A short course over three days designed to assist
the participants to develop awareness and skills in Value Management.
What is Value Management
In the asset industry ACVM applies Value Management
(VM) during the development of project briefs and feasibility studies
as well as in option and design development stages across the building,
mining, engineering construction and manufacturing sectors.
VM is a way of working together to improve
value of programs, projects, systems, services or products. The
process involves selected people participating in structured, facilitated
workshops. As well as evaluating existing options or proposals VM
may be used to set objectives and develop strategies and plans for
businesses, programs or projects.
VM is used extensively by governments and the
private sector and effective application of VM has led to the achievement
of substantial benefits. These benefits may take many forms, including
achieving: Consensus, commitment and ownership by stakeholders;
Improved returns on investments; Savings in capital and recurrent
costs; Savings in time.
Why Use Value Management?
The community demands value for money from government
programs and projects. Public and private sector organisations seek
to maintain a competitive edge. Project Managers face increasing
challenges in terms of project complexity including the need to
consider a range of factors such as environment, culture and heritage.
VM provides a positive way of addressing these and other challenges.
It enables, for example, active participation of a wide range of
interested parties during strategic and conceptual planning.
Roles Performed Within Value Management
There are several roles performed under the
banner of VM:
- There is the role of managing the overall
process of VM which includes preparing for VM studies.
- Then there is the role of facilitating VM
workshops. High-level facilitation skills are essential for this.
- An organisation may have one person at a
senior level that performs the role of "champion" of
- Others play the role of independent technical
Purpose of This Course
The purpose of this course is to develop awareness
of and recognise the opportunities for the applications of VM to
particular situations and to equip participants with the necessary
knowledge and skills to enable them to actively participate in the
process of preparing and assisting in the conduct of VM studies.
The course should also enable participants to apply the principles
of VM on a day to day basis.
By the end of this course, participants should
be aware of the principles and processes of VM and be able to:
- Apply the principles of VM in their day
to day work;
- Identify potential uses of VM;
- Participate in managing the pre-VM phase
- Assist facilitators in conducting VM studies;
- Write clear & incisive objectives for
- Promote the opportunities & use of VM.
The course is an intensive, hands-on program
conducted over three days which is designed to assist participants
implement their learning. It includes:
- case studies and many examples of real situations;
- model simulation and related exercises;
- participants from a range of organisations
who bring a range of perspectives & experiences to the learning
- leading practitioners as course presenters.
Professor Roy Barton, ACVM. Roy is a leading
exponent of VM. He has an internationally acclaimed reputation as
a researcher, practitioner and exciting teacher in VM. You will
learn the very latest in theory & practice from Roy and be captivated
by his enthusiasm, empathy and style.
Ross Prestipino, Director ACVM. Ross has created
a well earned reputation as the most incisive manager and reporter
of the VM process and a comprehensive teacher of these skills while
still providing his wide client base with acute facilitation services.
Need More Information?
Registration & Payment Details
Please complete the Course
Registration and submit to ACVM to secure a place in the course.
ACVM will then invoice for the course fee.