The management of value, also known as MOV training
being about the essential and the most effective use of all the
resources to increase the benefits from the portfolios, programmes and
projects. This training is a combination of several set of principles,
processes and techniques.
This training proposes an exact description of the value that holds
of the monetary as well as non monetary benefits. Additionally, it
supports the fact that the subjectivity of the value will enhance the
importance of it to be actively managed.
It brings about an evolved method that is supported by several
techniques for effectively distributing the fewer funds available. This
training has been established as a value management across many
sectors now. Although there are times when the applications and the
uses of these methods and techniques are over looked and also
incorrectly applied, the methods continue to remain as relevant as
always.
This training guide is comprised of the following basic concepts:
- Principles:
These are the compiled theories and principles that have been tried and tested for a very long time (over 50 years).
- Processes and Techniques:
These are the methods that are used in the application of MoV. The techniques offer a practical understanding of the concepts.
- Approach:
The basic approach that teaches how to apply MoV to various portfolios programmes as well as projects.
- Environment:
This reacts to the external as well as internal influences.
Moreover, this guide also entails the information on how to
incorporate the principles and practices of MoV into any organisation.
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