An Introduction to Conducting Value Studies - Paperback

by Martyn R. Phillips (Author)

Value studies are conducted across a variety of application types in various sectors. This guide provides a basic understanding of the value study process and how it is applied to programs and projects. The purpose of this booklet is to outline the essential steps of a typical value study and to enable the consensus-building and decision-making processes. While the language of this guide applies particularly to "hard" projects, it is also directly applicable to "soft" projects and problems of business management. After all, most "hard" projects arise from, or support, "soft" projects. More information on the topic of improving project performance and value may be obtained in the other publications in this series. Persons new to the value study process will quickly gain an insight to what is involved in participating in a study and particularly the value workshop. For "old hands", the guide will act as a convenient aide-memoire for the content and order of each step in the value study process. By acquainting all participants of the process and requirements of a value study, maximum effort can be applied to the specific problem (opportunity) under consideration.

Author Biography

Martyn Phillips is a seasoned value specialist with a strong background in both technical and project management. He has worked in several different countries and diverse cultures throughout the world. His leadership of opportunity and problem-solving explorations has resulted in substantial savings of time and capital (& life-cycle) cost; this includes reduced risk and significant constructability / functionality / productivity enhancements, for many high profile, public and private sector programs, projects and services. He is qualified as both an Engineer and a Value Specialist in Europe and in North America. He assists organizations achieve their business goals, particularly through planning & optimization of major initiatives. He is a Director of the Team Focus Group and is based in Alberta, Canada. Martyn also conducts strategic and operational consulting assignments, as well as performance improvement training / coaching and change management for a wide range of clients and topics worldwide. His business activities also include organizational efficiencies and effectiveness, interim management, independent reviews, program / project planning and controls, as well as project rescue, along with transformation of business processes. Fellow, SAVE International (US), Fellow of the Hong Kong Institute of Value Management, Fellow of the Chartered Institution of Water and Environmental Management (UK), Fellow of the Institution of Civil Engineers (UK), Certified Value Specialist (US), Certificated Value Manager (UK), Professional Engineer (Canada), Professional in Value Management (Europe).