
Value Analysis Training
Value Analysis Training gives you a proven, systematic method for cutting unnecessary costs without sacrificing performance. You will learn to analyze functions, calculate value indices, and build proposals that decision-makers approve. From FAST diagramming to creative idea generation, every technique is grounded in real-world application. If your job involves cost, procurement, design, or operations, this training delivers immediate, measurable impact.
What you will learn:
This course covers the complete Value Analysis methodology from foundational principles through program implementation. You will learn how to define and classify functions, allocate costs accurately, and use FAST diagrams to map functional relationships. The curriculum includes structured creativity techniques, weighted scoring methods, and cost-benefit analysis tools for building persuasive proposals. You will also explore VA applications in procurement, product design, and supply chain management. Change management, savings verification, and long-term sustainability of improvements are addressed in depth. By the end, you will have the skills to lead VA studies, present findings to leadership, and build an organizational VA program that delivers consistent results.
How you study in practice Value Analysis Training
How you practice Value Analysis Training
For companies looking to train their teams
With Dedika for businesses, the course includes exercises and examples tailored to your own business and the way your company needs.
Course Content
8 Chapters • 40 LessonsDuration between 4 and 360 hours (you decide)
Chapter 1HideHide detailsSee detailsFoundations of Value Analysis
Foundations of Value Analysis
Lesson 1 • Roles and Responsibilities in VA
Defines the team structure required for effective VA, including facilitators, subject-matter experts, and sponsors. Clarifies accountability at each stage of a VA study.
Lesson 2 • Core Principles and Terminology
Introduces the fundamental rules governing VA practice, including function orientation and unnecessary cost elimination. Builds the shared language used throughout the course.
Lesson 3 • VA Within Organizational Strategy
Positions VA as a strategic tool aligned with quality, procurement, and innovation goals. Shows how VA initiatives connect to measurable business outcomes.
Lesson 4 • Defining Value in Business Context
Clarifies the distinction between cost, price, and worth as perceived by stakeholders. Anchors all subsequent VA methodology in a shared vocabulary of value.
Lesson 5 • History and Evolution of VA
Traces VA from its industrial origins through modern applications across sectors. Provides context for why VA techniques were developed and how they matured.
Chapter 2HideHide detailsSee detailsFunction Analysis Fundamentals
Function Analysis Fundamentals
Lesson 1 • What Is a Function?
Defines function as the specific work an item performs, expressed as a verb-noun pair. Establishes function identification as the cornerstone of all VA analysis.
Lesson 2 • Function Cost Assignment
Explains how to allocate costs to individual functions rather than components. This shift reveals which functions consume disproportionate resources relative to their value.
Lesson 3 • Writing Precise Function Statements
Guides practitioners in crafting measurable, unambiguous function statements that avoid solution bias. Precision in statements prevents misdirected improvement efforts.
Lesson 4 • Function Identification Techniques
Introduces systematic methods for extracting functions from physical items, processes, and services. Builds skill in exhaustive function listing before evaluation begins.
Lesson 5 • Classifying Basic and Secondary Functions
Teaches how to separate the primary purpose of an item from supporting or aesthetic functions. Correct classification directs cost reduction efforts to the right targets.
Chapter 3HideHide detailsSee detailsFAST Diagramming Techniques
FAST Diagramming Techniques
Lesson 1 • Identifying Redundancy and Gaps
Uses the completed FAST diagram to locate duplicated functions and missing logical links. These findings directly generate improvement opportunities in later phases.
Lesson 2 • Building a FAST Diagram Step by Step
Walks through the sequential process of placing, connecting, and validating function nodes. Hands-on construction reinforces logical dependency between functions.
Lesson 3 • FAST Diagram Validation and Review
Establishes a peer-review process to confirm diagram accuracy before cost data is overlaid. Validation prevents flawed diagrams from corrupting downstream analysis.
Lesson 4 • FAST Diagram Structure and Logic
Introduces the how-why logic axis and the scope lines that bound a FAST diagram. Understanding the structure is prerequisite to building accurate diagrams.
Lesson 5 • Technical vs. Customer FAST Models
Distinguishes the technical FAST model focused on engineering logic from the customer-oriented model focused on user needs. Selecting the right model shapes the improvement focus.
Chapter 4HideHide detailsSee detailsCost and Worth Analysis
Cost and Worth Analysis
Lesson 1 • Prioritizing Improvement Opportunities
Combines value index rankings with feasibility filters to produce a prioritized list of targets. This prioritization guides the creative phase toward the highest-impact opportunities.
Lesson 2 • Cost Data Collection Methods
Covers techniques for gathering reliable cost data from accounting systems, supplier quotes, and time studies. Data quality directly determines the accuracy of value index calculations.
Lesson 3 • Calculating the Value Index
Introduces the value index ratio of worth to cost and interprets what different index ranges signal. A low index flags functions where cost far exceeds the value delivered.
Lesson 4 • Sensitivity and Uncertainty in Cost Data
Addresses how to handle incomplete or estimated cost data through sensitivity analysis. Practitioners learn to communicate confidence levels alongside value index results.
