1 / 24

King Fahd University of Petroleum and Minerals

King Fahd University of Petroleum and Minerals. Department of Construction Engineering and Management Value Engineering CEM512 Term Project VE in Family Trip Supervised by: Dr. Sadi Assaf Prepared by: Fahad Al-Azzaz. Content:. Introduction VE Job Plan Q&A. 1- Introduction:.

shel
Download Presentation

King Fahd University of Petroleum and Minerals

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. King Fahd University of Petroleum and Minerals Department of Construction Engineering and Management Value Engineering CEM512 Term Project VE in Family Trip Supervised by: Dr. Sadi Assaf Prepared by: Fahad Al-Azzaz CEM512 / 043; 2005

  2. Content: • Introduction • VE Job Plan • Q&A CEM512 / 043; 2005

  3. 1- Introduction: The idea of this VE term project is a common issue faced on yearly by family members here in KSA; families been working the whole year, and a month or two before this leave they start thinking where to go this year. Family members are 4 persons. Our project here in is to find the VE for the best family trip package; for a Saudi family never traveled outside the kingdom or even inside, and planning to enjoy their vacation, and this is their first one. cont. CEM512 / 043; 2005

  4. Cont. Note: • Facts were collected from the market. • It’s a simple example, as such idea is a common practice, and it can be seen that the traveling agencies are competing hardly to get more travelers; promoting their items using alternative attractive promotions and offers. • This VE is applicable to Eastern Province Area market. CEM512 / 043; 2005

  5. 2- VE Job Plan 2.1- Information Phase 2.2- Functional Phase 2.3- Creative Phase 2.4- Evaluation Phase 2.5- Development Phase 2.6- Audit Phase CEM512 / 043; 2005

  6. 2.1- Information Phase Project Information and Family’s Item Criteria • As mentioned before, the project or the task of the VE is to select the best traveling package to be purchased for the family’s annual leave. As such selection should make sure it achieves the least traveling cost and covering it’s purpose / desired function perfectly. • The main proposal was to have a 2 weeks trip to Abha in Saudi Arabia. Since the family never been outside the Eastern Province. • cont. CEM512 / 043; 2005

  7. Cont. • The family’s criteria for the package is: a- The package shouldn’t exceeds the assigned budget (SR 25,000). b- The package to be 2 weeks. c- Flight duration is not more than 4 hours(+/- 20 minutes). d- Family Entertainment. e- Historical places to be visited. f- Natural Scene. e- Weather should be nice enough. cont. CEM512 / 043; 2005

  8. Cont. consultation concerning the package from : 1- Friends traveling with their families for the last five years. 2- Traveling agencies. Cont. CEM512 / 043; 2005

  9. Cont. Performance Criteria: Objective or Required Criteria: 1- To meet the criteria listed under project criteria and mainly that related to budget, entertainment, flight duration. 2- Reasonable weather and natural scene that make the trip enjoyable. Goals, Desired Criteria or Features 1- relaxation. 2- reasonable expenditure. cont. CEM512 / 043; 2005

  10. Cont. Original Proposal Cost Data: the cost for a two weeks trip with all expenditures turned to be: SR 19,800. CEM512 / 043; 2005

  11. 2.2- Functional Phase: Functional Worksheet: cont. CEM512 / 043; 2005

  12. Cont. Identify Item Function: What does it do? verb noun Enjoy Vacation Visit historical Places Entertain Family what must it do? verb noun Enjoy Vacation Visit historical Places Entertain Family CEM512 / 043; 2005

  13. 2.3- Creative Phase: Generate Ideas: Here below are alternative ideas proposed to be studied and evaluated to choose the best alternative : 1- Dubai-UAE 2- Beirut-Lebanon 3- Cairo-Egypt 4- Ankara-Turkey 5- Salalah-Oman cont. CEM512 / 043; 2005

  14. Cont. Cont. CEM512 / 043; 2005

  15. 2.4- Evaluation Phase: Feasibility Ranking: Expenditure Flight Duration Entertainment Weather Historical Places Natural Scene Total Rank Abha 3 3 8 6 10 9 39 5 Dubai 3 4 4 9 8 7 35 5 Beirut 8 9 8 7 6 5 43 4 Cairo 7 10 6 10 7 9 49 1 Ankara 9 10 8 7 5 9 48 2 Salalah 9 8 10 5 8 7 47 3 Cont. CEM512 / 043; 2005

  16. Idea Comparison: . CEM512 / 043; 2005

  17. Cont. Determining Weights for Evaluation: Goals, Desired Criteria, Functions and Features: Raw Score Assigned Weight A- Expenditures 8 10 B- Flight Duration 6 8 C- Entertainment 5 4 D- Weather 3 3 E- Historical Places 2 2 F- Natural Scene 1 1 Scoring Matrix B C D E F A A/B A/C A-3 A-1 A-2 B B-1 B/D B-2 B-1 C C/D C-3 C-1 D D/E D/F E E-1 How Important: 3- Major Preference 2- Medium Preference 1- Minor Preference cont. CEM512 / 043; 2005

  18. Cont. Evaluation Matrix: Natural Scenes Historical Places Weather Entertainment Flight Duration Expenditure Total Rank Abha 2 5 2 4 1 3 85 5 Dubai 2 5 4 1 1 1 82 6 Beirut 3 4 5 5 4 4 109 3 Cairo 4 4 4 3 5 3 110 2 Ankara 5 2 5 5 5 4 115 1 Salalah 3 3 2 4 4 5 87 4 Cont. CEM512 / 043; 2005

  19. Cont. Savings: on this study it shows that there was no saving, but the main faunction has been satisfied and maximized with an additional amount of money: Item Initial Cost 1- Abha SR19,800 2- Ankara SR23,250 Addition in initial cost SR3,450 =17% Addition Life Cycle Cost Results Expenditures were assumed to be considered as life cycle cost in this trip Idea Expenditures 1- Abha SR16,800 2- Ankara SR14,450 Saving in Life Cost Cycle SR2,350 =13.98%reduction cont. CEM512 / 043; 2005

  20. 2.5- Development Phase: Value Study Summary (Ranked-1 Proposal): The ranked –1 proposal has alternative benefits superior on the others which lead to the choosing of this proposal and such profits are as follows: 1- Entertainment is more. 2- Expenditure is decreasing, so in case the family want to extend the vacation it will not cost more money. 3- Historical Places visited are old and multi-cultural. 4- Natural Scenes are better than those in Abha. For that, the proposed ranked-1 idea will meet the project criteria although extra money to be added but the main function were maximized. cont. CEM512 / 043; 2005

  21. Cont. Implementation Phase: Alternative questions to be implemented to ensure VE implementation properly. These questions are as follows: 1- How should it be implemented? The proposed case to be presented to the family members for their review and approval. 2- What should be changed and in what sequence? The proposed idea after being presented and explained ‘in comparison to other ideas and on the basis of actual facts and gathered information from friends, the package should be changed to Ankara and made all required reservations cont. CEM512 / 043; 2005

  22. Cont. 3- Who should do it? The traveling agency should change package to Ankara. 4- How long should it take to implement the proposal? it is only one day visit to the agency office. 5- Any deadline required: as earlier as possible since seats are available. CEM512 / 043; 2005

  23. 2.6- Audit Phase: The audit phase will be taking place within the family members to go ahead and purchase the package and a final project report to be submitted to the father. CEM512 / 043; 2005

  24. Thank youQ&A CEM512 / 043; 2005

More Related