PEIGIE  LEE

Value Management is a module conducted by Sr. Loo Seong King. The aim of this module is to develop an understanding of the general the value process, function analysis and team dynamics in the client's value system and the suitable solution to undertaken at different stage of a project. This module covers the teaching and understanding of eleven main topics which consist of :

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​1.   Value Management in Construction Industry.

2.   Value Management Approach in Construction Projects.

3.   Value Management Practice- Enhancing Value and Cost Cutting.

4.   Value, Cost, Function and Worth.

5.   Unnecessary Cost.

6.   Application of Value Management in Cost Planning and Cost Control.

7.   Value Management Methodology- Job Plan.

8.   Value Management Team and Participants.

9.   Value Management Tools and Techniques (1)- Functional Analysis & FAST Diagram

10. Value Management Tools and Techniques (2)- Space Analysis, ECA & Life Cycle Costing

11. Problems and Constraints in the Implementation of Value Management