This full day course will teach the project managers, estimators and field foremen to identify and reduce all the applicable risk early on in the project start up. Participants will learn the implementation steps for an effective and consistent Value Engineering process, which will improve productivity and profits of the projects.
Design for Value Engineering to Increase Job Profits
Description
Duration: 1 Day
Instructor: Dr. Perry Daneshgari
A specialty contractor should be and stay profitable as long as it has backlog. To improve the profits of jobs a very detailed Value Engineering (VE) is necessary. Only contractors that can improve productivity through better management of time, cost and quality will increase backlog’s profits. Reduction of risk early on in the project will help to improve profits. This course addresses how to prepare and conduct a VE session in order to improve profits. Issues addressed are: identification of job risk, labour risk prediction, procurement planning to reduce labor cost, safety plan, technical risk reduction, business risk reduction, integration risk reduction. This full day course will teach the project managers, estimators and field foremen to identify and reduce all the applicable risk early on in the project start up. Participants will learn the implementation steps for an effective and consistent Value Engineering process, which will improve productivity and profits of the projects. The seminar is based on research conducted by MCA for the construction industry.
