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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
(Ai & Data Analytics Leveraged)

Construction Project Value Engineering Leveraging Ai

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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