Value Management Practice

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Publisher :
ISBN 13 : 9781880410141
Total Pages : 0 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Value Management Practice by : Michel Thiry

Download or read book Value Management Practice written by Michel Thiry and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project managers will enjoy learning more about "value" and "customer" in this breakthrough book. Putting value and customer needs at the center of a project management effort is a key point in the book, and Thiry's well-written Value Management Practice clearly explains how to make it happen. Thiry begins with a short history of value management. During World War II, shortages of critical resources, such as steel and aluminum, forced manufacturers to use available, seemingly inferior, materials and alternate designs. Creativity became key! When the inexpensive products performed better than the originals, value engineering was born. Its goal was to produce top-quality products at reduced cost. By century's end, the field had broadened to become value management, with customer satisfaction as the primary determinant of product quality. This valuable book outlines the scope of practice from which you can learn the principles, concepts, tools, and techniques to create value-added project management. Value integration in project management will enhance your communications and team spirit, increase your knowledge of the project to facilitate decision-making, lead to optimum overall performance with fewer resources, and generally improve your projects and your organization.

The Standard for Earned Value Management

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Publisher : Project Management Institute
ISBN 13 : 1628256397
Total Pages : 260 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis The Standard for Earned Value Management by : Project Management Institute Project Management Institute

Download or read book The Standard for Earned Value Management written by Project Management Institute Project Management Institute and published by Project Management Institute. This book was released on 2020-04-13 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide – Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization.

Framework for Value Management Practice

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Publisher : Project Management Institute
ISBN 13 : 1628251417
Total Pages : 168 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Framework for Value Management Practice by : Michel Thiry

Download or read book Framework for Value Management Practice written by Michel Thiry and published by Project Management Institute. This book was released on 2013-10-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Framework for Value Management Practice—Second Edition begins by providing readers with the background needed to understand the origins of this complex and rapidly evolving practice. The second chapter builds on this foundation, by helping readers understand how the deceptively simple concept of "value" is actually a complex interweaving of factors that include time, people, subject and circumstance. Dr. Thiry then walks the reader step by step through the complexities of different value methodologies. The updated third chapter describes tools and techniques that can be used to achieve the objectives of a value study, including the latest integrative techniques. The fourth chapter, which has been completely rewritten, covers value integration as seen within an Organizational Project Management (OPM) context.

Earned Value Management

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Publisher : Project Management Institute
ISBN 13 : 1628251336
Total Pages : 92 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Earned Value Management by : Lingguang Song

Download or read book Earned Value Management written by Lingguang Song and published by Project Management Institute. This book was released on 2010-04-01 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Funded by a research grant from Project Management Institute (PMI) and PMI’s College of Performance Management (CPM), this study’s aim is to help project managers better comprehend and gauge the current level of EVM practice and its user base. A key element of the research is a survey of more than 600 project management practitioners, providing a cross-sectional view of the most current EVM practices. To provide practical and meaningful comparison of EVM practice, respondents are classified by industry sector, motivation for EVM usage, organization role, and geographic location.

PMP Exam Master Prep

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Publisher : PMP Master Prep
ISBN 13 : 9780996340656
Total Pages : 350 pages
Book Rating : 4.3/5 (46 download)

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Book Synopsis PMP Exam Master Prep by : Scott Payne

Download or read book PMP Exam Master Prep written by Scott Payne and published by PMP Master Prep. This book was released on 2018-02-08 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Value Management of Construction Projects

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Publisher : John Wiley & Sons
ISBN 13 : 1118351231
Total Pages : 581 pages
Book Rating : 4.1/5 (183 download)

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Book Synopsis Value Management of Construction Projects by : John Kelly