Lesson 5 • Establishing Function Worth
Defines worth as the lowest cost to reliably perform a function and explains methods for estimating it. Worth benchmarks set the target for cost reduction without sacrificing performance.
Chapter 5HideHide detailsSee detailsCreative Idea Generation in VA
Creative Idea Generation in VA
Lesson 1 • Managing and Documenting the Idea Pool
Establishes a system for recording, categorizing, and preserving all generated ideas for evaluation. Proper documentation prevents loss of viable ideas and supports traceability.
Lesson 2 • Analogical and Biomimicry Thinking
Introduces analogical reasoning and nature-inspired thinking as sources of novel function alternatives. These techniques break habitual thinking patterns that limit idea diversity.
Lesson 3 • Principles of Creative Thinking in VA
Explains why deferred judgment and divergent thinking are essential during idea generation. Establishes ground rules that protect creative output from premature criticism.
Lesson 4 • SCAMPER and Morphological Analysis
Applies the SCAMPER checklist and morphological matrix to systematically explore function alternatives. Structured tools ensure comprehensive coverage of the solution space.
Lesson 5 • Brainstorming and Brainwriting Methods
Covers classic brainstorming and its silent variant, brainwriting, adapted for VA function targets. Both methods are practiced with function statements as the creative prompt.
Chapter 6HideHide detailsSee detailsIdea Evaluation and Selection
Idea Evaluation and Selection
Lesson 1 • Evaluation Criteria Development
Guides teams in defining weighted criteria such as cost savings, feasibility, and risk before evaluating ideas. Criteria defined before evaluation prevent bias from influencing selection.
Lesson 2 • Screening and Filtering Techniques
Applies rapid screening tools to eliminate ideas that fail minimum thresholds before detailed analysis. Early filtering focuses team effort on the most promising candidates.
Lesson 3 • Risk and Feasibility Assessment
Integrates technical, financial, and implementation risk into the evaluation of top-ranked ideas. Risk-adjusted rankings prevent selection of ideas that are attractive but undeliverable.
Lesson 4 • Weighted Scoring and Decision Matrices
Demonstrates how to score shortlisted ideas against weighted criteria using a structured matrix. Numerical scoring reduces subjectivity and creates a defensible selection record.
Lesson 5 • Building the Recommendation Shortlist
Consolidates evaluation outputs into a prioritized shortlist with documented rationale for each selected idea. The shortlist becomes the input for the development and proposal phase.
Chapter 7HideHide detailsSee detailsDeveloping and Presenting VA Proposals
Developing and Presenting VA Proposals
Lesson 1 • Presenting Proposals to Decision-Makers
Develops skills for delivering concise, data-driven presentations that address stakeholder concerns. Effective presentation converts analytical work into approved action.
Lesson 2 • Developing Ideas into Proposals
Converts shortlisted ideas into structured proposals by defining scope, approach, and expected outcomes. A well-developed proposal reduces ambiguity and accelerates approval.
Lesson 3 • Structuring the VA Proposal Document
Provides a standard proposal template covering executive summary, analysis, recommendations, and appendices. Consistent structure makes proposals easier to review and compare.
Lesson 4 • Implementation Planning Basics
Outlines the key elements of an implementation plan including milestones, owners, and dependencies. A credible plan demonstrates that the proposal is actionable, not theoretical.
Lesson 5 • Cost-Benefit Analysis for VA Proposals
Applies cost-benefit analysis to quantify savings, investment, and payback period for each proposal. Rigorous financial modeling builds credibility with decision-makers.
Chapter 8HideHide detailsSee detailsImplementing and Sustaining VA Improvements
Implementing and Sustaining VA Improvements
Lesson 1 • Sustaining VA Gains Long Term
Identifies practices that prevent regression to old methods and embed VA improvements into standard operations. Sustainability transforms one-time savings into permanent cost reductions.
Lesson 2 • Monitoring Implementation Progress
Establishes key performance indicators and review cadences to track implementation against the plan. Early detection of deviations allows corrective action before savings are lost.
Lesson 3 • Measuring and Verifying Realized Savings
Describes methods for confirming that projected savings have been achieved after implementation. Verified savings build organizational confidence in VA and justify future investment.
Lesson 4 • Change Management in VA Implementation
Applies change management principles to overcome resistance and build buy-in among affected stakeholders. Addressing human factors is as critical as technical execution.
Lesson 5 • Transition from Proposal to Project
Covers the handoff process from the VA team to the implementation team, including documentation and briefing. A clean transition prevents loss of context and delays in execution.
Your valid completion certificate
This course is for you:
Procurement specialists: seeking leverage beyond price negotiation with suppliers.
Manufacturing engineers: responsible for reducing product cost without losing performance.
Operations managers: tasked with eliminating waste across complex internal processes.
Product designers: wanting to embed cost discipline into early development decisions.
Supply chain analysts: looking to evaluate sourcing decisions through a value lens.
Management consultants: building a rigorous cost optimization methodology for clients.
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