Value Improving Practices - Program Implementation Strategy
How to roll out a Value Improving Practices or Value Engineering / Value Management Program?
We should recognize that there are various program Strategies that may be applicable to initiating and pursuing such a program. It is important to recognize the program must be treated as a significant investment ... similar to any other Major Project with a focus on the Return on Investment of committing resources to the program.
... Once we recognize this, we can then apply the well-proven methodologies, similar to developing, and funding a Major Project with an acceptable Return on Investment goal (ROI).
We address tracking results, collecting feedback for program analyses and improvement. Additionally we discuss meticulous planning, rapid documentation of outcomes, and continuous evaluation for measurable ROI when implementing VIPs.
1 1/2 PDUs recognised by SAVE Int., AACE Int., PMI etc.
SAVE Int.- 1 1/2 PDUs - Core Competency # 9 Value Program