Cost Value Engineering is a major module for students that take quantity surveying course. This module stands up of 4 credit hours and it’s taught by Sr.Loo. This module is basically about the idea of unnecessary cost and cost cutting exercise in the cost planning and control stage.
Module Learning Outcomes
This module provides me an knowledge on the general value process, function analysis and team dynamics in the client’s value system. Besides that, this module help me to identify the solutions to undertake value studies at different stage of a project. In addition, it also recommend me a more collaborative effort towards the promotion and awareness of value management in Malaysian construction industry in an effort to achieve value for money invested.
Syllabus
C1-Introduction to Value Management
C2-Definition of Value Management
C3-History and philosophy of Value Management
C4-Distinction between Value Engineering/Value Management/Value Analysis
C5-Concept of Value, Cost, Function and Worth
C6-Unnecessary Cost
C7-Implementation of Value management
C8-Value Management Tools and Techniques
C9-The Job Plan and Workshop
C10-The Facilitator
C11-Benefits of Value Management-Financial and Non-Financial
C12-Problems and Constraints in Value Management
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