2017/18 Taught Postgraduate Module Catalogue

CIVE5954M Value Management

30 creditsClass Size: 82

Module manager: Marcus Gronqvist
Email: m.n.gronqvist@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2017/18

Pre-requisite qualifications

Normally a good honours degree in civil engineering or a cognate discipline.

This module is not approved as an Elective

Module summary

This module introduces candidates to the process of value engineering and value management through its operation at the Scheme/Schematic design stage. Differences between cost cutting, value engineering and value management are highlighted. The concept of the Client's Value System is introduced and approaches to teams and facilitation are explored.

Objectives

On completion of this module students should be able to understand and apply the concepts of value management and more particularly enhance their understanding and skills in project briefing, project strategy, and functional analysis and value engineering.

Team working; research, analysis, synthesis and presentation of information; higher cognitive learning skills.

Syllabus

This module introduces candidates to the process of value engineering and value management through its operation at the Scheme/Schematic design stage. Differences between cost cutting, value engineering and value management are highlighted. The concept of the Client's Value System is introduced and approaches to teams and facilitation are explored. These are then illustrated in practice through an introduction of the more advanced techniques of the strategic briefing of projects. A case study is used throughout to explain the process, tools and techniques of value engineering and value management.

- Introduction, background and definitions, types of VM study, the job plan, the VM team, element function analysis, evaluation and development techniques. Workshop: Information, information processing and analysis, creativity at elemental level.

- An introduction to teams, team dynamics and facilitation. Strategic VM and the client's value system. Workshop: The techniques of strategic functional analysis and creativity.

- The implications of VM and the client's value system; development, presentation and implementation. Workshop: Development, action planning, presentation.

- The Value Management/Value Engineering Process - study styles, designing studies and workshops, the study and workshop methodology. Workshop: Designing a VM/VE study in practice - team working.

- Workshop: Team presentations on study styles, review of facilitation styles.

Delegates will be expected to take a proactive approach to facilitating a number of module sessions during the final two days of the 5-day module workshop process.

Teaching methods

Delivery type	Number	Length hours	Student hours
Case Study	9	1.50	13.50
Consultation	15	1.00	15.00
Lecture	11	1.50	16.50
Private study hours			255.00
Total Contact hours			45.00
Total hours (100hr per 10 credits)			300.00

Private study

- An extensive review of literature
- Aassignments, case study preparation

Opportunities for Formative Feedback

- 1 x 7,500 word assignment.

Methods of assessment

Coursework

Assessment type	Notes	% of formal assessment
Presentation	Marked by module leader and peer assessed	20.00
Assignment	7,500 word research-led assignment	80.00
Total percentage (Assessment Coursework)		100.00

University External Resit: 1 x 7,500 word assignment

Reading list

The reading list is available from the Library website

Last updated: 29/04/2014

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