Download or read book Value Management of Construction Projects written by John Kelly and published by John Wiley & Sons. This book was released on 2014-11-17 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value Management is a philosophy, set of principles and a structured management methodology for improving organisational decision-making and value-for-money. The second edition builds on the success of the first edition by extending the integrated value philosophy, methodology and tool kit to describe the application of Value Management to the areas of service delivery, asset management, and, Programmes, in addition to Projects, products and processes. Value Management is a well-established methodology in the international construction industry, and in the UK has been endorsed as good practice in a range of government sponsored reports. In this book the authors have addressed the practical opportunities and difficulties of Value Management by synthesising the background, international developments, benchmarking and their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. The second edition retains the structure of the first edition, covering methods and practices, frameworks of value and the future of value management. It has been thoroughly updated, and a number of new chapters added to encapsulate further extensions to current theory and practice. In particular, the new edition responds to: A range of recent UK industry and government publications; and most notably BS EN 16271:2012 - Value management: Functional expression of the need and functional performance specification; the imminent update of BS EN 12973:2000 Value Management; BS EN 1325 Value Management -- Vocabulary, Terms and definitions; the changes to "Value for Europe" governing the training and certification of Value Management in European Union countries; the UK Government’s Management of Value (MoV) initiative, together with other leading reports, international guidance and standards on Value Management. Research in Value Management undertaken since publication of the first edition. Changes in Value Management practice particularly in Programmes and Projects. Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realisation. Initiatives in asset management initiatives covering the management of physical infrastructure, for example the recent launch of a suite of three standards under the generic title of BS ISO 55000: 2014 Asset Management, and its predecessor BSI PAS55 2008 "Asset Management: Specification For The Optimized Management Of Physical Assets" The second edition contains a dedicated chapter of exemplar case studies drawn from the authors' experience, selected to demonstrate the new areas of theory and practice. An Appendix includes an extensive set of tools and techniques of use in Value Management practice. Construction clients, including those in both the public and private sectors, and professionals such as construction cost consultants, quantity surveyors, architects, asset managers, construction engineers, and construction managers will all find Value Management of Construction Projects to be essential reading. It will also be of interest to researchers and students on construction related courses in Higher Education -- particularly those at final year undergraduate and at Masters level.

A Practical Guide to Earned Value Project Management

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Publisher : Berrett-Koehler Publishers
ISBN 13 : 1523097027
Total Pages : 326 pages
Book Rating : 4.5/5 (23 download)

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Book Synopsis A Practical Guide to Earned Value Project Management by : Charles I. Budd

Download or read book A Practical Guide to Earned Value Project Management written by Charles I. Budd and published by Berrett-Koehler Publishers. This book was released on 2009-10 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Best Resource on Earned Value Management Just Got Better! This completely revised and updated guide to earned value (EV) project management is the go-to choice for both corporate and government professionals. A Practical Guide to Earned Value Project Management, Second Edition, first offers a general overview of basic project management best practices and then delves into detailed information on EV metrics and criteria, EV reporting mechanisms, and the 32 criteria of earned value management systems (EVMS) promulgated by the American National Standards Institute and the Electronic Industries Alliance and adopted by the Department of Defense. This second edition includes new material on: • EV metrics • Implementing EVMS • Government contracts • Time-based earned schedule metrics • Critical chain methodologies

Practice Standard for Earned Value Management

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Publisher :
ISBN 13 : 9781935589358
Total Pages : 0 pages
Book Rating : 4.5/5 (893 download)

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Book Synopsis Practice Standard for Earned Value Management by : Project Management Institute

Download or read book Practice Standard for Earned Value Management written by Project Management Institute and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents basic practice standards for the project management process, covering such topics as organizing a project, developing a schedule, establishing a budget, setting up a performance measure baseline, and analyzing project performance.

Value Management in Construction

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Publisher :
ISBN 13 : 9780333606261
Total Pages : 225 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Value Management in Construction by : Brian Norton

Download or read book Value Management in Construction written by Brian Norton and published by . This book was released on 1995 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Both the theory of VM and detailed guidance on how to use the methodology in practice.

Mastering Customer Value Management

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Publisher : Customer Value Management I
ISBN 13 : 9781893673076
Total Pages : 372 pages
Book Rating : 4.6/5 (73 download)

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Book Synopsis Mastering Customer Value Management by : Ray Kordupleski

Download or read book Mastering Customer Value Management written by Ray Kordupleski and published by Customer Value Management I. This book was released on 2003 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is an emerging art and science of customer value management that is proving its worth inincreased market share and shareholder value for the companies that practice it. Customer value management is about: choosing value (determining what customers really value and developing your value proposition ) delivering value (making sure business processes are aligned with value proposition) communicating value (educating the market on your value proposition)The concepts of customer value management and the practical tools that have been developed to support them are the subject of this book.

