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A PMI Approved Training Course

Value Engineering Skills

Improving Performance and Profitability

Certified & Accredited By
PMI
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Why Choose Us

The Value Engineering Skills Course gives project, engineering, and cost management professionals a comprehensive, structured capability in Value Engineering methodology — covering the VE Job Plan, Function Analysis System Technique, creative phase facilitation, evaluation methods, life-cycle costing, and professional presentation and reporting skills aligned with SAVE International certification standards.

Value Engineering is one of the most powerful and proven methodologies for improving project performance, reducing costs, and maximising value across the full project lifecycle. When applied rigorously, it consistently identifies significant cost savings and performance improvements that conventional project review processes miss — by challenging assumptions, analysing function, and generating creative alternatives that deliver required performance at lower cost.

This course follows the complete VE Job Plan from project scoping and stakeholder analysis, through FAST diagram development, function cost and worth analysis, creative brainstorming, quantitative evaluation, and life-cycle costing, to selection of alternatives, action planning, and oral presentation to senior management and stakeholders. A running case study integrates learning across all five days.

The Value Engineering Skills Course is built for professionals who want to apply VE methodology with the rigour, facilitation capability, and communication skills that deliver real project value — and who want to understand the pathway to SAVE International VE certification.

Why Choose Value Engineering Skills Training
Course Goals

What are the Goals?

The Value Engineering Skills Course is designed to develop comprehensive VE capability across the full Job Plan — from project scoping and function analysis through creative ideation, quantitative evaluation, life-cycle costing, and professional reporting.

By the end of this course, participants will be able to:

  • Define value, Value Engineering, and the VE study scope and apply VE principles to project phases
  • Analyse stakeholders and manage VE team dynamics effectively across a VE study
  • Apply the VE Job Plan Information Phase procedures and explain the need for function analysis in project environments
  • Identify project functions, select appropriate function diagrams, and develop FAST diagrams to represent project function relationships
  • Calculate function cost and worth, identify value mismatches, and apply creative facilitation skills to overcome creativity blockers
  • Apply creative thinking techniques and facilitate productive brainstorming sessions to generate project alternatives
  • Apply subjective and quantitative evaluation methods including paired comparison and Analytical Hierarchy Process to project decision-making
  • Calculate life-cycle costs and Net Present Value and apply cost estimating techniques to project alternatives
  • Select preferred alternatives, develop action plans, and produce professional VE study reports
  • Present VE findings effectively to senior management and stakeholders using structured oral presentation and interpersonal communication skills

Who is this Training Course for?

The Value Engineering Skills Course is designed for project, engineering, cost management, and procurement professionals who are responsible for improving value, managing project costs, and challenging conventional design and implementation approaches to achieve better performance outcomes.

This course is suitable for:

  • Project managers and project engineers responsible for cost management, scope development, and value improvement on capital or operational projects
  • Cost engineers and quantity surveyors applying function analysis and life-cycle costing to project cost optimisation
  • Design engineers and architects seeking a structured methodology for challenging design assumptions and identifying lower-cost alternatives
  • Procurement and contracts professionals applying VE principles to supplier and value chain improvement
  • Facilities managers applying VE to asset management, maintenance cost reduction, and operational improvement
  • Construction and infrastructure managers responsible for project value optimisation across design and delivery phases
  • PMO professionals and project controls specialists embedding VE methodology into project governance frameworks
  • Professionals pursuing or preparing for SAVE International VE certification
Learning Approach

How will this Training Course be Presented?

The Value Engineering Skills Course is delivered through a structured, Job Plan-aligned learning approach that mirrors the actual sequence of a VE study — moving from project scoping and function analysis, through creative brainstorming, quantitative evaluation, and life-cycle costing, to action planning and professional presentation. Each day addresses a distinct VE Job Plan phase, building a complete, integrated capability across the full methodology.

A running case study is applied progressively throughout all five days, workshops are embedded within each phase, and a post-course assessment evaluates delegates' capability development.

