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    Thought Leadership

         Management of Value

     

    The concept of value is based on the relationship between satisfyling needs and expectations and the resources

    required to achieve them. 

     

    "The aim of Value Management is to reconcile all stakeholders' views and to achieve the best balance

    between satsified needs and resources." 

     

                                                                                                              Institute of Value Management

     

     

    When executing projects, the key objective is to ensure the desired outputs/deliverables result in the realization

    of expected benefits.  For programs, the outputs/deliverables from the constituent projects collectively must

    achieve the strategic outcomes targeted.  At the Portfolio level, it is essential that the orgnizations can express

    its priorities in terms of what will add most value to the organization in pursuit of its strategic imperatives. 

    Programs and projects can then be designed and aligned to deliver these priorities.

     

    Value Management is the set of principles, processes and techniques used to deliver best value for owners and

    end users alike.  It is focused on ensuring that effort (Portfolio, Program, Projects and Lean) manifests itself in results

    that meet a need while taking account of/reconciling different stakeholder priorities, needs, organizational priorities

    and optimal use of resources available.

     

     

    To find out more about the techniques and other elements of Value Management you may wish to visit: https://ivm.org.uk/techniques

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

       Value Stream Mapping

     

        Business/Value Case Development

     

        Capability, Feature Modelling

     

        Function Analysis, Workflow Design

     

        Business Process Re-Engineering       

     

        Metrics & Value Indexing

     

        Estimation Techniques 

     

      

                

     

     

     

     

     

     

     

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