Measuring Time

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Publisher : Springer Science & Business Media
ISBN 13 : 144191014X
Total Pages : 184 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Measuring Time by : Mario Vanhoucke

Download or read book Measuring Time written by Mario Vanhoucke and published by Springer Science & Business Media. This book was released on 2009-10-09 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meant to complement rather than compete with the existing books on the subject, this book deals with the project performance and control phases of the project life cycle to present a detailed investigation of the project’s time performance measurement methods and risk analysis techniques in order to evaluate existing and newly developed methods in terms of their abilities to improve the corrective actions decision-making process during project tracking. As readers apply what is learned from the book, EVM practices will become even more effective in project management and cost engineering. Individual chapters look at simulation studies in forecast accuracy; schedule adherence; time sensitivity; activity sensitivity; and using top-down or bottom-up project tracking. Vanhoucke also offers an actual real-life case study, a tutorial on the use of ProTrack software (newly developed based on his research) in EVM, and conclusions on the relative effectiveness for each technique presented.

Value and Risk Management

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Publisher : John Wiley & Sons
ISBN 13 : 0470759429
Total Pages : 400 pages
Book Rating : 4.4/5 (77 download)

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Book Synopsis Value and Risk Management by : Michael F. Dallas

Download or read book Value and Risk Management written by Michael F. Dallas and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published on behalf of the Chartered Institute of Building and endorsed by a range of construction industry institutes, this book explains the underlying concepts of value and risk, and how they relate to one another. It describes the different issues to be addressed in a variety of circumstances and at all stages of a project's life and reviews a number of commonly used and effective techniques, showing how these may be adapted to suit individuals' styles and circumstances. * Published on behalf of the Chartered Institute of Building with cross-industry institutional support * Combines value and risk management which are often considered, wrongly, in isolation * Makes a complicated subject accessible to a wide audience of construction practitioners * Features checklists and proformas to aid implementation of best practice * Author has extensive practical experience of the subject

Value Management in Healthcare

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Publisher : Taylor & Francis
ISBN 13 : 1351591487
Total Pages : 337 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Value Management in Healthcare by : Nathan William Tierney

Download or read book Value Management in Healthcare written by Nathan William Tierney and published by Taylor & Francis. This book was released on 2017-10-06 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Nathan Tierney’s powerful storytelling is rarely seen in today’s health care business environment. We must redesign the health care delivery system---a team sport in service of patients, hold it accountable with measurement to improve outcomes, and quantify the resource costs over the full cycle of care. Value-based health care is a framework through which these goals are achieved, and Tierney provides a detailed playbook to get your organization there. Outlined in incredible detail and clarity, he presents core concepts and dives into the key metrics needed to build, maintain, and scale a successful value-based health care organization. Nathan shares a realistic vision of what any CEO should expect when developing their own Value Management Office. Nothing is more important to me than improving the lives of those I love. My personal mission is to create systemic change with an impact on the global stage. This playbook needs to be on the desk of every executive, clinician, and patient today." -Mahek Shah, MD, Senior Researcher and Senior Project Leader, Harvard Business School Our current healthcare system’s broken. The Organization for Economic Co-Operation and Development (OECD) predicts health care costs could increase from 6% to 14% of GDP by 2060. The cause of this increase is due to (1) a global aging population, (2) growing affluence, (3) rise in chronic diseases, and (4) better-informed patients; all of which raises the demand for healthcare. In 2006, Michael Porter and Elizabeth Teisberg authored the book ‘Redefining Health Care: Creating Value-Based Competition on Results.’ In it, they present their analysis of the root causes plaguing the health care industry and make the case for why providers, suppliers, consumers, and employers should move towards a patient-centric approach that optimizes value for patients. According to Porter, "value for patients should be the overarching principle for our broken system." Since 2006, Professor Porter, accompanied by his esteemed Harvard colleague, Profesor Robert Kaplan, have worked tirelessly to promote this new approach and pilot it with leading healthcare delivery organizations like Cleveland Clinic, Mayo Clinic, MD Anderson, and U.S. Department of Veteran Affairs. Given the current state of global healthcare, there is urgency to achieve widespread adoption of this new approach. The intent of this book is to equip all healthcare delivery organizations with a guide for putting the value-based concept into practice. This book defines the practice of value-based health care as Value Management. The book explores Profesor Porter’s Value Equation (Value = Outcomes/ Cost), which is central to Value Management, and provides a step-by-step process for how to calculate the components of this equation. On the outcomes side, the book presents the Value Realization Framework, which translates organizational mission and strategy into a comprehensive set of performance measures and contextualizes the measures for healthcare delivery. The Value Realization Framework is based on Professor Kaplan's ground-breaking Balanced Scorecard approach, but specific to healthcare organizations. On the costs side, the book details the Harvard endorsed time-driven activity based costing (TDABC) methodology, which has proven to be a modern catalyst for defining HDO costs. Finally, this book covers the need and a plan to establish a Value Management Office to lead the delivery transformation and govern operations. This book is designed in a format where any organization can read it and acquire the fundamentals and methodologies of Value Management. It is intended for healthcare delivery organizations in need of learning the specifics of achieving the implementation of value-based healthcare.

