COURSE OVERVIEW:

Value Management (VM) extends the principles of value engineering into the strategic and organizational realms, focusing on the alignment of "Project Objectives" with "Corporate Strategy." This course provides a high-level framework for Value Engineering and Management, focusing on the governance and leadership required to embed "Value-Thinking" into the entire project lifecycle. It addresses the strategic importance of "Stakeholder Consensus" and "Benefit Mapping" to ensure that large-scale investments deliver the maximum possible utility to the enterprise.

The scope of this training encompasses the technical application of "Value Management Workshops," the implementation of "Value Policy," and the management of "Organizational Value Culture." Participants will learn how to utilize "Soft Value Management" techniques for team alignment and "Hard Value Engineering" for technical optimization. The course provides practical tools for "Value Benchmarking," "Strategic Function Analysis," and the integration of "Sustainability" into the value framework.

Coverage includes the analysis of the "European Standard for Value Management" (EN 12973), the implementation of "Value Program Management," and the execution of "Strategic Value Audits." Attendees will explore the role of the "Value Manager" as a facilitator of strategic change and learn how to manage the "Portfolio Value" of competing projects. By mastering value engineering and management, professionals will be able to bridge the gap between technical design and business strategy, ensuring that organizational resources are deployed with maximum strategic impact.

COURSE OBJECTIVES:

After completion of this course, the participants will be able to:

• Design a "Corporate Value Management Policy" and Framework.
• Lead "Strategic Value Management" workshops for team alignment.
• Apply "Value Engineering" to complex technical systems.
• Integrate "Value Management" into the "Stage-Gate" process.
• Utilize "Benefits Realization Management" (BRM) as a value tool.
• Facilitate "Stakeholder Consensus" on project priorities and values.
• Implement "Value Benchmarking" across the project portfolio.
• Manage "Organizational Resistance" to value-driven change.
• Align "Project Value" with "Corporate ESG" and Sustainability goals.
• Evaluate "Intangible Value" (e.g., Brand, Reputation, Safety).
• Design "Value Performance Indicators" (VPIs) for reporting.
• Audit the effectiveness of "Value Engineering" interventions.

TARGET AUDIENCE:

This course is intended for Project Directors, Value Managers, Strategic Planners, Department Heads, and Lead Designers.

TRAINING COURSE METHODOLOGY:

A highly interactive combination of lectures, discussion sessions, and case studies will be employed to maximize the transfer of information, knowledge, and experience. The course will be intensive, practical, and highly interactive. The sessions will start by raising the most relevant questions and motivating everybody to find the right answers. The attendants will also be encouraged to raise more of their questions and to share in developing the right answers using their analysis and experience. There will also be some indoor experiential activities to enhance the learning experience. Course material will be provided in PowerPoint, with necessary animations, learning videos, and general discussions.

The course participants shall be evaluated before, during, and at the end of the course.

COURSE CERTIFICATE:

National Consultant Centre for Training LLC (NCC) will issue an Attendance Certificate to all participants completing a minimum of 80% of the total attendance time requirement.