SAVE International The Value Society

1. SAVE InternationalThe Value Society Membership Briefing By Board of Directors 2000 - 2001

2. Definition Value methodology ...(synonyms: value analysis, value engineering, and value management) is a function-oriented, systematic, team approach to add value to a program, facility, system, or service. Improvements like performance, quality and life cycle cost are paramount in the value equation.

3. Background • Lawrence Miles “father of VA and VE” • Began at GEearly 1940’s • Society of American Value Engineers (SAVE) formed in 1959 • SAVE International name change 1996

4. Vision • SAVE Members Add Value to Projects, Processes & Services • Corporations and Governments rely on Function Analysis and the Problem Solving Value Methodology to attain their Strategic Goals and achieve Organizational Success • SAVE International is known as the Premier Value-Based Organization with highly skilled members who offer Value-Based Leadership

5. Vision (con’t) • SAVE members enjoy larger advancement and business success because of the variety of educational and value-based research offered by SAVE at Universities and Symposiums, on the Internet and in Collaboration with Societies of similar interests • SAVE International embraces and complements all value strategies and other value improvement methodologies

6. Mission To Lead and Expand the Value Profession By: • Fostering Education • Communicating VM News and Activities • Promoting the Ideals of Professional Practices • Broadening the Application of VM Use • Recognizing Significant VM Contributions

7. Strategic Goals • Strengthen and Diversify Membership • Create More Flexible and Comprehensive Value Education • Enhance the Image of the Profession • Embrace New Tools and Techniques • Identify New Opportunities for the Application of VM • Collaborate with Societies and Organizations with Common interests and aspirations • Promote the Use of VM Worldwide

8. OrganizationBoard of Directors 2000-01

9. Business Office • Staff • Melanie Epel, Executive Director • Mary Novak, Communications Editor • Headquarters • 60 Revere Dr., Ste.500, Northbrook, IL 60062 • Phone: (847) 480-1730 Fax: 9282 • Internet: http://www.value-eng.org

10. Society Statistics • Membership: 1,200 + worldwide • Conference attendance: 400 worldwide • Chapters: 40 worldwide • International: members in 32 countries • Certified Value Specialists: 468 worldwide • Financial: solid with small surplus • Colleges: approx.. 40 universities w/ VM courses

11. Publications • Interactions • Society newsletter • Mary Novak, Managing Editor • Rod Curtis, Editor in Chief • Value World • VM technical journal • Published 3 times per year • Jack Michaels, Editor Emeritus • Roger Sperling, Editor in Chief • Mary Novak, Managing Editor

12. Resources • Directories • Membership • Consultants • Books & Publications Catalog • Miles Reference Center, Madison, WI • Conference Proceedings • SAVE Web Site: www.value-eng.org • Miles Value Foundation Web Site: www.valuefoundation.org

13. Associate Value Specialist (AVS) Module I, 40 hrs Pass exam No recertification (must complete VMP or CVS) Certification AVS

14. Value Methodology Practitioner (VMP) Module I VM study experience Earn pts. in other categories Pass exam Recertify every 4 yrs Certification VMP

15. Certified Value Specialist (CVS) Module I & II VM study experience VM Employment 50%, 4 yrs to 100%, 2 yrs Earn pts. in other categories Original VM paper Pass exam Recertify every 4 yrs Certification CVS

16. Lawrence D.Miles: Founders Award Carlos Fallon:Value-In-Life Award Presidential Citation Honorary Vice-Presidents Fellow Award Excellence in Value Engineering Award Emeritus and Life Member Awards Paper of the Year, Editor of the Year and Chapter Effectiveness Awards RecognitionNational DirectorReview Board, Honors & Awards Manual

17. National DirectorReview Board, Honors & Awards Manual • Individual awards: • Value Professional of the Year • Distinguished Service Awards • Rising Star Award • Value Teaching and Student Recruitment Awards • Outstanding Achievement in Management Award • Competitive awards: • Arthur Mudge Industry Award • Alphonse J. Dell’Isola Construction Award • Thomas J. Snodgrass Value Teaching Award • Gordon Frank Government Award

18. Recent Highlights • Public law 104-106: Feb 10, 1996 • SAVE Participation: • National Conf: AIA, SAE, SOLE, JCMS • International Conf.: Japan, Hungary, India, Hong Kong, China, Canada

19. Recent Highlights • Value methodology standard established • Value methodology seminar series: • FAST, Creativity, Life Cycle Costing, Facilitation Skills • Marketing brochures: • Healthcare, • Environmental, • Transportation, • Government • Industry

20. Long Range Plan (5 years) • Expanded membership: 2,000 • Financial security: 1yr operating reserves • Expanded income sources • Reduced dependence on annual conference income • Expanded public awareness: • Intersociety agreements • Exhibits at conferences • Government affairs participation • Press releases, advertising • Promotion of college/university courses