Value Management

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Author :
Publisher : Thomas Telford
ISBN 13 : 0727727303
Total Pages : 76 pages
Book Rating : 4.7/5 (277 download)

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Book Synopsis Value Management by : Steven Male

Download or read book Value Management written by Steven Male and published by Thomas Telford. This book was released on 1998 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value management (VM) is a structured, team-oriented approach to problem solving that can be applied to the concept, design, construction and on-going management phases of a project. The primary reasons for any client or consultant to commission a VM study is to achieve value improvements and/or monetary savings. The Research documentThis document presents the findings of the three year research programme that formed the basis for the Framework results. It compares and contrasts the various methodologies, tools, and techniques of VM.

How to Get Every Earned Value Question Right on the Pmp(r) Exam

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781502494764
Total Pages : 0 pages
Book Rating : 4.4/5 (947 download)

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Book Synopsis How to Get Every Earned Value Question Right on the Pmp(r) Exam by : Aileen Ellis

Download or read book How to Get Every Earned Value Question Right on the Pmp(r) Exam written by Aileen Ellis and published by Createspace Independent Publishing Platform. This book was released on 2014-09-24 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aileen's view on PMP Exam Preparation To learn to ride a bike, a person must ride a bike. To learn to pass the PMP(r) Exam, a person must practice with hundreds and hundreds of PMP(r) Exam Prep sample questions. This book is the first book in our series of mini- books - PMP(r) Exam Preparation Simplified Series Over the last 16 years Aileen has helped over 10,000 project managers in her workshops obtain their PMP(r) credential. Often the participants in Aileen's workshops are successful project managers who may lack experience is specific topics on the PMP(r) Exam. The topics that participants seem to struggle with the most are: Earned value Management (EVM) Contract types and calculations(FPIF, CPIF, PTA, etc.) Network diagrams including float, free float, project float, leads and lags Financial based questions including IRR, ROI, etc. Statistical based questions There is one thing all of these areas have in common and it is math. Aileen has decided to create mini-books in each of these areas so that students can gain both the knowledge and the confidence to get these questions right. Many project managers want to study just enough to pass the PMP(r) Exam and not one second more.Aileen's view is to practice on enough sample questions in each area so that the project manager is confident he/she will never get a question in that area wrong. While the primary goal of this book and Aileen's workshops is to help you pass the PMP(r) Exam, Aileen hopes that you will also walk away as a more knowledgeable and successful project manager.

Value Management in Construction and Real Estate

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Publisher : Routledge
ISBN 13 : 1317527534
Total Pages : 182 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Value Management in Construction and Real Estate by : Geoffrey Q. P. Shen

Download or read book Value Management in Construction and Real Estate written by Geoffrey Q. P. Shen and published by Routledge. This book was released on 2015-10-05 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: This cutting edge study explores alternative methods and tools to obtain value for money while maintaining quality in construction projects, especially large and complex ones. Extensive references throughout will help the reader develop a deeper understanding of the methodology, and self-study questions help to keep you on track. Ideal as a reference for practitioners and the perfect intro for students of construction or real estate.

Value Management

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Publisher : Thomas Telford
ISBN 13 : 9780727729897
Total Pages : 118 pages
Book Rating : 4.7/5 (298 download)

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Book Synopsis Value Management by : Roy M. Woodhead

Download or read book Value Management written by Roy M. Woodhead and published by Thomas Telford. This book was released on 2001 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.