Value Analysis in Action

Content: This course will provide participants with an understanding of Value Analysis and an appreciation of how to benefit by VA and how to participate in Value Analysis. Value Analysis is a facilitated and creative process that generates alternative solutions to problems. The solutions maintain or improve function (what something does), while at the same time maximize value. The process involves six distinct phases or steps. The process of Value Analysis takes place in a workshop format. This course will demonstrate that everyone can benefit from Value Analysis. Target Audience: Anyone interested in improving value, quality and cost of a project, product or service. Note: This is an introductory level course. People who have taken SAVE Module 1 should not attend. Objectives: After completing this course you will be able to: Define Value Analysis, List and describe the phases of Value Analysis, Identify and describe Value Analysis techniques, List the benefits to project team members and organizations, Develop an action plan to apply principles on the job. Instructor: Ted Lane P.Eng., AVS is a Professional Engineer, licensed in Ontario. Ted is a Value Analysis consultant and the current Past-President of the Canadian Society of Value Analysis. Ted retired from the Ontario Ministry of Transportation in 2010, following a 35 year career focussed on the planning, design, construction and management of highways and bridges. In 1996, Ted led the establishment of the MTO's Value Engineering program, now an internationally recognized program with implemented savings approaching $1 Billion. In 2004, Ted received SAVE-International's Award of Merit in recognition of his contributions to Value Engineering in Government. While at the MTO, Ted participated in the development of the ministry's Value Analysis in Action training program that will he will be co-presenting at the conference. Mike Pearsall Cost: Complementary with conference registration. Duration: 1 day, Monday, Nov 14, 2011. Note: As stated above, registration for Value Analysis in Action training course is included in conference registration fees, pre-registration is required. back to top

Cost Risk Assessment

Content: This course will provide participants with an understanding of the principles of risk analysis and how to undertake a quantitative or cost risk analysis. Engaging in proactive Risk Management as a means to effectively drive change and action to control costs and manage schedule offers a means to enhance project and program delivery when considering areas of Value improvement in any related project, process, product, or organization. Risk Management and analysis of risk can be conducted as qualitative or quantitative frameworks. In either framework, the principles of enhancing overall project and program Value and delivering desired functionality at the optimal function, cost, and time components is achieved through effective management and proactive risk response mechanisms. In a world of uncertainties that constantly exists every day, knowing the effective means and measures to identify, evaluate, respond, and ultimately manage risks helps to demonstrate a whole new basis of adding Value to projects. Deploying effective Risk Management into project management practices or performing such studies on a standalone basis requires specific knowledge. Recognizing this need, this course specifically addresses the latest techniques and tools being used in broad-based industrial practice that can add yet another effective tool into any professional’s project and program management repertoire. This single day, 8 hour course will cover facets of Risk Management that aid in enhancing participant’s management tools and techniques across all industries. Topics covered will range from integrating Risk Management as a management tool, developing an effective risk management framework, qualitatively and quantitatively analyzing risk, observing economic uncertainties, developing a Risk Management Plan, to implementing active risk monitoring and control measures. This comprehensive course offers effective techniques that can be incorporated into any professional’s toolbox, regardless of whether or not Risk Management is the participant’s primary focus. Outline of Course: Introduction to Risk Management     a. Principles of Risk Management     b. Qualitative Risk Management     c. Quantitative Risk Management Sources of Uncertainty     a. Performance, Cost, and Time     b. External Sources The Risk Management Process     a. Risk Identification     b. Risk Analysis     c. Risk Response Planning     d. Risk Monitoring and Control The Risk Management Plan     a. Development of Risk Response Strategies     b. Execution of Risk Response Strategies     c. Updating the Risk Management Plan     d. Accepted Risk Management Strategies Risk Modeling     a. Use of the Washington State Department of Transportation (WSDOT) model     b. Sample model development Course Wrap-up     a. Recap of Risk Management Principles     b. Questions and Discussion Materials:   Copy of applicable Risk Management Software that is "Freeware" that can be used – [Washington State Department of Transportation (WSDOT) Risk Based Estimating Software (RBES)]. Copy of training material, inclusive of discussion topics, space for note and information capture, and practice examples. Items attendees must bring:   A computer that has Microsoft Excel 2003. Pen and paper for taking notes (based on personal preference). An open mind and a willingness to learn effective industrial tools for incorporation into professional practice. Instructor: Gregory Brink CVS, PMI-RMP, PMP, CCE/A Gregory Brink is the Principal Economist and Director of Risk Management for Value Management Strategies and is a Certified Value Specialist, Risk Management Professional, Project Management Professional, and Certified Cost Estimator/Analyst with 10 years experience. Mr. Brink has pioneered many unique and innovative analyses performing risk analysis, risk management, financial and life-cycle costing analysis, forecasting, value analysis, and economic impact analysis on projects of all scale and scope. Mr. Brink’s specializations through the use of Value Methodology include quantitative/qualitative risk and uncertainty modeling and analysis, risk management, project management, financial analysis, economic analysis, market analysis, and economic forecasting for both private sector and government organizations. Mr. Brink’s experience includes working on infrastructure (particularly transportation) and vertical construction projects of varying scale and scope, ranging from a million dollars to multibillion dollar engagements. Cost: $375 for the one day seminar. Note: Separate registration is required for this course. Training course is not included in conference registration fees. Duration: 1 day, Thursday Nov 17, 2011. Separate registration is required for this course. Time: 8:30am to 4:30pm back to top

