Home Advanced Value Engineering

Advanced Value Analysis and Value

Engineering Workshop

quick enroll sample 3  Course: APM012  PDU: 35
Duration: 5 Days

Apollo VA / VE Workshop


Successful VA / VE projects rely on comprehensive integrated management principles, tools and techniques. Through hands-on activities, using extensive case studies, attendees will gain practical skills to coordinate the development of, oversee, evaluate and critique VA / VE projects and programs using proven VA / VE techniques. International standards and latest tools will be introduced to ensure the candidates will get the latest best practices for their job.

This five day interactive workshop will provide participants with the tools to achieve success. Through an interactive step-by-step process, this workshop allows you to practice through case studies with a systematic approach into the project monitoring and control using Earned Value Management method. This allows candidates to obtain early warning and time to perform correction to maximize the chance of VA / VE project successes.

Who Should Attend
Anyone who is currently involved directly or indirectly in the VA / VE projects and management will be benefited to this training. People in the following categories will find this workshop particularly useful:
  • General management
  • Engineers
  • Quality
  • Marketing
  • Program managers
  • Senior program managers
  • Project managers
  • Program directors
  • Sponsors
  • Anyone who is involved in VA / VE projects/programs and cost budgeting
Topics Covered:
Through an immersive, simulated case study, you gain practical experience evaluating the development and implementation of a complex Value Analysis – Value Engineering management system. The methodologies, process, tools and techniques will be incorporated into the workshop to ensure candidates will get the maximum learning benefits. Activities include:

Day 1
Introduction – Preparing for the opportunity

  • Value Engineering
  • Value Management & Applications
  • Creative Thinking Process
  • Case Study and workshop
  • Reasons for Poor Value
  • FAST Techniques (Functional Analysis System Technique)
  • VE Job Plan
  • Case Study and workshop


Day 2
The Preparation and Analysis Phase

  • Value Engineering Phases
  • Orientation Phase
  • Information Phase
  • Function Analysis Phase
  • Product Life Cycle Cost Model
  • Case Study and workshop
  • Total Cost of Ownership
  • Case Study and workshop
  • Creative Phase
  • Idea Generation & Brainstorming
  • Case Study and workshop

Day 3
The Action Phase

  • Pugh Matrix (Criteria Based Matrix)
  • Competitive Analysis & Benchmarking
  • Cost estimation
  • Application of DFMA (Design for Manufacturing Analysis) Software
  • Use of QFD - Quality Function Deployment
  • House of Quality - Requirement Analysis phase, Spec phase, Process phase, Quality Implementation phase
  • Case Study and workshop


Day 4
Implementation and Monitoring, Tools and Techniques

  • ANSI/EIA 748A Standard implementation
  • VA-VE tool overview
  • Application of Microsoft Project for Earned Value monitoring and control
  • Project modeling and implementation
  • Tooling Considerations
  • Rapid Prototyping Techniques
  • Soft Tooling


Day 5
Harvest the Results

  • Evaluation Phase
  • Product Testing
  • Project Organization
  • The Team
  • Recommendation Phase
  • Implementation Phase
  • Development Transfer
  • Audit Phase
  • Case Studies
  • Evaluation
  • Lessons Learned
  • Post Implementation Benefit Review




Project Planning Tools
The earned value planning tool provides a convenient way to record, track and monitor various activities in the overall event planning. The event can be divided into phases and projects. Each can be sorted and analyzed from each category.
Project Planning Tools
The earned value planning tool provides a convenient way to record, track and monitor various activities in the overall event planning. The event can be divided into phases and projects. Each can be sorted and analyzed from each category.


Course Facilitator

Francis Hung, P. Eng, MBA, PMP, PRINCE2, MSP, P3O, ITIL, EIPM is a bilingual professional specializing in portfolio, project and program management and purchasing management. For the past 30 years he has worked with large companies in project and project office managements from the US, Canada and Asia. In particular, his work in the adaptation of project management processes and his creation of earned value management tool to assist business to manage their projects more effectively. Thanks to his years of experience with Nortel, Systek and North America aerospace industries, he brings practical information, an insider's view of the corporate world, and many live experiences to match the theory to reality. Francis was a Nortel program manager and senior VP of Systek directing multiple large projects simultaneously following the Nortel corporate project management process, which he now applies to his own independent project management consulting business. His works on the aerospace industry has made many contributions to the US defense and NASA projects.



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Earn credits from PMI

Apollo course participants can earn professional development units (PDUs) for attending the PMI courses through our partner Protrain China for all Project Management Program courses.



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