Advanced Value Engineering: Cost Effective Project Initiation, Management and Delivery, Value Engineering, Methodology Project, Budget Capitalized, Income Project Budgeting

HRODC Postgraduate Training Institute
In Amsterdam (Netherlands), Durban (South Africa), Dubai (United Arab Emirates) and 7 other venues

£ 8,000 - (Rs 6,89,304)
VAT incl.
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Important information

Description


Suitable for: This course is designed for: Corporate Managers. Value Engineers. Project Managers. Project Co-ordinators. Project Analysts. Value Engineering Lecturers. Value Engineering Consultants. Value management Specialists. Cost Accountants. Management Accountants. Risk Managers. Risk Analysts. Disaster Recovery Specialists. Venture Capitalists. Entrepreneurs. All those with a thirst for modern trends and cutting edge knowledge of Advanced Value Engineering techniques and management

Important information
Venues

Where and when

Starts Location
On request
Amsterdam
Damrak 1-5, 1012, Noord Holland, Netherlands
See map
On request
Bangkok
South Sathon Road, 10120, Bangkok, Thailand
See map
On request
City of London
Kendal Street, London, England
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On request
Dubai
Coral Deira Hotel, Muraqabat Street, Deria, Dubai, 82999,, 82999, Dubai, United Arab Emirates
See map
On request
Durban
Walnut Road, 40001, Johannesburg, South Africa
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Frequent Asked Questions

· Requirements

Degree or Work Experience

What you'll learn on the course

Advanced Value Engineering
Practical Application

Course programme

Course Contents:

Introduction to Advanced Value Engineering
  • What is Value Engineering?
  • Value Engineering History
  • 5 Precepts of Value Engineering
  • Addressing the Problems Through Value Engineering
  • Benefits of Value Engineering
  • The Reasons for Unnecessary Costs
  • When to Apply Value Engineering
  • How is Value Engineering Done?
  • Concept of Value
  • VE Methodology and Techniques
  • Variations in Cost
  • Interface with Other Programs
  • Demonstrated Impact of VE
Value Engineering: Practical Applications
  • Project Scope and Budget
  • Elements of the Project Budget
  • Prevalent Budgeting Techniques
  • Contingency Amount
  • Cost Control
  • Defining Project Scope
  • Parameters and Parameter Cost
  • The Capitalized Income Approach to Project Budgeting (CIAPB)
  • CIAPB Objectives
  • Measuring Property Value
  • The Meaning of Capitalization
  • The Capitalization process
  • The Need For Cost Control

