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About VAVE : Value Analysis & Value Engineering

This 1-Day Certification Program on Value Analysis and Value Engineering (VAVE) is crafted for professionals eager to maximize product value while strategically reducing costs. The program provides a hands-on approach through practical exercises and real-world case studies, enabling participants to assess product functions, uncover cost-saving opportunities, and improve performance. Whether you’re in design, engineering, procurement, or process improvement, this training offers the essential methodologies to support cost-efficient, value-focused decision-making.

 

Ideal for professionals seeking to drive innovation and operational excellence, this program empowers you to implement VAVE principles effectively within your organization. With tools and techniques to streamline processes, eliminate waste, and increase efficiency, participants will gain a robust framework to lead value engineering initiatives that boost productivity, foster cross-functional collaboration, and enhance product competitiveness in today’s market.

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FAQs

Program Details

  • Product Design Engineers / Industrial Engineers
  • Operations Managers / R&D Engineers and Managers
  • Directors / CXOs / Founders
  • Supply Chain and Procurement Managers
  • Project Managers/ Plant Head
  • Process Improvement Specialists
  • Lean Six Sigma Practitioners
  • Quality Engineers
  • Cost Reduction: Significant reduction in production and operational costs through a structured approach to analyzing value.

 

  • Increased Product Value: Enhanced product functionality at a lower cost, leading to higher customer satisfaction and market competitiveness.

 

  • Better Resource Utilization: Optimized use of materials and human resources, leading to reduced waste and increased efficiency.

 

  • Innovation Stimulation: Encourages innovation by identifying alternative solutions for achieving the same or better product performance.

 

  • Sustainable Profit Growth: The organization benefits from long-term financial gains due to lower production costs and improved product margins.
 
  • Training includes a practical approach with case studies and real-life applications.
  • Accredited certification with lifetime validity.
  • After the successful exam you need to get at least 50% marks to eligible for the certification
  • Once you scored 50% in the exam then you need to fill up the form using the link below and enter your details for the certification.
  • ASCB “Worldwide” Accreditation is the only accreditation board which allows permanent online view of all Successful Participants’ profile on the International Registrar of Quality
  • Accredited Organization’s website www.irqao.org with their photograph, Name, Number, Address, Email id etc.
  • Global Recognition through International Accreditation.
  • ONLINE CERTIFICATE PERMANENTELY LISTED ON WWW.ASCB.COM
  • LIFE TIME VALIDITY OF CERTIFICATE
  • FACULTIES ARE VALIDATED AND APPROVED

Contents Of The Program

01. Understand Basic Concept of Value Engineering

Learn the foundation of VAVE principles and its significance in cost optimization and product improvement. -- Discover the critical role of value engineering in enhancing product functionality while minimizing costs.

02. Scope of Value Engineering

Explore the wide applications of value engineering across industries. -- Understand how VAVE can be applied at different stages of product design, development, and process optimization. -- Identify areas within your organization where VAVE can make the most impact.

03. Group Dynamics in Cross-Functional Teams

Leverage the power of diverse team expertise to drive VAVE success. -- Understand the importance of collaboration between design, engineering, procurement, and operations. -- Learn best practices for fostering innovation and synergy within cross-functional teams.

04. Phases of a Value Engineering Project

Phase 1: Information Gathering – Understand current processes and products to identify areas for improvement. -- Phase 2: Function Analysis – Break down product or process functions and costs.-- Phase 3: Creativity – Brainstorm alternative ways to achieve the same or enhanced functionality at lower cost. -- Phase 4: Evaluation – Assess the feasibility of the proposed solutions. -- Phase 5: Development – Detailed design and planning of selected alternatives. -- Phase 6: Implementation – Execution and monitoring of value engineering improvements.

05. Function Analysis System Technique (FAST)

Master the FAST methodology to identify and categorize product functions. -- Learn how to use FAST to generate innovative, cost-effective solutions while maintaining or improving functionality.

06. The Need and Benefits of Value Engineering in Today’s Market

Explore the growing importance of VAVE in the current economic landscape. -- Discover how organizations across sectors are benefiting from value engineering to stay competitive. -- Understand the advantages of integrating VAVE into your company’s processes—cost reduction, better resource utilization, and sustainability.

07. Case Study Presentation

Real-world case studies showcasing successful VAVE implementations across various industries. -- Understand how companies have achieved breakthrough cost reductions and process improvements using value engineering. -- Interactive discussions on lessons learned and takeaways from each case study.

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07. Hands-On Classroom Workshop: Real-Time Value Engineering Example

Engage in a small group workshop with practical examples of value engineering applications. -- Solve a real-life problem using the value engineering framework with expert guidance. -- Immediate feedback and insights to help apply VAVE principles within your own organization.

08. Q&A Session

Engage with the facilitators in a Q & A session where you can ask specific questions, seek clarifications, and discuss any topics of interest in more detail. This is an opportunity to address any uncertainties and gain deeper insights into the program material.

EXAM (1 Hour)

Examination

Training Methodologies

Lecture / Discussions

Engage participants through informative lectures, fostering interactive discussions to enhance understanding.

Presentation through Audio-Video

Utilize multimedia tools to deliver dynamic presentations, facilitating visual and auditory learning experiences.

Role Play

Encourage active participation through role-playing scenarios, promoting practical application of theoretical concepts.

Learning by doing

Emphasize hands-on activities to reinforce learning, enabling participants to acquire skills through experiential practice.

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Neeraj Srivastava

Senior Consultant ,
Concept Business Excellence

Our Team

Meet Our Faculty

With 30+ years in manufacturing engineering and project management, he has led cost-saving, lean transformation, and quality optimization initiatives across top roles at Setco Automotive, Gunnebo India, Lear Automotive, and others.

With a B.E. in Mechanical Engineering, he brings specialized credentials, including a certification in Production and Operations Management from Delhi IIT/IACT, and as a Certified Internal Quality Auditor for TS 16949:2002. Additionally, Neeraj is a Certified MOST Analyst in Work Measurement Systems, equipping him with an advanced skills in quality auditing and efficiency optimization across manufacturing operations.

Certificate After Completion

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Program Details

Date

10th January, 2024
(Friday)

Time

10 AM to 5 PM

Mode

Online : Zoom Meeting & Offline: CBE Learning Office, near Genda Circle, Vadodara , Gujarat

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On-Site Training

Yes the same training course can be planned at your organization.