Introduction to course and presenting goals of the course.

Introduction to Management of Value:

• What is Value?
• Why Management of Value is so important?
• When to use Management of Value?

Principles – Management of Value good practices:

• combining with organization’s goals,
• focusing on functions and requirements,
• balancing factors for maximizing value,
• use during making investment decisions,
• adjustment to change topic,
• gaining experience in learning organization,
• clear roles and responsibilities creating the culture of support for Management of Value.

Processes in Management of Value:

• specifying project or programme,

• collecting information,

• analyzing information,

• processing information,

• evaluation and selection,

• extending offers increasing the value,

• implementing and sharing performance.

 Management of Value techniques:

• functional analysis  (among others FAST, Value Index, Value Tree),

• functional analysis of costs,

• Value engineering,

• commonly used techniques in Management of Value (among others Benchmarking, process mapping, brainstorm).

Implementation methods:

• planning activities related to Management of Value,

• understanding what Value in organization is,

• giving Value priority,

• increasing Value,

• quantitive specification of Value,

• Value improvement control,

• drawing conclusions as an aspect of learning organization.

Environment and embedding Management of Value in organization.

Key documents in Management of Value.

Studying Management of Value maturity in organization using Health Check method.

MoV® Foundation exam