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Advanced Value Engineering and Construction Project Management Course

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Milan

Milan

Italy

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This Course is Designed For:

 Executives of Construction Companies;
 Contractors;
 Civil Engineers;
 Architects;
 Managers of Construction Companies;
 Project Managers;
 Project Team Leaders;
 Value Engineers;
 Value Analysts;
 Project Monitoring Personnel;
 Productivity Specialists;
 Functional Managers;
 Individuals with a genuine interest in Issues associated with construction management.

Duration: 20 Days

Course Contents, Concepts and Issues

Part 1: Project Participants

 Owner as Participant;
 Owner Representative as Participant;
 Design Professionals as Participants;
 Constructor as Participant;
 Specialty Contractors as Participant;
 The Trades;
 Union Vs. Merit Shops;
 Material Suppliers;
 Other Participants;
 Characteristics of a Good Project Manager

Part 2: Project Delivery Methods

 Project Risk and Liability;
 Source of Risk;
 Delivery Methods;
 Modified Design-Build;
 Constructors as Construction Manager;
 Pure Construction Manager.

Part 3: Contract Management

 Contract Types.

Part 4: Construction Project Management Stages

 Project Initiation;
 Feasibility Study;
 Design Team Selection;
 Design and Value Engineering;
 4 Stages of Project Design;
 Procurement Phase;
 Kick-off Meeting;
 Construction Phase;
 Turnover and Start-up;
 Operation and Disposal.

Part 5: Advanced Value Engineering for Construction Management

Value Engineering, Defined

 What is Value Engineering?;
 Value Engineering History;
 5 Precepts of Value Engineering;
 Addressing the Problems Through Value Engineering;
 Benefits of Value Engineering;
 The Reasons for Unnecessary Costs;
 When to Apply Value Engineering;
 How is Value Engineering Done?;
 Concept of Value;
 VE Methodology and Techniques;
 Variations in Cost;
 Interface with Other Programs;
 Demonstrated Impact of Value Engineering (VE).

Project Scope and Budget

 Elements of the Project Budget;
 Prevalent Budgeting Techniques;
 Contingency Amount;
 Cost Control;
 Defining Project Scope;
 Parameters and Parameter Cost.

Preparation for Cost Models in Advanced Value Engineering

 Making Models;
 Construction Cost Models;
 Other Resources;
 Types of Models.

Planning for Advanced Value Engineering Services

 Value Engineering (VE) Objectives;
 Level of Effort;
 Value Engineering (VE) and Total Project Management;
 Team Selection;
 The Value Engineering (VE) Job Plan.

Advanced Value Analysis

 Phase 1 – Information Phase;
 Phase 2 – Function Phase;
 Phase 3 – Creative Phase;
 Phase 4 – Analysis/Judicial Phase;
 Phase 5 – Recommendation;
 Phase 6 – Presentation and Implementation.

Life Cycle Costing

 Decision Maker’s Impact on Life Cycle Costing (LCC);
 Life Cycle Costing (LCC) and Total Building Costs;
 Life Cycle Costing (LCC) Terminology and Examples;
 Life Cycle Costing (LCC) Methodology;
 Application of Life Cycle Costing (LCC) to Buildings.

Integrating Value Engineering into the Construction Industry

 Planning and Design;
 Construction;
 Maintenance and Operations (M&O).

Project Life Cycle, Creative Thinking and Costing

 Planning – conceptualization, analysis, proposal, justification, agreement;
 Acting – feedback;
 Development of a Project Life Cycle, Project Brief and Proposal;
 Balancing Costs and Benefits;
 Managing the Planning Process;
 Critical Incident Analysis;
 Project Control Mechanism;
 The Value Chain: Adding Value To Processes, Products and Processes;
 Project Decision-making.

Part 6: Construction Services during the Design Process

 Request for Proposal (RFP) Response;
 Typical Format of a Request for Proposal;
 Developing a Successful Request for Proposal;
 Preconstruction Services;
 Long Lead Items;
 Construction Work Packages.

