Celebrating over 20 years of Built Environment Education, Research & Advice

Devan Nair Institute for Employment & Employability

80 Jurong East Street 21
#04-08, Singapore 609607
Tel: (65) 6563 4166
Fax: (65) 6563 4156
Email: enquiry@recc.com.sg

Executive Training Courses

11th Run 1-DAY TRAINING COURSE

VALUE ENGINEERING AND MANAGEMENT
A Structured Approach to Reducing Construction & Life Cycle Costs

» Qualified for 7 PDUs by PE Board

COURSE BACKGROUND

High demand and limited supply of materials and labour has led to some 40% increase in construction costs in Singapore. Industry players have responded by trying to cut costs down the line. Indiscriminate cost cutting could result in a ‘cheapened’ product/service and impact subsequent operating and maintenance costs.

Value Engineering & Management (VEM) is a structured approach to assess a project/ system/product/service with the aim of seeking cost savings without compromising functionality, performance and reliability. In the process it attempts to:

- Remove unnecessary cost with no loss in function
– Provide the required function at the lowest life-cycle cost.

VE was first introduced in the 50′s and was rapidly adopted due to its effectiveness. The US Public Building Service introduced mandatory VE requirements in the design stage of Traditional Contracts in 1968 and wrote it in as a service requirement in construction management contracts in 1972.

The benefits of VEM are not well appreciated in Singapore possibly due to a lack of knowledge. As construction costs continue to rise, VE will have to be a norm rather than an option in the pursuit of providing a product/service at the lowest possible cost without compromising performance requirements.

COURSE OBJECTIVES

The course will provide fundamental knowledge of VEM principles, process and methodology. The follow-up workshop will provide hands-on skills to apply key VE methodologies.

COURSE PROGRAMME (9.00 am – 6.00 pm)

  • Introduction to Value Engineering and Management
    • Value, Value Engineering & Value Management
    • Origin and Drivers
    • Savings & Benefits
  • Building Project Life Cycle & Value Engineering
    • Project Phases & Parties Design Phase
    • Applying VE: Factors to Consider
    • VE Pre-requisites & Study Team
  • Value Engineering Job & Job Plan
    • Selecting the VE Job
    • VE Job Plan
      • Information Phase
      • Speculation Phase
      • Analytical Phase
      • Proposal Phase
      • Final Report Phase
  • Value Engineering Methodology & Supporting Techniques
    • Function Analysis
    • Cost Worth Ratios
    • Weighted Evaluation
    • Life Cycle Costing
  • Seeking and Selecting More Cost Effective and Higher Value Solutions
    • Key Questions
    • Checklist
    • Evaluation
    • Selling the Solution

COURSE LEADERS

Dr Quah Lee Kiang PhD, MSc (Maintenance Management), BSc Building, FRICS

Dr Quah is the Director of the Real Estate & Construction Centre and the Real Estate & Construction Academy in Singapore. She has extensive regional and international experience in Project and Facilities Management & Maintenance research, advice and academia.

Dr Quah led the EU funded project BE4213 Condition Assessment and Maintenance Strategies for Buildings and Building Components, which among other things, sought to develop an objective building condition assessment system. This project formed part of ongoing research over the last 20 years which culminated in Dutch Standard NEN 2767 on Condition Assessment of Buildings, believed to be a ‘world first’.

Dr Quah’s professional and research affiliations include being Coordinator of the International Council for Research and Innovation in Building and Construction (CIB) Working Commission 70 on Facilities Management and Maintenance for a decade and past President of the Chartered Institute of Building Singapore Centre.  She was also a member of the Royal Institution of Chartered Surveyors (RICS) Asia Board, Singapore Board and Asia Pacific Sustainability Board.

Dr Quah was conferred an Honorary Fellow by Oxford Brookes University for her work in real estate and construction education and the unusual impact her career has had on this particular academic field in Asia.

COURSE DATE AND VENUE

Friday 14 Dec 2018 / Friday 11 Jan 2019 / Monday 1 Apr 2019

Devan Nair Institute for Employment & Employability
80 Jurong East St 21, Singapore 609607

COURSE FEES

$615 nett per person. Course fees includes full colour course documentation and refreshments at tea breaks. For company-sponsored candidates, course fees are $502.50 nett after E2i Professional Development funding which will be granted on successful completion of an RECC Course Registration Form (please note that funding places are limited).   

For individuals, all Singaporeans aged 25 and above can use their $500 SkillsFuture Credit from the government to pay for a wide range of approved skills-related courses. Visit the SkillsFuture Credit website (www.skillsfuture.sg/credit) to choose from the courses available on the Training Exchange course directory. NTUC members may claim up to $250 under the Union Training Assistance Programme (UTAP). 

COURSE ACCREDITATION AND CERTIFICATE OF ATTENDANCE

The course has been approved for 7 PDU units under the PE Board Continuing Professional Development programme. Attendance certificates will be issued; they may also be suitable for meeting the CPD requirements of other relevant professional bodies not operating a CPD course accreditation system.

WHO SHOULD ATTEND

The course will benefit those who have a vested interest in buildings including:

  • Developers
  • Building Owners
  • Government Officials
  • Architects
  • Engineers
  • Project Managers
  • Quantity Surveyors
  • Contractors/Sub-Contractors/Suppliers
  • Property Managers
  • Facilities Managers
  • Maintenance Managers
  • Management Corporations
  • Town Councils
  • and Others

CANCELLATIONS

Cancellations made one week before the scheduled commencement date of the course will be subjected to an administrative fee of $100.00. The full fee of $615.00 will be payable thereafter for any cancellation; substitutions can be made at any time.

COURSE ENQUIRIES AND REGISTRATIONS

Mr Ken Chew
Tel: 6563 4166
Fax: 6563 4156 
E-mail: exectrg@recc.com.sg

PLEASE NOTE

It may be necessary for reasons beyond RECC’s control, to change the content and timing of the programme and the identity of the course leader/s.

 

Back

Some photographs on this website are reproduced with the kind permission of Ipostudio Architects, Italy.
Home | About Us | Job Re-creation Programme | Skills Re-development Programme | Executive Training | Research and Consultancy | Contact Us
Copyright © 2013 Real Estate and Construction Centre (RECC). All Rights Reserved. Web Design by Verz