Course detail
Value management
FP-RhmPAcad. year: 2010/2011
Value Management is the instrument of innovations preparation and implementation. Value Management embraces Value Engineering disciplines (Value Analysis, Inverse Value Analysis, Value Design and Product Strategy), managerial activities and managerial behaviour.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
1. Active participation in exercises will be controlled and assessed by teacher – max. 100 points.
2. Successful completion of credit test – max assessment: 100 points in due term, 80 points in resit exam and 60 points in second resit exam.
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
1. Active participation in exercises will be controlled and assessed by teacher – max. 100 points.
2. Successful completion of credit test – max assessment: 100 points in due term, 80 points in resit exam and 60 points in second resit exam.
3. Successful elaboration of semester work in a preset deadline. Maximum 100 points for handing over on the deadline max 80 points for late handing over.
4. Total number of points for awarding the course-unit credit has to be higher than 150.
Conditions for passing an exam: Knowledge of taught topics and their practical application.
Form of examination: Combined – a written test possibly followed by an oral examination.
Course curriculum
- The essence of the functional cost approach.
- Customer Value.
- Functions and their evaluation.
- Value Analysis.
- Inverse Value Analysis.
- Value Design.
- Product Strategy.
- Value Management as a tool of decision - making of the managers.
- Value Management in Europe and in the world.
The seminars are focused on practising the lectured topics and elaboration of case studies (both individually and in teams).
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Recommended reading
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
Topics of lectures are as follows:
- The essence of the functional cost approach.
- Customer Value.
- Functions and their evaluation.
- Value Analysis.
- Inverse Value Analysis.
- Value Design.
- Product Strategy.
- Value Management as a tool of decision - making of the managers.
- Value Management in Europe and in the world.
The seminars are focused on practising the lectured topics and elaboration of case studies (both individually and in teams).