Part 7: Bidding, Procurement and Construction

 Bidder Prequalification;
 Bidding Process;
 Bidding Strategies;
 Work Breakdown Packages;
 Analysis of Bids;
 Award of Contract;
 Subcontracts;
 Filed Office Organisation;
 Staffing;
 Procurement.

Part 8: Project Cost Estimation

 Defining ‘Estimate’;
 Uses of Estimate;
 Estimating Time vs. Accuracy;
 Determinants of Estimate Accuracy;
 Estimate Considerations;
 Order of Magnitude Estimates;
 Square Foot Estimate;
 Assemblies Estimate;
 Unit Price Estimate;
 The Estimating Process;
 Guidelines before Starting Estimate;
 Quantity Take-Off;
 Types of Costs in a Construction Estimate;
 Material Pricing;
 Labour Pricing;
 Indices;
 Office Overhead;
 Profit.

Part 9: Project Planning and Scheduling

 Construction Schedule;
 Objectives of Schedule;
 Scheduling Uses;
 The Critical Path Method;
 Diagramming Formats;
 Establishing Sequence;
 Construction Project Manager Job Calculations;
 Definition;
 Total Float;
 Calculation Steps;
 How to Plan a Project?;
 Planning a Project: Initial Idea;
 Breaking the Job Down Into Activities;
 Activity Types;
 System for Description;
 Separating the Activities;
 Level of Detail;
 Activity List Development: Tips;
 Planning the Sequence of Work;
 Priority of Relationships;
 Development of the Overall Logic Diagram;
 Establishing Work Sequences;
 Rules for Estimating Durations;
 Adjustment of Calculated Times;
 Calculations of Activity Durations;
 Derivation Typical Means Line;
 Durations Using the BCCD;
 Goals of the Project Calculation Procedure;
 Calculating Overall Job Duration;
 Advanced Calculations;
 Communicating Schedule Information;
 Monitoring and Controlling the Project;
 The Monitoring Process;
 Monitoring Progress;
 Steps in Updating;
 Frequency of Updating;
 Updating the Individual Activities;
 Where to Find Progress Information;
 Comparing Progress to Goals;
 Analyzing Job Status;
 What to Look For In Project Reports;
 Taking Corrective Action;
 The Key Element of Communication.

Part 10: Controlling Project Cost, Time and Quality

 Basic Control Question;
 Excessive Control;
 Insufficient Control;
 Projects as Iterations;
 Control Objectives;
 Considerations of Good Reports;
 Project Participants;
 Cost Engineer Responsibilities;
 Categories of Cost;
 Objectives of Cost Control;
 Cost Control System;
 Cost Control Procedures;
 Formulating Cost Codes;
 Example of Cost Coding;
 Tracking Operation;
 Cost Reports;
 Labour Cost Report;
 Project Cost Summary Report;
 Progress Evaluation and Control;
 Cost and Schedule Performance.

Part 11: Job Site Administration

 Project Communication;
 Notice to Proceed;
 Meeting Minutes;
 Request for Information;
 Daily Reports;
 Diaries;
 Progress Photos;
 Monthly Reports;
 Electronic Communication;
 Submittals;
 Shop Drawings;
 Product Data;
 Application for Payment;
 Changes to Work;
 Ways of Proposing Changes.

Part 12: Construction Project Commissioning

 Closeout Documents;
 Closeout Decommission Field Office;
 Closeout Contracts;
 Owner Startup Programme.


We offer very attractive discount for groups of 3 and more people, from the same organisation, taking the same course. This discount is between ten percent (10%) and thirty three percent (33%), depending on the group size. Even with these discounts, we can also deliver courses for groups in the country of your choice.

Please feel welcome to contact me, at any time. My e-mail addresses are: fria@hrodc.com; and fria.hrodc@outlook.com
My Direct telephone number is +442071935906

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