2018/19 Taught Postgraduate Module Catalogue

CIVE5964M Value Management

15 creditsClass Size: 90

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

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2018/19

Pre-requisite qualifications

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

Module replaces

CIVE5954M Value Management

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.

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

Skills outcomes
See learning outcomes.

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 during a number of workshop sessions throughout the 4-day module.

Teaching methods

Delivery type	Number	Length hours	Student hours
Class tests, exams and assessment	1	1.50	1.50
Group learning	7	1.50	10.50
Lecture	10	1.50	15.00
Private study hours			123.00
Total Contact hours			27.00
Total hours (100hr per 10 credits)			150.00

Private study

- An extensive review of literature.
- Assignments, case study preparation.

Opportunities for Formative Feedback

Student progress is monitored during the workshop sessions and through a formative presentation at the end of the module.

Methods of assessment

Coursework

Assessment type	Notes	% of formal assessment
Essay	5,000 words	100.00
Total percentage (Assessment Coursework)		100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 28/06/2018

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