Cost Modelling and Planning for Value Enginnering Services

  • Preparation for Cost Models in Advanced value Engineering
  • Introduction
  • Making Models
  • Construction Cost Models
  • Other Resources
  • Types of Models
  • Planning for Advanced Value Engineering Services
  • VE Objectives
  • Level of Effort
  • VE and Total Project Management
  • Team Selection
  • The VE Job Plan
Advanced Value Analysis Phases
  • Phase 1 - Information Phase
  • Phase 2 - Function Phase
  • Phase 3 - Creative Phase
  • Idea Stimulator Checklist
  • Phase 4 - Analysis/Judicial Phase
  • Analysis/Judicial Phase: Analysis/Development
  • Analysis/Judicial Phase: Analysis/Evaluation
  • Phase 5 - Recommendation
  • Phase 6 - Presentation and Implementation
Advanced Value Engineering Case Analyses
  • Case Study 1 - Corporate Office Building
  • Case Study 2 - Hospital and Case Study Complex
  • Case Study 3 - Refinery facility
  • Case Study 4 - Master Planning Competition
  • Case Study 5 - Application to Design Review Government/Headquarters Complex
  • Case Study 6 - Highway Project: South Interchange
  • Case Study 7 - Wastewater Treatment Plant
Practicalising Advanced Value Engineering
  • Life Cycle Costing
  • Decision Maker's Impact on LCC
  • LCC and Total Building Costs
  • LCC Terminology and Examples
  • LCC Methodology
  • Application of LCC to Buildings
  • Integrating Value Engineering into the Construction Industry
  • Planning and Design
  • Construction
  • Maintenance and Operations (M&O)
Project Life Cycle, Creative Thniking and Costing
  • Planning - conceptualisation, analysis, proposal, justification, agreement
  • Doing - start-up, execution, completion, hand over
  • Checking - review
  • Acting - feedback
  • Development of a Project Life Cycle, Project Brief and Proposal
  • The Management of Change
  • The Systems Approach to Project Management
  • The requirements of successful Project Management
  • Balancing Costs and Benefits
  • Managing the Planning Process
  • Critical Incident Analysis
  • Project Control Mechanism
  • The Value Chain: Adding Value To Processes, Products and Processes
  • Project Decision-making
  • Project Coordination: The 5 Bases of Co-ordination
  • Developing a CATWOE Focus of project management
Employee Resourcing, Interpersonal Relations and Staff Management for Advanced Value Engineering
  • Worker Commitment and Job Design
  • Moral Commitment -
  • Remunerative Commitment -
  • Calculative Commitment;
  • Recruitment and Selection as a resourcing activity
  • Job Design
  • Types of Job Design
  • Mechanistic Job Design
  • Biological Job Design
  • Motivational Job Design
  • Perceptual Job Design
  • Salient Issues in Recruitment and Selection for Advanced Value Engineering
  • Systematic Recruitment and Selection Process
  • Conducting Job Analysis
  • Designing Job Description
  • Designing Personnel Specification
  • Market Targeting
  • Designing and Placing Advertisement
  • Weighting and Using Candidate Assessment Form (CAF)
  • Non-conventional Personnel Selection
  • The value of Staff Induction
  • The Concept of Motivation
  • Motivating Workers for Advanced Value Engineering
  • Theories of Motivation
  • Content Theories & Some of Their Contributors
  • Maslow's Hierarchy of Needs
  • Analysis of Maslow's Claims
  • McClelland's Studies
  • Taylor: Money & Motivation
  • Motivator-Hygiene Factor: Herzberg's Contribution
  • Process Theories
  • Equity Theory
  • Goal-Setting Theory
  • Expectancy Theory
  • Equitable Reward Systems
  • Reinforcement Theories
  • Reinforcement Theory
  • Motivation & Contingency Theory
  • Designing An Effective Motivation Strategy
Risk Management in Advanced Value Analysis
  • Defining risk
  • Contextualising Risk
  • Formulating Risks Statements
  • Risk Examples
  • Non-Risk Examples
  • Proposal Risk
  • Performance Risk
  • Management's perception and calculation of risk
  • Risk probability and improbability
  • The traditional 'number line' and traditional risk management calculation
  • ' Risk-Improbability Scale Or Continuum'
  • Understanding risk in organisations
  • Analyzing and identifying risk in organisations
  • Developing strategies and approaches to treat and manage risk
  • What is Risk Management?
  • Continuous Risk Management Example
  • Non-Continuous Risk Management Example
  • Evaluating likely risks and consequences
  • Assessing the options for accommodating risks
  • Prioritising risk management efforts
  • Developing risk management plans
  • Authorising the implementation of risk management plans
  • The context of risk management in organisations
  • The link between Risk Management and Governance arrangements
  • Risk Management Standards
  • The differing levels of risk within an organisation, business risk, project risk and process risk
  • Developing criteria for determining acceptable levels or residual risk
Crisis Management: Security and Natural Disaster Recovery in Advanced Value Engineering
  • Contingency Planning
  • Continuity Management and Disaster Recovery
  • Recovery Planning
  • Recovery Planning and Logistics
  • Business Continuity Management
  • Introduction to BS 25999: Business Continuity Management
  • Business Recovery Management

Additional information

Advanced Value Engineering: Cost Effective Project Initiation, Management and Delivery - Leading to Diploma-Postgradaute, Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc, Incorporating The Capitalised Income Approach to Project Budgeting (CIAPB), Cost Modelling and Planning, Advanced Value Analysis Phases (London, UK)

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