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Explore a different way to allocate cost, time, space, and other resources in your products or projects to frame value improvement opportunities that are not as evident in traditional parts-oriented cost estimates
This practical and comprehensive training provides a different approach to understanding what a project or product uses resources for.
It introduces the resource allocation process commonly used to convert your project’s existing resource models, such as cost estimates, space models, or process maps, into function-oriented estimates that will drive different value improvement queries and solutions.
This final course of the Advanced Function Analysis Series completes the final piece that Value Engineering Professionals need to master the most essential tools and techniques used to improve the relationship between a project’s performance and the resources used to achieve them.
Whether you're a seasoned professional or a curious beginner who completed the previous two days of this series, this course offers valuable insights applicable across various sectors, including product design, construction, and process improvement.
YOU NEED THIS TRAINING IF:
You are a professional responsible for improving projects in an environment where all low-hanging fruits are no longer available, and you need to use a different approach to find innovative ideas.
You are currently a Certified Value Specialist (CVS) and want to hone your Function Analysis skills for more than one industry
You want to sharpen your facilitation skills in Function Analysis for your future VA/VE Studies
You are looking to complete Professional Development Units (PDUs) under the Function Analysis Competence
You are preparing for the Certified Value Specialist (CVS) exam
You have been part of a VA/VE team and experienced Function Analysis under the leadership of a CVS, and you now want to learn it yourself
You completed a Value Methodology Fundamentals 1 course and want to sharpen your Function Analysis skills beyond what is presented in it
You just feel Value Engineering is fun!
COURSE CONTENT
The Difference between “Resource Allocation” in FA and “Cost Estimation”
Resource Models Used in Function Analysis
Cost Models
Bill of Quantities
Bill of Materials
Space Models
Time Models
Uses of Resource Allocation in Value Studies (Prioritizing Functions)
Resource-to-Function Matrix
Structure of the Matrix
How to use it
Resource-to-Function Discussion
Manufactured Products
Construction Projects
Processes
Team Practice
Adjourn
Registration form and detailed brochure [Download here]
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