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Value Management

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Value Management

Value Management is about achieving and sustaining a desirable balance between the wants and needs of stakeholders and the resources needed to satisfy them. Stakeholder value judgements vary and Value Management techniques help to reconcile those differing priorities to deliver best value for all stakeholders.

 The benefits to your organisation of implementing Value Management are:

  • clearer objectives, more closely aligned with business needs;
  • client and user involvement to ensure optimum value;
  • better business decisions, made with a clear rationale;
  • added value with no loss of service or product function;
  • removal of unnecessary cost that adds nothing to what the customer or user wants;
  • improved understanding and ownership of outcomes;
  • improved team-working;
  • facilitation of innovation and creativity at all levels of your organisation;
  • delivery of innovative step changes in a short timescale;
  • improved performance;
  • long-term security due to better products and services in this highly competitive age;

Pharos Consulting helps you achieve these benefits through providing Value management services to facilitate these outcomes for your business or service at strategic, programme, project or product level.