Advanced Value Engineering: Value Analysis, PG Course

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Seminar or Course Number 112 - Advanced Value Engineering, Cost Effective Project Initiation Management and Delivery Course, Leading to Diploma – Postgraduate – in Advanced Value Engineering, Double-Credit, 60 Credit-Hours, accumulating to a Postgraduate Certificate, with 120 additional Credit-Hours, and a Postgraduate Diploma, with 300 additional Credit-Hours. Contents include Value Engineering, Project Scope, CIAPB, Cost Models, Value Analysis Phase, Case Analyses, Life Cycle Costing LCC, Project Life Cycle, Management of Change, Critical Incident Analysis, Process Control Mechanism, Project Coordination, The Value Chain, Job Design, Recruitment and Selection, Risk Management, Benefits of Value Engineering, Value Engineering Practical Applications, The Need for Cost Control, Measuring Property Value, Cost Modelling and Planning for Value Engineering Services, Cost Models for Value Engineering, Advanced Value Analysis Phases, Practicalising Advanced Value Engineering, The Management of Change, Development of a Project Life Cycle, Employee Resourcing, Project Decision Making, Interpersonal Relations and Staff Management, Worker Commitment and Job Design,


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Value Engineering for Value Engineers; Value Engineering for Project Managers; Value Engineering for Project Co-ordinators, Project Planning for Project Analysts, Engineering for Value Engineering Lecturers, Value Engineering for Value Engineering Consultants, Engineering for Value Management Specialists, Project Management for Cost Accountants, Project Management for Management Accountants, Value Engineering for Risk Managers and Risk Analysts, Value Engineering for Disaster Recovery Specialists, Value Engineering for Venture Capitalists, Project Management for Entrepreneurs, Modern trends and cutting-edge knowledge of Advanced Value Engineering Techniques and Management.


Seminar or Course Number 112 - Advanced Value Engineering Seminar or Course, Leading to Diploma–Postgraduate - in Advanced Value Engineering (Double-Credit), Accumulating to a Postgraduate Diploma. Click to download the PDF Brochure for this Course.


Course Co-ordinator:        

Prof. Dr. R. B. Crawford is Course Coordinator. He is the Director of HRODC Postgraduate Training Institute, A Postgraduate-Only Institution. He has the following Qualifications and Affiliations:

Doctor of Philosophy {(PhD) {University College London (UCL) - University of London)};

MEd Management (University of Bath);

Postgraduate (Advanced) Diploma Science Teacher Ed. (University of Bristol);

Postgraduate Certificate in Information Systems (University of West London, formerly Thames Valley University);

Diploma in Doctoral Research Supervision, (University of Wolverhampton);

Teaching Certificate;

Fellow of the Institute of Management Specialists;

Human Resources Specialist, of the Institute of Management Specialists;

Member of the Asian Academy of Management (MAAM);

Member of the International Society of Gesture Studies (MISGS);

Member of the Standing Council for Organisational Symbolism (MSCOS);

Member of ResearchGate;

Executive Member of Academy of Management (AOM). There, his contribution incorporates the judging of competitions, review of journal articles, and guiding the development of conference papers. He also contributes to the Disciplines of:

Human Resources;

Organization and Management Theory;

Organization Development and Change;

Research Methods;

Conflict Management;

Organizational Behavior;

Management Consulting;

Gender & Diversity in Organizations; and

Critical Management Studies.

Professor Dr. Crawford has been an Academic in the following UK Universities:

University of London (Royal Holloway), as Research Tutor;

University of Greenwich (Business School), as Senior Lecturer (Associate Professor), in Organisational Behaviour and Human Resource Management;

University of Wolverhampton, (Wolverhampton Business School), as Senior Lecturer (Associate Professor), in Organisational Behaviour and Human Resource Management;

London Southbank University (Business School), as Lecturer and Unit Leader.

His responsibilities in these roles included:

Doctoral Research Supervisor;

Admissions Tutor;

Postgraduate and Undergraduate Dissertation Supervisor;

Programme Leader;

Personal Tutor.


