1. Welcome from SAVE International® Presented to the 5 th Gulf Value Engineering Conference at the Le Meridien Al-Khobar Hotel Kingdom of Saudi Arabia May 19-20, 2015 James D. Bolton, PE, CVS®-Life, PVM, FSAVE President of SAVE International® and Bolton Value Consulting

2. Jim Bolton is a Certified Value Specialist-Life (CVS-Life), a Professional in Value Management (PVM), a Fellow of SAVE International (FSAVE), and currently the President of SAVE International®. He is employed as President of Bolton Value Consulting, LLC established in August 2014 to support organizations whom are interested in improving the value they deliver to their customers. Previously, Jim was the Design for Value Global Lead for Whirlpool Corporation where he developed a global Value Engineering and Design for Manufacturing and Assembly process within that corporation which was embedded into their Product Development Process globally. He has conducted numerous Module I Workshops globally where he was the advisor and mentor for over 300 certified AVS practitioners and where he developed a professional team of Regional Value Managers in every region where Whirlpool conducts business. Jim was elected as President of SAVE International® in June 2013 after completing several previous 2-year assignments as Executive Vice President, Vice President of Global Affairs, and Vice President of Manufacturing for SAVE International. In addition, Jim served as a Director on the Miles Value Foundation from 2004-2009 and is a co-author of the Value Methodology Memory Jogger which is the Body of Knowledge for SAVE International®.

3. Welcome from SAVE International  First I would like to welcome the Gulf Chapter of SAVE International® to the 5 th Gulf Value Engineering Conference.  We are very pleased you have attended this conference and support SAVE International® with your membership and certification.  Finally, I would like to welcome all of you to the 55 th SAVE International® VE Summit in San Diego, CA from June 7-9, 2015 at the Hyatt Regency Mission Bay Hotel.

4. Gulf Chapter Certification Statistics Attached are certification rates by Gulf Chapter Countries

5. Gulf Chapter Membership Statistics, cont. = 331

6. Current SAVE International Initiatives  SAVE International® is in the process of preparing for ANSI accreditation and has completed step 1 of 3 - the gap assessment.  In addition, SAVE International is writing a Function Analysis/FAST guidebook which will be published (via the Miles Value Foundation) before the end of 2015.  The Certification Board of SAVE International® will be introducing a new entry level of Value Engineering Certification (possibly called ‘Value Team Member’ (VTM) before the end of 2015.

7. E-Learning Available on SAVE Website  SAVE International® introduces e-learning opportunities through Verified Learning.  Go to www.value-eng.org, click on education page and go down to Verified Learning Portal.www.value-eng.org

8. University Professors & Student Benefits  Membership to SAVE International® is Free for university students w/ an ‘.edu’ e-mail address.  The Miles Value Foundation (MVF) helps universities establish Value Education programs to spread the Value Methodology.  A contract with an interested University Professor is required, however, training and materials are provided for serious candidates.  For more information about the MVF, contact their President, Jim Rains at: j.rains@avgconsulting.com j.rains@avgconsulting.com or +1.623.826.2708 Info at: www.milesvaluefoundation.org