What Is Value Management & Life Cycle Costing?

Value Management is a rigorous, systematic and innovative methodology with multi disciplinary approach to achieve better value and cost optimization for projects, products, facilities, system & services without sacrificing the required performance levels.
Dell ‘Isola, A.J and Kirk, S.J (1981) define Life Cycle Costing as "an economic assessment of an item, area, system or facility that considers all the significant costs of ownership over its economic life, expressed in terms of equivalent dollars. 

Objectives Of The Seminar

• Understanding the concept and application of Value Management and Life Cycle Costing.
• Increase level of awareness on the benefits of applying Value Management and Life Cycle Costing in construction industry.
• Get an insight on the methodology in applying Value Management and Life Cycle Costing to enhancing value in the Construction industry.
• Be enlightened on the implementation mechanism of Value Management in Government projects.
• Be informed on the roles of Economic Planning Unit (EPU), Construction Industry Development Board (CIDB)and Institute of Value Management Malaysia (IVMM) in value enhancement and cost optimization of ownershiptowards social, environmental and economic sustainability .
• Participate in discussions on issues and challenges in taking forward the Value Management and Life Cycle

Downlod

• Letter of Invitation Participate
• Brochure
• Registration Form