Value Engineering

**Value Engineering (VE)** is a systematic, creative process focused on achieving the required project function at the lowest life-cycle cost consistent with quality, reliability, and performance. This methodology moves beyond simple cost-cutting to analyze **function** and identify alternative solutions that optimize the value equation (Value = Function / Cost). Participants will master the formal VE job plan, including functional analysis, creative idea generation, and rigorous evaluation techniques. The training is essential for project stakeholders seeking to drive significant project savings and enhance performance without sacrificing the necessary purpose of the deliverables.