What is Value Management?

Value Management (VM) is a structured, creative, and team-based methodology designed to optimise value in products, services, projects, processes, and organisations. VM is defined in BS EN 12973:2020 (Framework), BS EN 17952:2024 (Function Analysis) and other standards.

VM focuses on achieving the optimum balance between function, performance, quality, safety, risk, and cost. Striking this balance ensures that value is maximised.

Where VM is Applied

  • Widely used across industry, public, and not-for-profit sectors.
  • Involves facilitated team working and encourages innovation.
  • Typically delivers a return on investment (ROI) ranging from 10:1 to 100:1+

Key Features of VM

  • VM is a globally recognised professional discipline, supported by dedicated institutions (such as the Institute of Value Management, UK) and an established framework of professional qualifications:
    • Qualified Value Associate (QVA)
    • Professional in Value Management (PVM)
    • Trainer in Value Management (TVM)
  • Best Practice VM (BP-VM) is achieved when:
    • A range of VM methods, aligned with BS EN 12973:2020, BS EN 17952:2024 and related standards, are applied.
    • These methods are delivered by Professionals in Value Management (PVMs), qualified under the Value for Europe Training and Certification System (V4E-TCS), with proven experience in practice.
  • VM applies a Function Thinking mindset to:
    • Define clear objectives.
    • Enhance individual and organisational performance.
    • Deliver measurable returns on investment.
    • Ensure real, sustainable value is achieved.

VM Courses

We deliver a rolling programme of IVM approved VM1, VM2 & VM3 courses under Value for Europe throughout the year:

VM1: Approved Course in Value Management

VM2: Approved Course in Value Management

VM3: Approved Course in Value Management

Please contact Laura Robertson for the latest course dates.

We are practising value practitioners and facilitators and use the techniques and frameworks covered on the course in our everyday client work. This means they are tried and tested and we have many real world examples to share with participants. See below for the structure of Value for Europe VM courses and qualifications (click here).

VM training programme structure

The VM1, VM2 and VM3 courses enable participants to work towards the Qualified Value Associate (QVA) and Professional in Value Management (PVM) professional qualifications under the Value For Europe Training and Certification System, see below:

Course fees

Each of the VM1, VM2 & VM3 courses costs £1,500 + VAT per participant. We can also run the courses in-house.

Please contact Laura Robertson for more information.