21. Long Range Plan • Expanded educational events: • Module I & II courses: 1 per year • New college courses: 2 per year • New educational publications: • Monographs of Job Plan • Expanded SAVE Bookstore • Value research (R&D)

22. Long Range Plan • Growth in market segments: • Corporations (Fortune 500) (1999) • Educational (2000) • Criminal Justice (2001) • Financial Institutions(2002)

23. Initiatives • Long Range Plan (Laurie Dennis) • Coordination, progress monitoring • Special Assignments • Coordinate Conversions of SAVE Marketing Brochures into Other Languages. Partner with Miles Value Foundation & SAVE, International VP Marketing. • Recruit New Members & Corp.Members

24. Initiatives • Body of Knowledge (Steve Kirk) • Life Cycle Cost Analysis Monograph for 2000

25. Initiatives • Marketing (Mary Ann Lewis) • Intersociety agreements • Exhibit at Intersociety Conferences • Value World (3 issues/ yr.) • Promote Marketing Packet • Advertise in Other Periodicals • Press Releases

26. Initiatives • Financial Activities (Mike Dell’Isola) • Maintain positive cash flow • Help negotiate and manage the contract with SBO • Generate additional revenues

27. Initiatives • Government(Kurt Gernerd)--- ---Focus 2000 - State VM programs, policies and requirements. • Document current VM requirements in State governments. • Target promotion of VM benefits specific to individual State opportunities • Continue to expand Federal VM Conference to include State, County and City Governments. • Increase interaction of State VM officials with SAVE programs and initiatives

28. Initiatives • Construction(Michael Schneider) • Promote VM education in universities • Promote articles on construction • Apply VM to sustainable technology • Partner with charitable organizations to apply VM (Habitat for Humanity)

29. Initiatives • Industry (Drew Algase) • Foster Industry Relationships for SAVE • Increase Industry presence at annual SAVE conference, including CEO’s • Identify Sponsors and Exhibitors for SAVE Conference • Identify Industry Corporate memberships • Keynote Speaker for 2001 SAVE Conference

30. Initiatives • Services & Systems (Martyn Phillips) • Identify systems that relate to the VM • Implement Healthcare Plan • Prepare Marketing Plan for VM in Business Planning • Identify Sponsors and Exhibitors for SAVE Conference • Foster Industry Relationships

31. Initiatives • Membership(Kathy Bethany) • Increase membership • Increase Student Membership • Young Member Forum at SAVE Conference • Improve Chapter and Regional Directors Communication • Chapter Newsletter “Contest” • Membership Notes in Interactions • Revitalize Chapters

32. Initiatives • Education(Joseph Otero) • Promote College/University VM Education • Develop ancillary training programs • FAST • Facilitation Skills and Solutions • Value research & development (R&D) • Explore on-line training alternatives • Develop and implement options • Maintain program

33. Initiatives, cont’d • Education(Joseph Otero) • Improve the mentoring program • Establish mentor and apprentice goals • Invite more people to participate in program • Improve Annual Conference • site selection that matches member feedback • Continue use of ten judges of proposals • Revise conference manuals to clarify roles • Make half day Intro to VM a solicited course (like Modules I & II)

34. Initiatives • Administration(Giuseppe Sgroi) • Effective & efficient communication between SBO, members & public • Management of Action Items for a timely closure • Support the President & Exec. VP for efficient administration of programs & plans • Review and update Society manuals • Maintain society web site • Interactions (monthly)

35. Initiatives • International (William Lenzer) • Expand membership • Hong Kong • Mainland China • Russia • Philippines • Italy • Latin America

36. 2000 Events • SAVE Conf., Reno, NV: June 27-30 • AACE Conf., Calgary: June 25-28 • Target Costing, Akron, OH: October 2-3 • SJVE Conference, Japan: Oct. 24-25 • JCMS Conf., Anaheim: November 6-8 • HKVIM Conf., Hong Kong: November 22-23

37. 2001 Events • SAVE Conf., Ft. Lauderdale: May 6-9 • AIA Conf., Dallas: May 6-9 • IIE Conf., Dallas: May 20-22 • AACE Conf., Pittsburgh, PA: June 17-20 • SJVE Conf., Japan: October 23 - 24

38. Future “ As we embark into the 21st century, we must engage ourselves more proactively in the International community. Our theme for this year is “Expanding Value Society Horizons”. Promotion of the Value Methodology, New Tools and Methods to enhance Value, and building International relationships with our worldwide family of Value practitioners is paramount to our goal of achieving a higher level of standard and professional excellence.” Bruce Lenzer, CVS Chairman of the Board and President SAVE International June, 2000