Value
Management Value
Study Facilitation Value
Program Development
Business
Improvement Services
Value
Metrics, LLC
Professional
Training &
Educational Provider Value
Methodology Training Project
Management Training
Traditional
Classroom and e-Learning Formats
NEWS
Value
Metrics is now a PMI Registered Educational Provider!
Value Metrics, LLC has been certified by the Project
Management Institute as a Registered Educational Provider (R.E.P.)
VMS Posts
Strong Implementation Results on the Silicon Valley Rapid Transit
Project
The Santa Clara Valley Transportation Authority has slated
approximately $300 million in cost savings for implementation that
were identified in a series of four value studies conducted during
the concept design phase.
VMS Launches Web Based Training
SAVE Certified VM Training available
in August, 2005.
New text, "Fundamentals of Value
Methodology," available.
VMS's Terry
Hays is inaugurated President of SAVE International
VMS, Inc.'s President Terry Hays was inaugurated President of
SAVE International at the 2005 Annual
Conference in San Diego, CA.
VALUE METHODOLOGY
What is Value Methodology?
Function
oriented problem solving methodology
Focuses
on improving value by optimizing performance and cost
Can
be applied to any project or problem from any discipline
The Value Methodology exists under several different names, such as
value engineering, value analysis and value management. There are no
essential differences between these designations and they are, for
all practical purposes, interchangeable. The term value engineering
has been traditionally used whenever the Value Methodology is
applied to the construction industry or industrial design; the term
value analysis for concept planning or process applications; and the
term value management for administration or management applications.
Value Methodology is the term most commonly used today and refers to
the comprehensive body of knowledge related to improving value
regardless of the area of application. Value Methodology is
formally defined as:
The systematic application of recognized
techniques which identify the functions of the product or service,
establish the worth of those functions, and provide the necessary
functions to meet the required performance at the lowest overall
cost.
Please click on the "Value
Methodology" link to read more about
this powerful and dynamic value improvement discipline.