Value Management: Improving CapabilitiesThomas Telford, 2001 - 98 من الصفحات Value Management (VM), as a decision-making process, enables stakeholders to enhance the value provided by a project. While this often leads to cost savings, more importantly, it seeks to provide the best outcome for a project by considering a variety of assessment criteria. These assessment criteria allow customers and other stakeholders to recognise the project as 'preferable' to other alternatives. This report is one of the few to look at Value Management from the client's procurement prospective. Based on extensive empirical research over a period of one year in the UK, it examines why clients use Value Management, how they use it, and what benefits they achieve by applying it. This publication acts as a third-party facilitator helping both clients and providers improve VM. The text provides a comprehensive summary for those wishing to improve organisational Value Creation for all stakeholders and explains how to improve Value Management in a structured way to enhance competitive advantage.Value Management: improving capabilities provides a toolkit to help individual clients and their suppliers structure conversations from which both parties can agree 'what' and 'how' improvements can be made to their VM processes. By reading this report and then using the self-assessment and self-improvement sections, readers will be in a position to reap the benefits that Value Management can bring to their organisation and to its projects. |
المحتوى
How can we avoid being overwhelmed? | 40 |
Enabling selfimprovement | 56 |
72 | |
Further guidance on how to read Chapter 2 | 81 |
Data specification | 90 |
96 | |
طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
65 Improve VM 73 Improve achieve Action Advance Client Expectations Aggregated Cluster Identifier allows analyze Appendix approach attribute audit trail Benefits from VM brainstorming Carillion Chapter Clarify Classic FAST clients and VM Conclusion construction context cost of VM creative customers decision decision-making defined develop example experience of VM external facilitators facilitators be improved FAST diagram focus groups Function Analysis Function Identifier goals grounded theory ideas implemented Improve Facilitation Improve VM Client Improve VM Process Increase individual Innovation internal VM logic path methodology Object organization organizational outcomes Oxford Brookes University Participants performed practitioners project management questions Railtrack relationships responses senior managers Springate sticky notes strategic techniques things thinking tion training of VM Trigger VM understand Value Engineering Value Management value study VM Client Satisfaction VM facilitators VM improvement VM Noun VM providers VM services VM study VM workshops
مقاطع مشهورة
الصفحة 72 - VM as: a systematic, multi-disciplinary effort directed towards analyzing the functions of projects for the purpose of achieving the best value at the lowest overall life cycle project cost.