Value Management Professional

Course Code: VMP

Module 1: VMP1

Module 2: VMP2

 

COURSE INFO:

Module I :

Theoretical digestion of Value Management with good mixture of real case studies and practices.

Better insight of Value Management Job Plan and its importance as well as basic guidance on other management techniques as complimentary tools.

 

Module II :
Practical application of Value Management workshop with factual and relevant project to be undertaken by all members.

Facilitation skills and managing the VM workshops are revealed in the simulation mode together with proper set up of team groups and individual tasks.

 

 

COURSE SYLLABUS:

MODULE I: 

DAY 1

  • Issues on Project Implementation
  • Concepts of Value Management
  • Why Use VM?
  • When to Apply VM?
  • VM Job Plan
  • Function Analysis
  • FAST Diagram

DAY 2

  • Rules of Brainstorming
  • Paired Comparison Method
  • Evaluation Matrix
  • Value Index
  • Risk Analysis
  • Partnering

DAY 3

  • Concepts of Life Cycle Costing
  • LCC Elements
  • LCC Steps
  • Time Value of Money
  • Applications on LCC

 

MODULE II: 2 Days

DAY 1

  • Introduction
  • Project Presentation
  • Information Phase
  • Creativity Phase

DAY 2

  • Judgement Phase
  • Development Phase
  • Recommendation Phase
  • Conclusion

 

PRE-REQUISITE:

Professionals, Managers and those aspiring to adopt Value Management / Value Engineering in their day to day job activities

 

ACCREDITATION :

The modules are accredited by the Institute of Value Management Malaysia (IVMM).

 

COURSE PACKAGE:

  • Training Course Notes
  • Life Cycle Costing Software (optional)
  • Meals including two (2) coffee breaks and lunch during sessions
  • Certificate of Attendance