Value Engineering (VE) is a systematic process of review and analysis of a project during the concept and design phases. VE is conducted by a multi-disciplined team of persons not involved in the project to provide recommendations such as: a) providing the
needed functions safely, reliably, and at the lowest overall cost; b) improving the value and quality of the project; and c) reducing the time to complete the project.
This Web-based training is intended to provide an overview of the Value Engineering process, know as the Value Engineering study. Included in the training is a discussion of the benefits of utilizing VE, the keys to completing a successful VE study, and
an overview of the objectives and tasks completed by the VE team at each phase.
Participants can complete this training independently. Those who plan on attending the 3-day Value Engineering classroom training must complete this online module prior to coming to class. Course certificates should be printed out and presented to the instructor
on the first day to verify completion.
Upon completion of the course, participants will be able to:
- Identify the purpose of Value Engineering and its benefits to a highway transportation agency.
- Identify the critical skills required to participate successfully in the VE study.
- Describe each phase of creating a Value Engineering Job Plan in terms of the objective and tasks.
The target audience for this course consists of FHWA and state highway agency personnel in management, administrative, and engineering disciplines who will participate as Value Engineering team members or who are interested in learning more about the process.
Consultants or agency representatives of all technical disciplines associated with project design, development, construction, and maintenance who will participate in a Value Engineering study should also attend.