Better delivery-systems through Value Management in Malaysia (Mohammed Mazlan Che Mat)
Value Management, Value Engineering: a rigorous and systematic approach assists stakeholders determining and validating the right scope, the appropriate budget and other parameters.
Providing systematic, transparent and strategic devilery of projects and programmes in adherence to the organisational goals , vision, mission and objectives.
The fundamental contribution by the Value Management is to eliminate unnecessary costs, which does not contribute to the value of the Assets. VM generates these cost and value improvements without sacrificing the needed performance levels.
Conventionally, there seems to be fragmented efforts by the Stakeholders and tend to work in “Silos”. The VM provides a very effective tool to integrate these diverse disciplines and parties to work on common understandings and goals by adopting a very structured methodology. This enhance better delivery system.