« Back to course list

ONLINE: Value Engineering - Module 2, following EN12973 and SAVE (MAN953)


    Value Engineering training is an important topic for most professionals in any company. Participants will understand the value of products and processes and learn methods and tools to improve their customer value.

    This course covers Module 2 of the Value Engineering training and certifications system EN12973 of the V4E (ValueforEurope for value engineering and training system). In this second module the basic knowledge of Value Engineering / Value Management is increased and deepened, with the following objectives:
    • Deepening your basic knowledge of Value Management
    • Interpreting and weighing of customer opinions
    • Implementing approaches for the transformation of customer preferences into development priorities
    • Understanding and applying Cost Engineering & Target Costing
    • Setup of Value Management projects

    Course Structure: 2 modules of max. 7 hours each, delivered over 2 days
    Each day will consist of 1 module which will be no more than 7 hours in length with ample time for delegates to break for refreshments.

    Course Level: Skill
    Duration: 2 days
    Instructor: Manfred Ninaus

    Designed for you, if you are...

    • An employee inside any organisation, who wants to solve complex problems by using Value Engineering / Value Management:
      - Designer
      - Product manager
      - Project manager
      - Innovation manager
      - Controller
      - Cost engineer, etc

    How we build your confidence

    • Basic knowledge is transferred by live, online video lectures
    • Group works on special topics
    • Execution of a VE study from beginning till the end, VE project description
    • Some group works are supported by Excel templates and online tools to simulate daily work

    The benefits from attending

    • In this second module the basic knowledge of Value Engineering/ Value Management is enlarged. The participants get to know complementary approaches to optimisation
    • One focus is on target costing using VE / VM - another is on setting up VE projects.
    • Furthermore, value engineering with suppliers is addressed


    Being able to develop customer requirements
    • Define customer requirements
    • Persona Creation as an image of the customer
    • Prioritise customer requirements

    Integrate customer requirements into the development process
    • QFD (Quality Function Deployment)
    • Being able to work out target costing and target costs
    • Being able to develop priorities in the benchmark

    Deepening team moderation
    • Roles within the team - the team moderator
    • Team compositions & characters in a team
    • Practice-oriented moderation of individual workshops

    Definition of Value Management projects
    • Being able to create potential analyses for Value Management
    • Being able to perform cost-benefit calculations of VM projects
    • Creating a VM project profile

    Processing of a practice-oriented case study
    • Application of the VM methodology
    • Teamwork




    HOT Engineering GmbH   Tel: +43 3842 43 0 53-0   Fax +43 3842 43 0 53-1   hot@hoteng.com