For Whom This Course is Designed

This Course is Designed For:

  • Corporate Managers;

  • Value Engineers;

  • Project Managers;

  • Project Co-ordinators;

  • Project Analysts;

  • Value Engineering Lecturers;

  • Value Engineering Consultants;

  • Value Management Specialists;

  • Cost Accountants;

  • Management Accountants;

  • Risk Managers;

  • Risk Analysts;

  • Disaster Recovery Specialists;

  • Venture Capitalists;

  • Entrepreneurs;

  • All those with a thirst for modern trends and cutting-edge knowledge of Advanced Value Engineering Techniques and Management.


Duration: 10 Days


 Cost:  £10,000.00 Per Delegate                      


The course cost does not include living accommodation. However, delegates are treated with the following:

  •  Free Continuous snacks throughout the Event Days;  

  •  Free Hot Lunch on Event Days;                           

  •  Free City Tour;             

  •  Free Stationery;                               

  •  Free On-site Internet Access;

  • HRODC Postgraduate Training Institute’s   Diploma – Postgraduate; or

  • Certificate of Attendance and Participation – if unsuccessful on resit.


HRODC Postgraduate Training Institute’s Complimentary Products include:

  • HRODC Postgraduate Training Institute’s Leather Conference Folder;

  • HRODC Postgraduate Training Institute’s Leather Conference Ring Binder/ Writing Pad;

  • HRODC Postgraduate Training Institute’s Key Ring/ Chain;

  • HRODC Postgraduate Training Institute’s Leather Conference (Computer – Phone) Bag – Black or Brown;

  • HRODC Postgraduate Training Institute’s 8GB USB Flash Memory Drive, with Course/ Programme Material;

  • HRODC Postgraduate Training Institute’s Metal Pen;

  • HRODC Postgraduate Training Institute’s Polo Shirt.



Course Contents, Concepts and Issues



Part 1: Introducing Value Engineering


  • What is Value Engineering?;

  • Value Engineering History;

  • 5 Precepts of Value Engineering;

  • Addressing the Problems through Value Engineering;

  • Benefits of Value Engineering;

  • The Reasons for Unnecessary Costs;

  • When to Apply Value Engineering;

  • How is Value Engineering Done?;

  • Concept of Value;

  • VE Methodology and Techniques;

  • Variations in Cost;

  • Interface with Other Programs;

  • Demonstrated Impact of VE.



Part 2: Value Engineering Practical Applications


  • Project Scope and Budget:

  • Elements of the Project Budget;

  • Prevalent Budgeting Techniques;

  • Contingency Amount;

  • Cost Control;

  • Defining Project Scope;

  • Parameters and Parameter Cost.

  • The Capitalized Income Approach to Project Budgeting (CIAPB):

  • CIAPB Objectives;

  • Measuring Property Value;

  • The Meaning of Capitalization;

  • The Capitalization Process;

  • The Need for Cost Control.



Part 3: Cost Modelling and Planning for Value Engineering Services


  • Preparation for Cost Models in Advanced Value Engineering:

  • Introduction to Cost Models;

  • Making Models;

  • Construction Cost Models;

  • Other Resources;

  • Types of Models.

  • Planning for Advanced Value Engineering Services:

  • Value Engineering Objectives;

  • Level of Effort;

  • Value Engineering and Total Project Management;

  • Team Selection;

  • The Value Engineering Job Plan.


Part 4: Advanced Value Analysis Phases


  • Phase 1 – Information Phase;

  • Phase 2 – Function Phase;

  • Phase 3 – Creative Phase:

  • Idea Stimulator Checklist.

  • Phase 4 – Analysis/Judicial Phase:

  • Analysis/Judicial Phase: Analysis/Development;

  • Analysis/Judicial Phase: Analysis/Evaluation.

  • Phase 5 – Recommendation;

  • Phase 6 – Presentation and Implementation.



Part 5: Advanced Value Engineering Case Analyses





Part 6: Practicalising Advanced Value Engineering


  • Life Cycle Costing (LCC):

  • Decision Maker’s Impact on Life Cycle Costing (LCC);

  • Life Cycle Costing (LCC) and Total Building Costs;

  • Life Cycle Costing (LCC) Terminology and Examples;

  • Life Cycle Costing (LCC) Methodology;

  • Application of Life Cycle Costing (LCC) to Buildings.

  • Integrating Value Engineering into the Construction Industry:

  • Planning and Design;

  • Construction;

  • Maintenance and Operations (M&O).



