Seminar 2: Is Value Engineering successful internationally?

Guest Speaker

James (Jim) A. RAINS
Jr., CVS, FSAVE
President
Advanced Value Group, LLC

Jim got his start in value analysis in 1980 as a workshop participant. At that time he learned about the power of value analysis, mainly because he applied it first hand to a project, and implemented numerous design proposals that improved the quality of the product, whilst also achieving a significant reduction in cost.

• Earned his Certified Value Specialist (CVS) in 1988 and became a Life CVS in 2000.
• Serviced to SAVE Int’l - elected as Executive Vice President ('98 - '99), President ('99 - '00), Immediate Past President ('00 - '01), Regional Vice President ('91- '93), and Southwestern Ohio Chapter President ('90 - '91).
• Served as the Chairperson of the General Motors Corporate Value Management Committee.
• Facilitated over 600 teams in the value methodology and/or lean concepts.
• Facilitated workshops and/or presented papers globally such as Mexico, Hungary, Korea, Australia and Japan, France, Germany, Austria, Sweden, Canada, England and areas of the Middle East.

Summary of Content View Video

• Overview of Value Engineering
  • Definition of VA/VE/VM
  • History of Value Methodology
• The Value Engineering Job Plan
  • Language of Value management – Function
    (Active Verb + Measurable Noun)
  • Creative idea generation
  • Raw ideas to solid proposal
• Results from three different continents when value engineering is properly applied

Useful Link:
HK Gover’t: http://www.etwb.gov.hk/
HKIS: http://www.hkis.org.hk/hkis/html/professional_cpd.jsp
HKIVM: http://www.hkivm.com.hk
BCM: http://bcm.cityu.edu.hk
SAVE International: www.value-eng.org
Miles Value Foundation: www.valuefoundation.org

"Any opinions, findings, conclusions or recommendations expressed in this material/event (by members of the Project team) do not reflect the views of the Government of the Hong Kong Special Administrative Region, Commerce, Industry and Technology Bureau, or the Vetting Committee for the Professional Services Development Assistance Scheme.”

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	A Series of VM Workshops & Seminars by International Experts

Seminar Workshop Conference Seminar 12   Novel VM Applications in Europe Seminar 11   VM Trends in the United States Seminar 10   Information Analysis for Complex Projects Seminar 9   Information Analysis for Complex Projects Seminar 8   Innovative VM Techniques in Complex Projects Seminar 7   Successful VM applications in Australia Seminar 6   Enhancing Value in Facilities by VM - Attracting Investment in China (in Xian) Seminar 5   Enhancing Value in Facilities by VM - Attracting Investment in South China (in Beijing) Seminar 4   Extending Your VM Business in China (in Shenzhen) Seminar 3   Sustainability/ LEED & Life Cycle Costing -Their Role in Value-based Design Decision-making (VM) (in HK) Seminar 2   Is Value Engineering successfully internationally? (in HK) Seminar 1   How can the value Management work in the HK construction industry? (in HK) Workshop 7   Key VM phase: Evaluation Analysis Workshop 6   Key VM phase: Creativity Techniques Workshop 5   Key VM phase: Function Analysis Workshop 4   Value Management for Design & Construction methodology & Application Module I - Training workshop (in Beijing) Workshop 3   Value Management for Design & Construction methodology & Application Module I - Training workshop (in HK) Workshop 2   A Key VM Technique: Function Identification (in HK) Workshop 1   VE "CMethodology & Application Module I" CTraining workshop (in HK) International Conference 2   Value Engineering for Construction Projects (VECP05) (in Korea) International Conference 1   Why Re-Invent the Wheel? (in HK)

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