Cost and Value Management in Projects

Cost and Value Management in Projects

This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.

Author: Ray R. Venkataraman

Publisher: John Wiley & Sons

ISBN: 9781118174180

Category: Technology & Engineering

Page: 304

View: 140

Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.
Categories: Technology & Engineering

Cost and Value Management in Projects

Cost and Value Management in Projects

This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.

Author: Ray R. Venkataraman

Publisher: Wiley

ISBN: 0470069139

Category: Technology & Engineering

Page: 304

View: 819

Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.
Categories: Technology & Engineering

Earned Value Project Management Fourth Edition

Earned Value Project Management   Fourth Edition

The authors cover both perceptions in this book, with a bias in favor of simple, broad-based EVM for use on all projects.

Author: Quentin W. Fleming

Publisher: Project Management Institute

ISBN: 9781935589419

Category: Business & Economics

Page: 231

View: 528

Organizations that follow the principles of good Earned Value Management (EVM) create an environment that allows teams to successfully operate and thrive — even in the face of challenges that could negatively impact their projects.Earned Value Project Management (EVPM) is a methodology used to measure and communicate the real physical progress of a project taking into account the work completed, the time taken and the costs incurred to complete that work. As a result, EVPM allows more educated and effective management decision-making, which helps evaluate and control project risk by measuring project progress in monetary terms.In the first two editions of Earned Value Project Management, Quentin W. Fleming and Joel M. Koppelman provided guidance for project management practitioners already familiar with EVPM, was well as those who were new to the use of this technique. The third edition expanded the information available on of EVPM for medium and smaller projects while still being relevant for larger projects. An important addition to Earned Value Project Management – Fourth Edition is the discussion of the two perceptions of the EVM concept. Both are valid, but one is better suited to the management of major projects while the other appropriate for use on all projects. The authors cover both perceptions in this book, with a bias in favor of simple, broad-based EVM for use on all projects.
Categories: Business & Economics

Value Management of Construction Projects

Value Management of Construction Projects

In this book the authors have addressed the practical opportunities and difficulties of Value Management by synthesising the background, international developments, benchmarking and their own extensive consultancy and action research ...

Author: John Kelly

Publisher: John Wiley & Sons

ISBN: 9781118355145

Category: Technology & Engineering

Page: 568

View: 225

Value Management is a philosophy, set of principles and a structured management methodology for improving organisational decision-making and value-for-money. The second edition builds on the success of the first edition by extending the integrated value philosophy, methodology and tool kit to describe the application of Value Management to the areas of service delivery, asset management, and, Programmes, in addition to Projects, products and processes. Value Management is a well-established methodology in the international construction industry, and in the UK has been endorsed as good practice in a range of government sponsored reports. In this book the authors have addressed the practical opportunities and difficulties of Value Management by synthesising the background, international developments, benchmarking and their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. The second edition retains the structure of the first edition, covering methods and practices, frameworks of value and the future of value management. It has been thoroughly updated, and a number of new chapters added to encapsulate further extensions to current theory and practice. In particular, the new edition responds to: A range of recent UK industry and government publications; and most notably BS EN 16271:2012 - Value management: Functional expression of the need and functional performance specification; the imminent update of BS EN 12973:2000 Value Management; BS EN 1325 Value Management – Vocabulary, Terms and definitions; the changes to "Value for Europe" governing the training and certification of Value Management in European Union countries; the UK Government’s Management of Value (MoV) initiative, together with other leading reports, international guidance and standards on Value Management. Research in Value Management undertaken since publication of the first edition. Changes in Value Management practice particularly in Programmes and Projects. Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realisation. Initiatives in asset management initiatives covering the management of physical infrastructure, for example the recent launch of a suite of three standards under the generic title of BS ISO 55000: 2014 Asset Management, and its predecessor BSI PAS55 2008 “Asset Management: Specification For The Optimized Management Of Physical Assets” The second edition contains a dedicated chapter of exemplar case studies drawn from the authors’ experience, selected to demonstrate the new areas of theory and practice. An Appendix includes an extensive set of tools and techniques of use in Value Management practice. Construction clients, including those in both the public and private sectors, and professionals such as construction cost consultants, quantity surveyors, architects, asset managers, construction engineers, and construction managers will all find Value Management of Construction Projects to be essential reading. It will also be of interest to researchers and students on construction related courses in Higher Education – particularly those at final year undergraduate and at Masters level.
Categories: Technology & Engineering

Value Management in Design and Construction

Value Management in Design and Construction

This book looks at the transfer and further development of value management procedures, as practised in North America, in a United Kingdom and Commonwealth construction industry context.

Author: John Kelly

Publisher: Routledge

ISBN: 9781135833640

Category: Architecture

Page: 196

View: 257

This book looks at the transfer and further development of value management procedures, as practised in North America, in a United Kingdom and Commonwealth construction industry context.
Categories: Architecture

Cost and Value Management

Cost and Value Management

This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.