Delivery methods include:

  • Instructor-led sessions covering VE principles, the Job Plan phases, function analysis, evaluation methods, and presentation techniques
  • FAST diagram workshop developing hands-on function analysis capability using the Function Analysis System Technique
  • Brainstorming case study workshop applying creative facilitation techniques to generate project alternatives
  • VE certification pathway review examining SAVE International study levels and what delegates need to pursue formal VE certification

The Course Content

Understanding Value Engineering and its Application

  • Course Introduction and Post-Course Assessment
  • What is value? What is Value Engineering (VE)? Why is it important?
  • Defining Value Engineering concepts and principles
  • VE Study definition, scope and project phases
  • VE team and stakeholders’ analysis and management
  • Introducing the case study

The Information and Function Analysis Phase – Expressing Project Needs and Constraints

  • The VE Job Plan
  • The Information Phase – steps and procedures
  • The need for Function Analysis in projects
  • Identifying functions and selecting Function Diagrams
  • Function Analysis System Technique (FAST)
  • Workshop: FAST Diagram

The Creative Phase - Inspiring Creativity in Your Team

  • Function Cost and Worth
  • Finding value mismatches
  • Facilitation skills and overcoming creativity blockers
  • Creativity and Creative thinking within the project environment
  • Data collection and Creativity Output
  • Workshop: Brainstorm Case Study Alternatives

The Evaluation Phase - Making Informed Project Decisions

  • Effective Decision-making in project environment
  • Project evaluation methods: Subjective evaluation and quantitative evaluation
  • Paired comparison and Analytical Heretical Process (AHP)
  • Project life-cycle costing and Net Present Value
  • Output of the Evaluation Phase
  • Workshop: Cost estimating Techniques

The Presentation and Reporting Phases – Getting Results through Effective Communication

  • Selection of alternatives and action planning
  • Reporting VE findings to Senior Management and project stakeholders
  • Oral presentation techniques & interpersonal skills
  • Study Levels of the VE Certification by SAVE International
  • Review of VE Case study Reports and Wrap-up discussions
  • Post-Course Assessment
Recognition

Certificate

  • • AZTech Certificate of Completion for delegates who attend and complete the training course.
Qualifications & Endorsements

Accreditation

PMI

AZTech is an official PMI Authorized Training Partner (ATP). All applicable project management courses are pre-approved by the Project Management Institute, allowing participants to earn the necessary PDUs and Contact Hours for certification and recertification.

Collaborations

In Partnership With

Anderson Copex Coventry

Frequently Asked Questions

The Function Analysis System Technique (FAST) is a structured diagramming method that maps the functional relationships within a project, product, or process — visually representing how functions interact and which are essential to delivering required performance. Day 2 covers FAST diagram development in a dedicated workshop, giving delegates direct, hands-on practice building a FAST diagram from the running case study. This capability is foundational to every subsequent VE phase because it is how value mismatches and unnecessary cost are identified.  

Day 4 covers project evaluation methods in depth, including both subjective evaluation and quantitative approaches such as paired comparison and the Analytical Hierarchy Process. Delegates also apply project life-cycle costing and Net Present Value calculations in a cost estimating workshop, developing the ability to evaluate VE alternatives on a rigorous, financially defensible basis that goes beyond subjective preference to support evidence-based project decision-making.  

Presentation and reporting skills are the focus of Day 5, covering how to structure VE study reports, how to select and communicate recommended alternatives clearly, and how to develop and deliver oral presentations to senior management and project stakeholders using effective interpersonal communication techniques. Delegates develop the professional communication capability to translate technical VE analysis into business-relevant recommendations that decision-makers can act on confidently.  

Day 3 focuses specifically on the creative phase — covering facilitation skills for overcoming creativity blockers, creative thinking techniques applicable within project environments, and structured brainstorming approaches that generate genuinely useful project alternatives rather than obvious or impractical ideas. Delegates apply these skills in a case study brainstorming workshop, building the facilitation confidence and creative leadership capability that effective VE team leadership requires.  

Life-cycle costing is addressed within Day 4 because value in VE is assessed over the full operational life of an asset or project, not just initial capital cost. Delegates learn how to calculate life-cycle costs, apply Net Present Value analysis to compare alternatives with different cost profiles over time, and make the case for VE recommendations that may have higher initial costs but significantly lower whole-life costs. This is a critical capability for VE practitioners working in asset-intensive or long-life project environments.  

The case study is introduced on Day 1 and applied progressively through every subsequent day — providing a consistent project scenario against which delegates apply FAST diagramming, brainstorming, quantitative evaluation, cost estimating, and final reporting in a connected, realistic sequence. This running application is what builds genuine VE practitioner capability rather than isolated technique familiarity, ensuring delegates leave with the experience of having worked through a complete VE study methodology from scoping to presentation.  

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