Value Analysis/ Value Engineering
(2-Day Workshop)

About the Program:

VA-VE and its many aspects can be presented in either a one day training session or a two day workshop. In the one-day training event, participants will gain knowledge and understanding of the VA-VE methodology. In a two-day workshop, real teams from your organization will not only learn all about VA-VE, but will build an VA-VE system—and be ready to initiate VA-VE activities when they are done. When the workshop is elected, there are specific preparation activities that the client needs to complete prior to the workshop; we can also assist with these activities.

Learning Objectives:

• The Value Equation
• The role of teamwork in value enhancement
• Cost-plus pricing and market pricing
• How consensus works in the VA/VE process
• How to construct a team charter and why this is critical to success
• How to include client interests in the VA/VE process
• The relationship between VA/VE and Quality Function Deployment
• How "function" contributes to client satisfaction
• How to determine which functions are most important to clients
• How to construct a product or service flow diagram
• How anyone can be creative
• How to appraise and develop creative ideas
• How to calculate the value of your current product or service
• How to calculate the change in value that creative proposals create
• Action Planning for VA/VE: How to measure, track, and drive improvements and cost reductions
• What a Value Agreement is and why it is critical to VA/VE
• The key role of management in VA/VE

Who Should Attend:

Anyone involved in the planning, design, or operation of a product, service, or manufacturing process.

Features & Benefits:

• Discover how value can be defined and quantified
• See how to recognize and describe your product in client terms
• Find out how you can actively involve the supply chain in production
• Complete a value analysis exercise on a common product and see how the VA/VE process works