Value Management Practice

by Thiry, Michel

• ISBN13: 9781880410141
• ISBN10: 1880410141
• Format: Paperback
• Copyright: 1997-11-01
• Publisher: Project Management Inst

Table of Contents

Preface	xi
History of Value Management	1	(6)
Theory and Techniques	1	(2)
1940 to 1960: More for Less	1	(1)
1960 to 1980: Opening New Paths	2	(1)
1980 to Present: Towards Value Management	2	(1)
Outlook:Integration	3	(1)
Value Management Expansion	3	(1)
Establishing Value Analysis/Value Engineering Certification and Standards	4	(3)
Theory	7	(14)
Value	7	(2)
What is Value?	7	(1)
What is Good Value?	8	(1)
Types of Values	9	(1)
Value Management	9	(2)
Function	11	(2)
What is a Function?	11	(1)
Types of Functions	12	(1)
The Team	13	(1)
Composition	13	(1)
Tasks and Responsibilities	14	(1)
The Job Plan	14	(4)
Why a Job Plan?	15	(1)
Job Plans	16	(2)
Objectives of Each Phase	18	(2)
Information/Presentation Phase	18	(1)
Function Analysis Phase	19	(1)
Speculation/Creativity Phase	19	(1)
Analysis/Evaluation Phase	19	(1)
Study/Development Phase	19	(1)
Recommendation/Presentation Phase	20	(1)
Where and When to Use Value Management	20	(1)
The Management of Value	21	(54)
Preparation	21	(19)
Identification of the Need	21	(3)
The Value Management Team	24	(3)
Creative Thinking	27	(2)
Data Gathering	29	(2)
Cost Techniques	31	(5)
Modeling	36	(4)
Information	40	(2)
Presentation	42	(1)
Function Analysis	42	(13)
In Search of the Need	42	(2)
The Function Analysis Workshop	44	(1)
Identify Functions (Customer-Oriented)	45	(2)
Organize Functions (FAST Diagrams)	47	(6)
Characterize Functions	53	(1)
Rank Functions	54	(1)
Rate Functions	54	(1)
Creativity	55	(3)
In Search of the Solution	55	(1)
Creativity Applications in Value Management	56	(1)
Creativity Synergists	56	(1)
Creativity Inhibitors	57	(1)
Roadblocks	57	(1)
Form	58	(1)
Evaluation	58	(7)
Eliminating Ideas	59	(1)
Selection/Ranking Methods	60	(1)
Rating	61	(3)
Conclusions	64	(1)
Weighted Matrix Example	65	(1)
Development	65	(4)
Favoring Implementation	65	(1)
Classifying and Estimating Proposals	66	(1)
Value Management Proposals (VMP) Forms	67	(2)
Recommendation	69	(3)
Recommendations You Can't Refuse	69	(1)
Types of Presentation	70	(2)
Follow up of Implementation	72	(3)
Value Integration	75	(20)
Examining Project Management Methodologies	75	(1)
Risk Analysis	75	(7)
What is Risk?	76	(2)
Risk Management	78	(3)
Benefits of Risk Management	81	(1)
Quality Modeling	82	(5)
Introduction	82	(1)
Modeling Quality Expectations	82	(2)
Measuring Quality Conformance	84	(1)
Managing Project Quality	85	(1)
Lessons Learned	86	(1)
Project Management	87	(8)
Introduction	88	(2)
Function Analysis	90	(1)
Value Analysis	91	(1)
Value Control	91	(1)
Follow Up and Implementation	92	(1)
Conclusion	92	(3)
Appendix A: Value Management Associations	95	(4)
Appendix B: WWW Sites	99	(4)
Appendix C: Value Analysis Forms	103	(2)
References	105	(7)
Books and Articles	105	(6)
Videography	111	(1)
About the Author	112