8. Understanding Operating Value Prepositions
  9. Understanding Maintenance Value Prepositions
  10. Implementing Value Engineering(VE) on Construction Projects
  11. Motivate the Contractors and Suppliers to do VE in their Work
  12. Motivating & Force your Consultants to do VE in their Work
  13. Understanding Value and Costs
  14. Step-by-Step VE Methodology
  15. VE Contractual Arrangements
  16. Value Engineering Benefit Sharing
  17. VE Opportunities Identification
  18. Building a Knowledge Base to Support Value Engineering Initiatives
  19. Developing Effective Value Engineering Performance Evaluation Systems
  20. Developing Meaningful Value Engineering Key Performance Indicators KPIs
  21. Developing & Maintaining Updated Value Engineering Standard Operating Systems
  22. Developing and Keeping Updated Knowledge System to Support Value Engineering Effectiveness and Efficiency
  23. Leveraging Data Analytic System for Timely & Proactive Value Engineering Opportunity Insights
  24. Leveraging Artificial Intelligence System for Proactive Decision Support Insights and Recommendations for Value Engineering Professionals
  25. Value Engineering Step-by-Step Methodology that overcomes the Multi-Discipline Roadblocks to Value Engineering, including...

    (1) Management Commitment

    (2) Team Selection, Working & Empowerment.

    (3) Identifying the Widest Range of Improvement Opportunities.

    (4) Short-listing, Analysis, Recommendations and Management Approval.

    (5) Implementing VE Opportunity as a Project.

    (6) Objectively Measuring Success.

    (7) Celebration and Getting Ready for the Next VE Initiative
  26. Value Engineering Domain Knowledge
  27. Program Recommendations
  28. Outline Project Value Engineering Improvement Outline Action Plan

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