The satisfaction of Client needs is a fundamental
business process and a vital part of a companies long term survival. The
satisfaction of a Clint needs can not be at any cost and the key thing is to
ensure that Client value is created and not destroyed.
A great sculptor can see the valuable piece of art within a
plain
piece of rock and has to expertly remove the outer waste to unlock the valuable
creation within.
Value management is the process of discovering what
the Client values then analysing solutions to ensure that the best value
solution is created using available resources.
Value is a very individual assessment and a very
simple way of describing value
value = |
Satisfaction of needs (benefits)
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= |
What you get
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Use of resources (expenditure) |
What you give |
Value management processes apply rigour to new and
existing solutions creation by evaluating what a Client values then removing
and peeling back non value adding elements to reveal the true value of the
solution.
The process focuses on what things do
to contribute to the outcome of an activity rather than products and what
things are. This reflective thinking creates a dynamic that reduce wastes and searches for alternative
solutions that maximise value.
We are able to offer a value management service that
investigates existing solutions and develops better value for money
solutions or we can work with Clients who are just starting on their value
management journey offering coaching and support.
Value management can create a more effective solution
which can be delivered more efficiently if delivered with lean
thinking and processes.
Client projects
Value by design
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Working
with Value by Design NEC framework Clients perform an independant review
of KPI performance
metrics and evaluate contractor performance and process improvements. |
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