Management of Value (MoV) Practitioner 2 Days Virtual Live Training in Stockholm

ProvinceStockholms län (110)

Course Description: This 2-day interactive MoV Practitioner course provides a modular and case-study-driven approach to learning Management of Value (MoV). The core knowledge is structured and comprehensive; and well-rounded modules cover the methodology and various techniques. A case study is used to help appreciate the relevance of MoV in its practical application. Course Topics: ●      Function Analysis ●      Customer FAST Diagram ●      Value Tree Development ●      Weighting Attributes ●      Paired Comparisons ●      Developing a Value Profile ●      Developing a Value Index ●      Value for Money Ratio ●      Stimulating Innovation ●      Value Engineering ●      Option Evaluation and Selection ●      Evaluation Matrix ●      Value and Value for Money ●      Timing and Planning ●      Teams and Stakeholders ●      MoV in the Organization ●      Integrating with Best Management Practice ●      Relationship between Process and Approach Learning Goals: ●      Apply Management of Value (MoV) principles, processes and techniques, and advocate the benefits of this application appropriately to the senior Management.
●      Develop a plan of MoV activities for the whole lifecycle of small and large projects and programs. ●      Plan an MoV study, tailoring it to particular projects or programs and developing practical study or workshop handbooks as required. ●      Understand and articulate value in relation to organizational objectives. ●      Prioritize value drivers using function analysis and use these to demonstrate how value might be improved. ●      Quantify monetary and non���monetary value using the Value Index, Value Metrics and the Value for Money ratio. ●      Describe and comment on the application of various techniques relevant to MoV. ●      Monitor improvements in value realized throughout a project lifecycle and capture learning which can be transferred to future projects.
●      Offer suggestions and guidance about embedding MoV into an organization, including policy issues, undertake a health check, assess maturity and competence, and provide guidance on typical roles and responsibilities. ●      Understand and articulate the use of MoV within other Best Management Practice methods and its contributions to them. Course Agenda: Day 1 ●      MoV practical exercises ●      Recap Day 1 Day 2 ●      MoV practical exercises ctn. ●      MoV discussion topics ●      Recap Day 2 Who can Attend? The course will be of benefit to all levels of management including:   ●      Corporate Managers – responsible for instigating MoV studies with a view to starting new programmes or projects ●      Programme Managers – responsible for making sure programmes deliver the best value solutions taking into account the views of the stakeholders ●      Project Managers – responsible for delivering products from their projects that represent the best value for money solutions ●      Operational Managers – responsible for undertaking MoV studies to assist in reviewing operational procedures and improving efficiency ●      All other personnel who have an interest or responsibility for Management of Value within their organisation  

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