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Optimize Cost | Enhance Value | Engineer Smarter Decisions.
In today's competitive environment, organizations must enhance value while controlling costs. This program introduces Value Analysis & Value Engineering (VAVE) as a structured methodology to improve efficiency, optimize performance, and drive innovation without compromising quality.
Participants will develop the ability to focus on function over form, identify cost-value gaps, apply structured innovation techniques, and deliver practical solutions with measurable business impact.
Design, product, manufacturing, and project engineers seeking cost-value optimization skills.
Professionals looking to deliver value at every stage of the supply and procurement cycle.
Operations, maintenance, and quality professionals driving efficiency and performance.
Industry-ready graduates and early-career engineers building a competitive edge.
Prioritizes what truly matters to deliver the required performance at the right cost.
Highlights opportunities where cost does not match the value delivered to the end customer.
Promotes creative thinking through a systematic, proven, and repeatable approach.
Delivers real-world, feasible solutions with measurable and sustainable business impact.
A structured two-day learning journey from VAVE fundamentals and functional thinking through creativity, evaluation, life-cycle costing and implementation.
Fundamentals, objectives & evolution of VAVE. Understanding "Value" and the improvement approach.
Identifying high-impact opportunities. Selection criteria & business alignment.
Importance of accurate data collection. Data types & practical examples.
Understanding & defining functions. Basic vs. secondary functions. Practical exercises.
FAST concept & structure. Diagram development steps. Exercises & case applications.
Idea generation techniques. Brainstorming principles. Function-based ideation.
Idea filtering & selection. Decision criteria & comparisons.
Cost analysis across lifecycle. Break-even & ROI concepts. Practical problem-solving.
Refinement of solutions. Prototyping & implementation approach. Cross-functional coordination.
Structuring impactful presentations. Communicating value proposals effectively to stakeholders.
CVS-Life Certified Value Engineering Expert
Former Senior Member, Value Engineering Group, Tata Steel
A CVS-Life certified Value Engineering expert with over four decades of industry experience in leading large-scale VAVE initiatives that delivered significant, measurable cost savings across manufacturing, steel, and engineering sectors.
Join this intensive 2-day online workshop and gain a structured approach to cost optimization, value creation, and engineering excellence.
Submit your registration and complete the process to secure your seat.
Join the intensive 2-day online workshop covering all 10 VAVE chapters.
Complete the program and receive your Participation Certificate.
Program Fee: ₹25,000 inclusive of taxes · Participation Certificate Included