The THORS Value Analysis and Value Engineering course introduces learners to the principles and practice of the Value Methodology. Illustrated with real-life examples, this course will help the learner to actively engage in a value study event. Think functions. Improve value. Maximize the impact of your next VAVE event.

Value Analysis and Value Engineering sample course image

Learning Objectives
  • Learn the principles and practices of the Value Methodology process.
  • Understand the value methodology process and learn to think about products and processes in terms of functions.
  • Identify and classify functions.
  • Construct FAST diagrams.
  • Learn to prioritize ideas using ranking matrices.
This course includes
Pre / Post-Assessment
Course Length: 2 h
Completion Certificate

Table of Contents

Value Methodology Concepts

  • Value
  • Function
  • Phases

Case Study

  • Pre-Function Phases
  • Function Phase
  • Post-Function Phases

Value Methodology Process

  • Preparation Phase
  • Information Phase
  • Function Identification
  • Function Classification
  • Function Prioritization
  • Creativity Phase
  • Evaluation Phase
  • Development Phase
  • Presentation Phase
  • Implementation Phase

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