Increasing competition for goods & services is not news anymore.
The problem that demands priority today is that of securing lower costs.
Value engineering is a combination of techniques, approaches & methods for achieving what the user or, customer wants at lower costs.
This course is aimed at sensitizing the present day professionals on to value aspects of business & to equip them with tools to enhance value creation.

Course details

Who should undertake this course?
This course is good for basic to intermediate level of acquired knowledge.
It is good for people who want to understand the concept of value engineering, the process of implementation & its applicability in different situations.
People with professional qualifications/ vocations who wish to participate in value engineering studies, initiate value engineering in their work area or, would like to enhance their understanding of value engineering will derive maximum benefit from this course.
Simplistically, if any of the following statements applies to you, this course is for you:

• I have heard of value engineering
• I am professionally qualified
• I am studying in a professional course
• I work for a business organisation
• I work for a government organisation
• I work for a non-government organisation
• I am a member of value engineering team
• I lead a team/ department/ function
• I want to initiate value engineering in my work

Contents (What will I learn?)

• Concept & history of value analysis/ Value Engineering
• Benefits of value engineering
• Understanding the meaning and importance of value
• 4 thinking approaches
• Using value-basis in decisions
• VE job plan (7 steps to value improvement)
• Information Phase
• Function phase
• Creative Phase
• Analytical Phase
• Evaluation phase
• Recommendation phase
• Implementation Phase
• Value study team composition
• How human behaviour can affect results and ways to meet the challenge
• Application exercises
• Industry examples of use

Duration (How long will it take to complete the course?)
The following table gives the course duration based on your preferred learning mode.

*Self study duration estimate is based on 16 hours of learning effort spread over 4 weekends.
Time Limit (Is there a time limit  to complete the course?)
TQMschool self study training courses are designed on the principal of “study at your own pace”.
However, to keep the continuity, the self study courses have a time limit of 1 month within which the learner must complete the course.
On expiry of the allocated time, the learner will need to register afresh.

Training material (How will I learn?)
The following table gives the details of training materials/ facilities based on your preferred learning mode.

Course fees (What is the cost of the course?)
The following table gives the details of course fees based on your preferred learning mode.

Benefits (Why should I take this course?)
Objective of this course is to equip professionals with a new outlook for obtaining better value.
On undertaking this course the learner:

• Will acquire a function & value perspective to business
• Will be able to appreciate the necessity & applicability of VA/ VE in the context of their organisation
• Will become familiar with VA/ VE problem solving
• Can identify opportunities to enhance value
• Can participate in a VA/ VE study as a team member
• Can initiate small VA/ VE projects

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