As teachers and researchers belonging to two sister French engineering schools, we are convinced that the processes of value creation and management are essential in today's teaching of industrial engineering and project managers. We believe that such processes may be embedded in a three-part curriculum composed of value management and innovation management courses linked to the practice of group projects so as actually to acquire value and innovation spirit, reflexes and professional skills. After cogitation about the need for such knowledge and skills and a listing of an ideal value and innovation curriculum, we present our solution for a short and efficient training on value creation and management in engineering.