Value Optimization for Project and Performance Management

by Stewart, Robert B.

• ISBN13: 9780470551141
• ISBN10: 0470551143
• Edition: 1st
• Format: Hardcover
• Copyright: 2010-04-26
• Publisher: Wiley
• More Book Details

Summary

This book presents a practical and proven approach that provides organizations with a cohesive theory, structured framework, and diverse toolset to identify, quantify, and optimize the real value they deliver. This book walks readers through the value optimization process, showing them how to transform the way a product or process is perceived, boiling it down to its core function and includes dozens of examples of how this process has been applied with amazing results, The author will also provide a link to a free software demo for readers to get started in applying value optimization in their own organization.

Author Biography

ROBERT B. STEWART,CVS, FSAVE, PMP, is President of Value Management Strategies, Inc., a consulting firm specializing in the application of value methodology to projects and business processes. He has led over 300 value studies for clients in private and public sectors and trained thousands of individuals worldwide in value optimization techniques. He is a Fellow of SAVE International and serves as a Director on the Lawrence Delos Miles Value Foundation, a nonprofit organization established to promote and fund the development of educational programs, new applications, and a research library for the study of Value Methodology (VM).

Table of Contents

Foreword

Preface

Acknowledgments

Introduction

Today's Challenges

Value Methodology

Why Use Value Methodology?

Project Management and Value Methodology

Value Methodology and Teamwork

History of Value Methodology

SAVE International

Current VM Applications

Summary

Value

The Concept of Value

Value Theory

Reasons for Poor Value

Summary

Value Methodology Job Plan

The Value Methodology Job Plan

Value Metrics

Summary

Preparation

Preparation Phase

The Value Team

Summary

Case Study

Information

Information Phase

Gather and Analyze Project Scope and Schedule Information

Gather and Analyze Project Schedule Information

Gather and Analyze Project Cost Information

Life Cycle Costing

Gather and Analyze Project Risk Information

Conduct Value Study Kick-Off Meeting

Conduct Site Visit

Summary

Case Study

Function

Function Phase

Defining Functions

Classifying Functions

Evaluating Functions

Summary

Case Study

Speculation

Speculation Phase

Creativity

Roadblocks to Creativity

Creativity Techniques

Summary

Case Study

Evaluation

Evaluation Phase

The Evaluation Process

Evaluation Techniques

Selecting Ideas for Development

Summary

Case Study

Development

Development Phase

Develop Value Alternatives

Review Value Alternatives

Summary

Case Study

Presentation

Presentation Phase

Selling Change

Assess Value - Value Metrics

Conduct Exit Briefing

Prepare and Submit Value Study Report

Summary

Case Study

Implementation

Implementation Phase

Managing Change

Review and Assess Value Alternatives

Resolve Value Alternatives

Develop Implementation Plan

Track and Audit Results

Summary

Case Study

Value Leadership

Value Leadership

Characteristics of Value Specialists

Value Methodology Professionals

Professional Standards of Conduct

Summary

Notes

Suggested Reading

About the Author

Index

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