For best results Mott MacDonald’s experienced consultants perform
formal value management studies throughout the project life-cycle
through conception, feasibility, outline design, detail design,
procurement, delivery, implementation and operation stages. Our
experience has shown that the earlier cost and value management
activities are applied in the project lifecycle, the greater the
savings that can be made.
Mott MacDonald's consultants apply cost and value management as an
iterative process. We believe that effective team working is
essential for a successful outcome and ensure that we build
proactive relationships with our customers, their representatives
and all other key stakeholders.
Examples of the tools and techniques that we use as part of the
cost and value management process include:
- stakeholder analysis
- project driver analysis
- time, cost, quality analysis
- function analysis
- user flow analysis
- lifecycle costing
- lessons learned analysis
“a well run cost and value management workshop provides the
inspiration for innovation”
A common understanding of project objectives, priorities and
selection of the best value for money solutions results from using
a formal structured cost and value management workshop process.
These workshops, run by our professionals:
- confirm the required investment benefits and determine what
value means
- identify value opportunities
- evaluate and select the best value opportunities
- develop outline value solutions
- develop action plans
Our five phase workshop process is consistent with the approach of
the European Standard BS-EN 12973:2000, ‘Value Management Practical
Guidance to its Use and Content’ and reflects latest best practice
guidelines.
Graham Orsbourn, lead project delivery manager for Network Rail
Major Stations, describes the benefits derived from one of our cost
and value management studies:
“At Victoria Station we wished to create a world-class
service centre comparable with anything to be found in other major
stations and airports throughout the world. Value management
techniques employed in the early design stages enabled us to focus
our minds on finding value-for-money solutions matching our own
strategic objectives and value criteria.”
If you would like to find out more about our approach, please
click
here to contact us.
