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Value Engineering and Cost Optimisation for Products and Services

Rising input costs and tight margins push African businesses to cut price in ways that damage quality and reputation. Value engineering takes a disciplined route instead, analysing the functions a product or service must deliver and finding lower cost ways to provide them. This course teaches teams to separate cost from value, challenge unnecessary features, and redesign offerings so they cost less while still meeting customer needs.

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What you will be able to do

  • Distinguish between cost, price, and value in an offering.
  • Break a product or service down into its core functions.
  • Cost each function and identify poor value areas.
  • Generate alternative ways to deliver required functions.
  • Evaluate alternatives against quality, risk, and savings.
  • Build a business case for value engineering changes.

Course outline

  1. 01Cost, Price, and Value Defined
  2. 02Function Analysis Techniques
  3. 03Costing Functions and Finding Waste
  4. 04Creative Alternatives Workshop
  5. 05Evaluating and Selecting Options
  6. 06Assessing Risk and Quality Impact
  7. 07Building and Presenting the Business Case

Who should attend

This course suits engineers, product managers, procurement staff, and operations managers seeking to reduce cost without sacrificing quality or customer value.

Dates, venues and fees

DatesVenueDaysFeeCalendarRegister
28 to 30 Sep 2026Kigali3US$1,500Closed
29 Sep to 1 Oct 2026Kampala3US$1,500Register
30 Sep to 2 Oct 2026Accra3US$1,500Register
5 to 7 Oct 2026Lagos3US$1,500Register
6 to 8 Oct 2026Cairo3US$1,500Register
7 to 9 Oct 2026Mauritius3US$1,500Register
12 to 14 Oct 2026Dubai3US$1,500Register
13 to 15 Oct 2026Online3US$900Register
9 to 11 Nov 2026Johannesburg3R13,000Register
10 to 12 Nov 2026Cape Town3R13,000Register
11 to 13 Nov 2026Durban3R13,000Register
16 to 18 Nov 2026Pretoria3R13,000Register
17 to 19 Nov 2026Windhoek3US$1,500Register
18 to 20 Nov 2026Gaborone3US$1,500Register
23 to 25 Nov 2026Maseru3US$1,500Register
24 to 26 Nov 2026Mbabane3US$1,500Register
25 to 27 Nov 2026Lusaka3US$1,500Register
30 Nov to 2 Dec 2026Harare3US$1,500Register
1 to 3 Dec 2026Lilongwe3US$1,500Register
2 to 4 Dec 2026Blantyre3US$1,500Register
7 to 9 Dec 2026Mozambique3US$1,500Register
8 to 10 Dec 2026Nairobi3US$1,500Register
9 to 11 Dec 2026Dar es Salaam3US$1,500Register

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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