Chapter 10. Value Management Techniques

  1. Michael Dallas MA (Cantab), MICE, FIVM

Published Online: 30 JAN 2008

DOI: 10.1002/9780470759448.ch10

Value and Risk Management: A Guide to Best Practice

Value and Risk Management: A Guide to Best Practice

How to Cite

Dallas, M. (2006) Value Management Techniques, in Value and Risk Management: A Guide to Best Practice, Blackwell Publishing Ltd, Oxford, UK. doi: 10.1002/9780470759448.ch10

Publication History

  1. Published Online: 30 JAN 2008
  2. Published Print: 10 JAN 2006

ISBN Information

Print ISBN: 9781405120692

Online ISBN: 9780470759448

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Keywords:

  • analysis;
  • evolution;
  • project;
  • functionality;
  • claim

Summary

This chapter contains sections titled:

  • Value management techniques

  • Function analysis

  • Function analysis system technique

  • Cost/worth

  • Multifunctionality

  • SMART methodology

  • Value drivers

  • Value profiling (or value benchmarking)

  • Option selection

  • Weighting techniques

  • Generating ideas for adding value (creative techniques)

  • Selecting the best ideas (evaluation)

  • Developing implementation proposals

  • Scenarios

  • Target costing

  • Function performance specification