Project Management · Professional · Corporate
VESPM
Value Engineering Skills
Project Management
Professional level
10 Modules
30 Topics
Corporate
In-house or live virtual
Certification
Blue Ocean Academy certificate
VESPM
Choose your enrolment option
Tailored delivery for teams.
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Blue Ocean AcademyCorporate training terms and scheduling policies apply
About the VESPM Program
Value engineering skills teach teams to improve function at lower cost without reducing performance. Participants work through the value job plan: information gathering, function analysis, creative alternatives, evaluation, development and presentation of proposals. Cost and worth models, function diagrams and life cycle cost are applied to real designs. Delivered in-house at your premises or live virtual for your team, using one of your current projects as the study.
What You Will Learn
- Apply the value job plan step by step
- Analyze function using verb and noun definitions
- Build cost and worth models for comparison
- Create alternatives that keep required function
- Evaluate options against cost, risk and performance
- Calculate life cycle cost for design choices
- Present value proposals that get approved
- Measure savings actually delivered after implementation
What you take away
Skills You'll Build
Function analysis
Cost modeling
Alternative evaluation
Value proposals
Core Topics
Who Is This Program For?
Design engineers
Cut cost without losing required function
Project managers
Run value studies on live projects
Cost engineers
Build cost and worth comparisons
Procurement leads
Challenge specification cost with evidence
Operations managers
Reduce life cycle cost of assets
Construction managers
Find buildable lower cost alternatives
What's Included?
Delivered in-house at your premises or live virtual- Value study templates and course materials
- A live value study on one of your projects
- Blue Ocean Academy certificate for every participant
Blue Ocean Academy
Corporate training terms and scheduling policies apply
Course Outline
- Value, function and cost defined
- Where value is lost on projects
- When to run a value study
Every participant receives a Blue Ocean Academy certificate of completion
Choose How You Learn
Showcase Your Project Management Expertise
Every participant receives a Blue Ocean Academy certificate that can be verified by their employer. Corporate clients receive a completion report for the whole cohort.
Digital Certificate
Verifiable Credential
Professional Recognition
Cohort Completion Report
Corporate training
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