Discover the proven process for maximizing the potential value of any project. Showing readers how to apply value optimization techniques to project and performance management, dramatically increasing results and efficiency, Value Optimization for Project and Performance Management is written to compliment the Project Management Body of Knowledge, the guidance published by the Project Management Institute (PMI®), making it readily applicable for any project manager. • Presents methodology applied with hundreds of clients across a range of industries • Filled with practical facilitation and implementation tips • Presents a cohesive theory, structured framework, and diverse toolset • Walks you through the value optimization process, showing you how to transform the way a product or process is perceived Brimming with examples, Value Optimization for Project and Performance Management provides a link to a free software demo for you to get started in applying value optimization in your own organization. (PMI is a registered mark of Project Management Institute, Inc.)
Preface ix About the Cover xiii Acknowledgments xv CHAPTER 1 Introduction 1 Today s Challenges 2 Value Methodology 4 Why Use Value Methodology? 5 Project Management and Value Methodology 7 Value Methodology and Teamwork 8 History of Value Methodology 10 SAVE International 13 Current VM Applications 14 Summary 19 CHAPTER 2 Value 21 The Concept of Value 22 Value Theory 24 Reasons for Poor Value 36 Summary 46 CHAPTER 3 Value Methodology Job Plan 47 The Value Methodology Job Plan 48 Value Metrics 56 Summary 58 CHAPTER 4 Preparation 59 Preparation Phase 60 The Value Team 78 Summary 79 Appendix 4A: Case Study 80 CHAPTER 5 Information 87 Information Phase 88 Gather and Analyze Project Scope Information 89 Gather and Analyze Project Schedule Information 91 Gather and Analyze Project Cost Information 94 Life Cycle Costing 99 Gather and Analyze Project Risk Information 108 Conduct Value Study Kick-Off Meeting 111 Conduct Site Visit 130 Summary 130 Appendix 5A: Case Study 131 CHAPTER 6 Function 145 Function Phase 146 Defining Functions 146 Classifying Functions 150 Evaluating Functions 155 Summary 179 Appendix 6A: Case Study 180 CHAPTER 7 Speculation 183 Speculation Phase 184 Creativity 184 Roadblocks to Creativity 186 Creativity Techniques 191 Summary 196 Appendix 7A: Case Study 198 CHAPTER 8 Evaluation 199 Evaluation Phase 200 The Evaluation Process 200 Evaluation Techniques 207 Selecting Ideas for Development 211 Summary 213 Appendix 8A: Case Study 213 CHAPTER 9 Development 217 Development Phase 218 Develop Value Alternatives 218 Review Value Alternatives 232 Summary 233 Appendix 9A: Case Study 233 CHAPTER 10 Presentation 247 Presentation Phase 248 Selling Change 248 Assess Value Value Metrics 251 Conduct Exit Briefing 256 Prepare and Submit Value Study Report 260 Summary 260 Appendix 10A: Case Study 261 CHAPTER 11 Implementation 269 Implementation Phase 270 Managing Change 270 Review and Assess Value Alternatives 273 Resolve Value Alternatives 274 Develop Implementation Plan 277 Track and Audit Results 278 Summary 278 Appendix 11A: Case Study 279 CHAPTER 12 Value Leadership 281 Value Leadership 282 Characteristics of Value Specialists 291 Value Methodology Professionals 293 Professional Standards of Conduct 295 Summary 296 Notes 299 Suggested Reading 305 About the Author 307 Index 309
Accessing your eBook through Kortext
Once purchased, you can view your eBook through the Kortext app, available to download for Windows, Android and iOS devices. Once you have downloaded the app, your eBook will be available on your Kortext digital bookshelf and can even be downloaded to view offline anytime, anywhere, helping you learn without limits.
In addition, you'll have access to Kortext's smart study tools including highlighting, notetaking, copy and paste, and easy reference export.
To download the Kortext app, head to your device's app store or visit https://app.kortext.com to sign up and read through your browser.
NB: eBook is only available for a single-user licence (i.e. not for multiple / networked users).
