- Implement Value Engineering in the workplace
- Increase asset reliability and availability to world class standards
- Reduce unscheduled downtime and production interruptions
- Reduce maintenance costs by 50-70%
- Learn global benchmarking standards
- Maintenance Managers,
- Maintenance Supervisors,
- Maintenance Engineers,
- Operational Excellence Personnel,
- Reliability Engineers,
- Plant Managers,
- Engineering Managers,
- Manufacturing Managers,
- Production Managers,
- Operations Managers,
- Project Managers,
- Asset Managers and
- Quality Assurance Personnel.
- Introduction to Value Engineering (VE)
- Objectives of Value Engineering
- When to apply Value Engineering
- Impact of Value Engineering
- Introduction to project scope
- Budget analysis
- Elements of the project budget
- Introduction to Value Engineering
- Value techniques
- The Total Value Management Concept
- VE phase relationships – Value management in design
- Classes of Value
- Types of Value
- When to apply Value Engineering
- Function evaluation
- Basic and secondary functions
- Function Analysis Systems Technique (FAST)
- FAST procedure
- FAST examples
- The Six-Step VE Job Plan
- Information
- Speculation
- Planning
- Execution
- Reporting
- Implementation
- Speculative Phase Creativity
- Brainstorming
- Nominal group technique
- Cause and effect analysis
- Pareto charts
- Total Cost concept
- Life Cycle Costing (LCC)
- Building on speculation
- The nature of information
- Elements of manufacturing cost
- VE Workshop Team Projects
- VALUE ENGINEERING – COST REDUCTION AND QUALITY IMPROVEMENT
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