Value Management is simply about ensuring a project provides a required set of functions for the lowest possible cost without compromising its purpose, quality or reliability. It is different from other management techniques because it analyses the functions of the project and the cost of providing those functions in a structured manner.

The earlier Value Management is applied the better, as change becomes increasingly more difficult and expensive as the project develops.

Term Project Management has accredited Value Management practitioners who use facilitation techniques developed for our Value Management Services which assist clients to:

-clarify objectives
-set priorities
-reach decisions
-achieve optimum value
-create commitment to the outcomes

By reducing the cost or increasing the benefit to the owner, Value Management can significantly improve the value of your project. Compared to the potential savings, the cost of implementing Value Management is small. More


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