Course curriculum

  • 1

    Course Overview

  • 2

    Value Methodology

    • Introduction

    • What is the Value Methodology?

    • Foundational Concepts

    • Quiz: Foundational Concepts

    • Application Areas

    • History and Evolution

    • VM Organizations

    • Certification with SAVE International

    • Quiz: History and VM

    • Explain the Value Concept

    • Development of the Value Concept

    • Who Determines Value

    • Reasons for Poor Value

    • Elements of Value

    • Value Measurement (Basic Approach)

    • Quiz: The Value Concept
  • 3

    Value Methodology Job Plan

    • Value Methodology Job Plan

    • Explain the VM Job Plan

    • Evolution of the VM Job Plan

    • The Relationship of a VM study to the VM Job Plan

    • Communication dynamics and the VM Job Plan

    • Phases of the VM Job Plan

    • Quiz: VM Job Plan
  • 4

    Information Phase

    • Information Phase

    • Explain the Information Phase

    • Gathering and Organizing Information

    • Reviewing and Transforming Information

    • Reviewing and Transforming Subject Scope Information

    • Reviewing and Transforming Subject Performance and Quality Information

    • Reviewing and Transforming Subject Time Information

    • Reviewing and Transforming Subject Cost Information

    • Reviewing and Transforming Subject Risk Information

    • Apply Value Models to Transform Information

    • Voice of the Customer

    • Process Flowcharts

    • Gantt Chart

    • Cost Models

    • Quiz: Information Phase
  • 5

    Function Analysis Phase

    • Function Analysis Phase

    • Explain the Basics of Function Analysis

    • The Function Concept

    • Why Function Analysis

    • Explain the Function Analysis Phase Process

    • Define Functions

    • Allocate Resources

    • Prioritize Functions

    • Apply the Techniques of Function Analysis

    • Random Function Identification

    • FAST Diagrams

    • FAST Diagrams. How-Why and When Logic

    • FAST Diagrams: Structure

    • FAST Diagrams vs Flowcharts

    • Function Resource Allocation Matrix

    • Quiz: Function Analysis
  • 6

    Creativity Phase

    • Creativity Phase

    • Explain the Creativity Phase

    • Key Concepts and Process of the Creativity Phase

    • Generate and Record Ideas

    • Apply Creativity Techniques

    • Brainstorming

    • Brainwriting

    • Quiz: Creativity
  • 7

    Evaluation Phase

    • Evaluation Phase

    • Explain the Evaluation Phase

    • Key Concepts and Process of the Evaluation Phase

    • Establish Evaluation Framework

    • Establishing Evaluation Criteria

    • Evaluating and Selecting Ideas

    • Apply Evaluation Techniques

    • Coarse Filter - Simple Evaluation Techniques

    • Medium Filter - Intermediate Evaluation Techniques

    • Fine Filter - Detailed Evaluation Techniques

    • Quiz: Evaluation Phase
  • 8

    Development Phase

    • Development Phase

    • Explain the Development Phase

    • Key Concepts and Process of the Development Phase

    • Assigning Ideas to the VM Team

    • Develop VM Proposals

    • Review and Revise VM Proposals

    • Apply Development Phase Techniques

    • VM Proposal Development Forms

    • Calculate a Return on Investment

    • Calculate a Simple Payback

    • Life-Cycle Cost Analysis

    • Quiz: Development Phase
  • 9

    Presentation Phase

    • Presentation Phase

    • Explain the Presentation Phase

    • Process of the Presentation Phase

    • Schedule the VM Presentation

    • Select the VM Proposals to Present

    • Prepare the Visual Presentation and Handouts

    • Starting the Presentation

    • Develop VM Study Report

    • Apply Presentation Phase Techniques

    • Apply Presentation Phase Techniques

    • Quiz: Presentation Phase
  • 10

    Final Test

    • Final Test