Introduction
Course overview
The greatest opportunity to improve value on a construction project exists early, when design decisions are still flexible. Value management brings clients, designers, cost consultants and contractors together to clarify what the project must achieve and to find better ways of delivering those functions, avoiding both unnecessary cost and the loss of essential quality.
This Value Management in Construction Design training course explains the principles and practice of value management and value engineering. Participants learn how to define value for a project, analyse functions, generate creative alternatives, evaluate options using cost and performance criteria, consider whole-life costs and facilitate value workshops at different design stages.
The course distinguishes genuine value improvement from simple cost cutting and shows how to embed value thinking into project governance.
Global Learning for Operational Leaders