Value Methodology Fundamental Course

Value Methodology Fundamental 1

Optimizing Values for Maximum Results

The Value Methodolgy Fundamental 1 Course is particularly relevant to a wide spectrum of professionals including, but not limited to project managers, engineers, consultants, cost estimators, operations and procurement managers, quality control professionals, government officers involved in planning and development and individuals with a keen interest in value based project delivery.

The Value Methodolgy Fundamental 1 Course is designed to assist organizations in maximizing outcomes through value optimization. It promotes smarter decision-making, enhances efficiency, and ensures that resources are utilized in the most effective manner possible.

Book your seat in our Value Methodolgy Fundamental 1 Course now and don’t miss the opportunity to explore and experience Jeddah and other cities in Saudi Arabia.

General Details

Venue

The Crown Plaza, Jeddah, Saudi Arabia

Date

23 November to 27 November 2025

Seats

22 Participants per Cohort (Maximum)

Course Fee

RM8,750.00 – Individual

RM8,650.00 – Group
(for 3 pax & above)
*inclusive of course materials and meals during classes, NOT INCLUDING Visa, Flight Fare & Accommodation

Programme Modules and Concept

Total of 32 Lecture Hours within 5 Days

The programme modules are as follows:

Value Management Methodology

Covers the principles of Value Management and Value Engineering, teaching participants to optimize function, quality, and cost through structured, collaborative techniques that identify improvements, remove unnecessary costs, and maximize life cycle value

Value Transformation

Application of Value Management and Value Engineering techniques to improve function, quality, and cost. Using a structured process, participants will learn to identify needs, develop solutions, and implement changes that deliver lasting value

Value Management Job Planning

The main module that will guide participants through the six-phase job plan—Information, Function Analysis, Creative, Evaluation, Development, and Presentation, equipping them to turn ideas into high-value solutions through a clear, structured process

Cost Analysis and Life Cycle

Learn to look beyond initial costs and evaluate the total life-cycle value of a project from acquisition to disposal. Life-cycle cost analysis will guide participants to choose solutions that deliver lasting performance, lower long-term expenses, and maximize value

Comparative Analysis – VE vs. Other Methods

Explore how Value Engineering stands apart from other improvement approaches. Participants will compare principles, processes, and outcomes, gaining the insight to choose the most effective method for delivering optimal value in different project contexts

How Will You Benefit?

Improve Decision Making Skills: Learn structured methods to evaluate project functions and make better informed decisions that balance cost, quality and performance.

Increase Project Value and Cost Efficiency: Gain practical tools to identify and eliminate unnecessary costs while preserving or even enhancing value, resulting in more efficient project outcomes.

Enhance Cross Functional Collaboration: Work in multidisciplinary teams to solve complex problems through creative and analytical techniques that improve communication and innovation.

Apply Globally Recognised Methodology: Master a proven and internationally accepted methodology used in both the public and private sectors and applicable across industries like construction, engineering, manufacturing, operations and others.

Organisers

Malaysian Research & Education Foundation or MyREF (formerly known as Malaysian Reconstruction Foundation), is a professional engineering and technology-based Foundation.

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