Part 7: Project Life Cycle, Creative Thinking and Costing


  • Planning – Conceptualisation, Analysis, Proposal, Justification, Agreement;

  • Doing – Start-Up, Execution, Completion, Hand Over;

  • Checking – Review;

  • Acting – Feedback;

  • Development of a Project Life Cycle, Project Brief and Proposal;

  • The Management of Change;

  • The Systems Approach to Project Management;

  • The Requirements of Successful Project Management;

  • Balancing Costs and Benefits;

  • Managing the Planning Process;

  • Critical Incident Analysis;

  • Project Control Mechanism;

  • The Value Chain: Adding Value to Processes, Products and Processes;

  • Project Decision-Making;

  • Project Coordination: The 5 Bases of Co-Ordination;

  • Developing A CATWOE Focus of Project Management.



Part 8: Employee Resourcing, Interpersonal Relations and Staff Management for Advanced Value Engineering


  • Worker Commitment and Job Design:

  • Moral Commitment;

  • Remunerative Commitment;

  • Calculative Commitment.

  • Recruitment and Selection as a Resourcing Activity;

  • Job Design;

  • Types of Job Design:

  • Mechanistic Job Design;

  • Biological Job Design;

  • Motivational Job Design;

  • Perceptual Job Design.

  • Salient Issues in Recruitment and Selection for Advanced Value Engineering:

  • Systematic Recruitment and Selection Process;

  • Conducting Job Analysis;

  • Designing Job Description;

  • Designing Personnel Specification;

  • Market Targeting;

  • Designing and Placing Advertisement;

  • Weighting and Using Candidate Assessment Form (CAF);

  • Non-conventional Personnel Selection;

  • The Value of Staff Induction;

  • The Concept of Motivation.

  • Motivating Workers for Advanced Value Engineering:

  • Theories of Motivation;

  • Content Theories & Some of Their Contributors;

  • Maslow’s Hierarchy of Needs;

  • Analysis of Maslow’s Claim;

  • McClelland's Studies;

  • Taylor: Money & Motivation;

  • Motivator-Hygiene Factor: Herzberg’s Contribution;

  • Process Theories;

  • Equity Theory;

  • Goal-Setting Theory;

  • Expectancy Theory;

  • Equitable Reward Systems;

  • Reinforcement Theories;

  • Reinforcement Theory;

  • Motivation and Contingency Theory;

  • Designing an Effective Motivation Strategy.



Part 9: Risk Management in Advanced Value Analysis


  • Defining Risk;
  • Contextualising Risk;

  • Formulating Risks Statements;

  • Risk Examples;

  • Non-Risk Examples;

  • Proposal Risk;

  • Performance Risk;

  • Management’s Perception and Calculation of Risk;

  • Risk Probability and Improbability;

  • The Traditional ‘Number Line’ and Traditional Risk Management Calculation;

  • ‘Risk-Improbability Scale or Continuum’;

  • Understanding Risk in Organisations;

  • Analyzing and Identifying Risk in Organisations;

  • Developing Strategies and Approaches to Treat and Manage Risk;

  • What Is Risk Management?;

  • Continuous Risk Management Example;

  • Non-Continuous Risk Management Example;

  • Evaluating Likely Risks and Consequences;

  • Assessing the Options for Accommodating Risks;

  • Prioritising Risk Management Efforts;

  • Developing Risk Management Plans;

  • Authorising the Implementation of Risk Management Plans;

  • The Context of Risk Management In Organisations;

  • The Link between Risk Management and Governance Arrangements;

  • Risk Management Standards; 

  • The Differing Levels of Risk within an Organisation, Business Risk, Project Risk and Process Risk;

  • Developing Criteria for Determining Acceptable Levels or Residual Risk.



Part 10: Crisis Management: Security and Natural Disaster Recovery in Advanced Value Engineering


Contingency Planning;

Continuity Management and Disaster Recovery;

Recovery Planning;

Recovery Planning and Logistics;

Business Continuity Management;

Introduction to BS 25999: Business Continuity Management;

Business Recovery Management.


Seminar or Course Number 112 - Advanced Value Engineering Seminar or Course, Leading to Diploma–Postgraduate - in Advanced Value Engineering (Double-Credit), Accumulating to a Postgraduate Diploma. Click to download the PDF Brochure for this Course.