Value Engineering Module II

Goals: Learn how to use VE/VA in many different situations Expand your know-how to other contexts Become more efficient moderators/facilitators Become true VE/VA professionals The course is based on the participants experience thus the attendees must have a basic knowledge of VE with a minimum of 3 or so VE workshops as participants of facilitator. A lot of discussion will take place, attendees must accept to share their knowledge with others to make this course interesting for all. Day 1 topics are: Project structure and team building and variations to the job plan. Day 2 topics are: Function analysis and the Functional Performance Specification, cost analysis and value engineering presentations Day 3 topics are: The creativity process, Value Management and personal skills Instructor: Lucie Parrot, eng. CVS-Life is an industrial engineer with over 20 years of value engineering experience. She is seen as a leader in the VE world and has been instructing VE courses for over 15 years. Her sense of humour always makes it fun to learn with her. Cost: $975 for the two and a half day seminar. Note: Separate registration is required for this course. Training course is not included in conference registration fees. Duration: 2.5 days (24 hours duration). Course hours: Wednesday Nov 16  1:00 p.m - 6:00 pm. Thursday Nov 17:  8:00 - 5:00 p.m. Friday Nov 18:  8: - 4:00 p.m.  Separate registration is required for this course back to top

Enhanced Brainstorming Using TRIZ (Theory of Inventive Problem Solving)

What One day seminar on structured innovation This workshop will provide a structured approach to brainstorming that is based on the fundamentals of TRIZ. TRIZ is the Russian acronym for Theory of Inventive Problem Solving. In this training session you will learn: The basic principles of TRIZ and the process for applying the tool How to uncover hidden opportunities for improvement How to use inventive principles to spark creative thinking to solve well defined problems The benefit of this approach is to break down psychological inertia by applying a structured set of abstract solution principles to the system's functions resulting in more innovative ideas generated in less time. Who Should Attend Directors, Engineers, Scientists, Technology Managers, R&D Managers, Engineering Managers, HR Directors, Value Engineers, Quality Specialists (Six Sigma Green Belts, Black Belts & Master Black Belts), Product Development Specialists and anyone who has responsibility for innovation. Why Should You Attend If your current methods are good, but need some improvement, then you should attend! If your margins are decreasing, your change programs result in meager – incremental improvements, then you should attend! If you want better returns from your Cost Reduction efforts, Quality Enhancement efforts, Product Development processes, then you should attend! How Will You Benefit? Improved creativity & inventive problem solving skills Be capable of providing invention on demand Develop breakthrough solutions providing increased economic value Be capable of recognizing and uncovering hidden resources which can be used to solve problems What Will You Cover? Fundamental concepts of structured innovation (Ideality, Function Models, Inventive Principles, Resources, Contradictions) How and where structured innovation complements and enhances Value Engineering methods; case studies How to implement structured innovation Instructor: John Borza, PE, AVS is Founder and President of Value Innovation, LLC, a firm that provides assistance to companies and individuals to improve creativity and business process efficiencies. John has been involved in creativity and innovation as an Engineer and Manager for over 30 years, concentrating the past several years in the area of Value Engineering and TRIZ. Mr. Borza earned a BS degree in Electrical Engineering and an MBA from the University of Michigan. He is an accomplished facilitator and instructor, and has successfully led numerous workshops in a variety of automotive product areas, resulting in significant cost reductions, improved products, and patentable innovations. He has trained hundreds of Engineers and Managers in Structured Innovation techniques, and has received high ratings for the 2-day pre-conference workshop (Enhanced Brainstorming Using TRIZ) which he has delivered at the last several SAVE International Annual Conferences (2009 – 2011). He is a Registered Engineer (Michigan), a SAVE International certified Associate Value Specialist, and an Altshuler Institute certified TRIZ Practitioner. John is currently the Immediate Past-President of the Greater Michigan Chapter of SAVE International; a member of the Altshuler Institute for TRIZ Studies; and a member of SAE (the Society of Automotive Engineers). Cost: $415 for the one day seminar. Note: Separate registration is required for this course. Training course is not included in conference registration fees. Duration: 1 day, Thursday Nov 17, 2011. Separate registration is required for this course. Time: 8:30am to 4:30pm back to top