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Date: Oct 24 28, 20! Location:rInstructor: Mrs. Parrot, M. ENG., CVS (LIFE) is anMar haRegistration Payment can be made on line at www.fletchergroupve.com (training) or by cheque payable to: The Fletcher
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Gather all relevant information and documents related to the analysis
02
Identify the problem or opportunity that the analysis is being conducted for
03
Determine the criteria for evaluating the value of different options
04
Assign values to the criteria based on their importance
05
Evaluate each option against the criteria and calculate a total value for each
06
Select the option with the highest total value

Who needs value analysis canada?

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Companies looking to optimize their processes and reduce costs
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Project managers seeking to make informed decisions
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Government agencies aiming to improve efficiency and effectiveness
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Value analysis in Canada is a systematic approach to improving the value of products and services by analyzing their functions and identifying alternatives that reduce costs while maintaining or enhancing quality.
Businesses and organizations that meet specific criteria set by Canadian regulatory bodies or governmental agencies may be required to file value analysis reports, particularly those involved in manufacturing, procurement, or presenting value for money in public funds.
To fill out a value analysis in Canada, one typically needs to gather data on costs, processes, and outcomes, analyze this information to identify areas for improvement, complete the relevant forms or documentation, and submit them according to the guidance provided by the appropriate authority.
The purpose of value analysis in Canada is to increase efficiency, reduce costs, and enhance the quality of products and services while ensuring that the objectives set by stakeholders and regulatory frameworks are met.
Information that must be reported in value analysis includes detailed cost data, functional analysis, potential alternatives evaluated, expected outcomes of the analysis, and recommendations for implementation.
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