Author: Jeffrey K. Pinto

Publisher:

ISBN: OCLC:729022934

Category:

Page:

View: 579

Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.
Categories:

Value Management

Value Management

This publication acts as a third-party facilitator helping both clients and providers improve VM. The text provides a comprehensive summary for those wishing to improve organisational Value Creation for all stakeholders and explains how to ...

Author: Roy M. Woodhead

Publisher: Thomas Telford

ISBN: 0727729896

Category: Technology & Engineering

Page: 98

View: 845

Value Management (VM), as a decision-making process, enables stakeholders to enhance the value provided by a project. While this often leads to cost savings, more importantly, it seeks to provide the best outcome for a project by considering a variety of assessment criteria. These assessment criteria allow customers and other stakeholders to recognise the project as 'preferable' to other alternatives. This report is one of the few to look at Value Management from the client's procurement prospective. Based on extensive empirical research over a period of one year in the UK, it examines why clients use Value Management, how they use it, and what benefits they achieve by applying it. This publication acts as a third-party facilitator helping both clients and providers improve VM. The text provides a comprehensive summary for those wishing to improve organisational Value Creation for all stakeholders and explains how to improve Value Management in a structured way to enhance competitive advantage.Value Management: improving capabilities provides a toolkit to help individual clients and their suppliers structure conversations from which both parties can agree 'what' and 'how' improvements can be made to their VM processes. By reading this report and then using the self-assessment and self-improvement sections, readers will be in a position to reap the benefits that Value Management can bring to their organisation and to its projects.
Categories: Technology & Engineering

Earned Value Management

Earned Value Management

Discover How to Get Project Performance, Costs and Schedule Under Control This book covers the basic concepts of EARNED VALUE MANAGEMENT in an easy understandable way, supported by many graphical illustrations.

Author: Roland Wanner

Publisher:

ISBN: 1500850233

Category:

Page: 148

View: 426

Discover How to Get Project Performance, Costs and Schedule Under Control This book covers the basic concepts of EARNED VALUE MANAGEMENT in an easy understandable way, supported by many graphical illustrations. Controlling and reporting of project costs, schedules, technical progress and risks receives an ever-increasing importance in project management. With Earned Value Management you receive a very effective tool, which brings the necessary transparency and security in your projects. Find out the answers to this difficult questions: My projects actual costs are lower than the planned costs. Does this mean that the project is working well or that it is behind schedule? My projects actual costs are higher than the planned cost and the project is half completed. How much does the project cost at project closure? Can we catch up with the current cost overrun or how much will these be at projects closure? When will we have completed the project? With the answers to these questions, you quickly find out the health of your project. Over-optimistic estimates regarding the actual project progress are quickly exposed by EVM performance figures. This way you obtain early warning signs in order to manage your project successfully. In this book, you discover the best project control method: The Genesis of Earned Value Management What is Earned Value Management and why do we need it? Project planning when using Earned Value Management The calculation of the Earned Value and its derived performance figures Project monitoring with EVM performance figures Project forecasts (final project costs, cost overrun, closure date) Earned Value Management reporting The terminology used in this book is identical to the PMBOK (r) Guide Fifth Edition 2013 of the PMI This book is an indispensable manual for beginners in the EVM topic but also for experienced Project Managers, Project Controls Specialists and Project Portfolio Managers who have the first contact with EVM
Categories:

Value Management in Construction and Real Estate

Value Management in Construction and Real Estate

This cutting edge study explores alternative methods and tools to obtain value for money while maintaining quality in construction projects, especially large and complex ones.

Author: Geoffrey Q. P. Shen

Publisher: Routledge

ISBN: 9781317527534

Category: Technology & Engineering

Page: 182

View: 410

This cutting edge study explores alternative methods and tools to obtain value for money while maintaining quality in construction projects, especially large and complex ones. Extensive references throughout will help the reader develop a deeper understanding of the methodology, and self-study questions help to keep you on track. Ideal as a reference for practitioners and the perfect intro for students of construction or real estate.
Categories: Technology & Engineering

Cost and Value Management in Projects

Cost and Value Management in Projects

This succinct and enlightening overview is a required reading for all those interested in the subject . We hope you find this book useful in shaping your future career & Business.

Author: Alex K. Saunders

Publisher: CreateSpace

ISBN: 1517036747

Category:

Page: 42

View: 755

This updated and expanded second edition of the Cost and Value Management in Projects provides a user-friendly introduction to the subject Taking a clear structural framework, it guides the reader through the subject's core elements. A flowing writing style combines with the use of illustrations and diagrams throughout the text to ensure the reader understands even the most complex of concepts. This succinct and enlightening overview is a required reading for all those interested in the subject . We hope you find this book useful in shaping your future career & Business.
Categories: