Value Engineering for EPC Projects: From Design Optimisation to Should-Cost

This program equips EPC engineering teams to identify and develop value-improvement opportunities during FEED and early detailed engineering. Using piping and storage tanks as primary worked examples, participants apply function analysis, FAST diagrams, creative alternatives, weighted evaluation and should-cost tools to improve design productivity, material utilisation and fabrication economics. All recommendations are screened against relevant codes, HAZOP outcomes and engineering-integrity requirements before being presented as viable value-engineering proposals. Participant Deliverables : VAVE project-investigation and stakeholder-approval deck, Completed piping and storage-tank case-study worksheets, Design-stage should-cost and VAVE checklist, Editable weighted evaluation matrix, Thirty-day project-application plan

Who Should Attend

• Piping, Mechanical, Process and Civil/Structural Design Engineers
• Lead Engineers and Engineering Discipline Heads
• Proposal, Estimation and Should-Cost professionals
• Project Engineers and Engineering Managers
• Design, Procurement and Project-Cost stakeholders

Business Outcomes

• Improve design convergence and reduce late-stage engineering rework.
• Identify material savings through right-sizing and specification rationalisation.
• Reduce welding, NDT, erection and testing effort through design-stage interventions.
• Evaluate value ideas against cost, schedule, constructability, safety and compliance.
• Build stakeholder-ready VAVE proposals for application on live EPC projects.