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Value Methodology Fundamentals 1B
Course Overview
The Value Methodology Fundamentals 1B (VMF1B) course is an advanced, instructor-led
program designed to strengthen and apply the Value Methodology knowledge. It uses a
structured live case study, hands-on tools, and group activities to prepare participants for
the Value Methodology Associate (VMA) certification.
Value Methodology Fundamentals 1B (VMF1B) is a foundational professional course that introduces participants to the principles, structure, and thinking framework of Value Methodology as defined by SAVE International®. The course focuses on understanding value as a balance between function, cost, and performance, and how structured analysis leads to better decision-making across projects and organizations.
At Charter Training Center, VMF1B is positioned as an essential starting point for professionals who want to move beyond intuition-based decisions and adopt a systematic approach to achieving optimal value without compromising project objectives.
Description
Value Methodology Fundamentals 1B (VMF1B) is an advanced, interactive virtual course led by a certified instructor, designed to deepen and apply Value Methodology (VM) knowledge in practice. The course prepares participants to confidently attempt the VMA (Value Methodology Associate) certification from SAVE International.
This course provides a structured introduction to Value Methodology and its application in solving problems, improving performance, and optimizing resource use. Participants learn the fundamental concepts of function analysis, value definition, and the logic behind evaluating alternatives based on their contribution to required functions.
VMF1B emphasizes the mindset behind value-based thinking, enabling participants to ask the right questions, challenge assumptions, and identify opportunities for improvement across design, construction, operations, and management processes. The course is aligned with international value standards and serves as a prerequisite for advanced value methodology certifications.
Delivered within Charter Training Center’s professional learning environment, the course builds a solid conceptual foundation that supports more advanced applications of value studies and value engineering practices in real-world projects.
Course Objectives:
- Equip participants to effectively contribute to Value Studies.
- Apply the complete VM Job Plan in real projects.
- Develop FAST diagrams, cost models, and value improvement proposals.
- Prepare for and confidently sit the SAVE International VMA exam.
Course Content:
- Step-by-step facilitation through all VM Job Plan phases (Core Competencies 1 to 9).
- Practical application via case studies and group exercises.
- Tools and techniques for Information Phase, Function Analysis, FAST diagrams, creative idea generation, evaluation, and proposal development.
- Life Cycle Costing (LCC) and Return on Investment (ROI) analysis.
- Guidance on proposal presentation and VMA certification process.
What Participants Receive:
- Official VMF1B Course Completion Certificate (recognized by SAVE International).
- Digital course workbook and learning materials.
- Practical templates and tools for real-world application.
Requirements
- Completion of the VMF1A (self-paced online learning from the SAVE International website).
Skills You'll Acquire
- Apply value-based thinking to problem-solving and decision-making
- Understand and define functions using value methodology principles
- Distinguish between cost reduction and value improvement
- Analyze alternatives based on functional performance and value contribution
- Challenge assumptions and identify opportunities for optimization
- Communicate value-focused recommendations with clarity and logic