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Strategic Management - Value Management

The management of ‘Value’, in the context of what something is worth to someone, is a style that promotes synergies and innovation, with an aim of maximising overall performance of a product, project, programme or organisation.

Value is therefore directly related to the quality of a function. As such there needs to be an alignment between the function and the project solution and thus form should follow function. Ultimate objectives need to be aligned with and drive the proposals that reconcile with the strategic fit of the project and ultimately the client organisation and stakeholders. As such, it analyses the need for a project in delivering the optimum design and construction solution whilst having regard for the benefits and costs that accrue.