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Value Management & Whole Life Costing Training Courses Introduction

Welcome to the Value Solutions Ltd Value Management and Whole Life Costing training and course portal, hosting a number of eLearning modules. At present there are three courses available.

Foundation Course in Value Management

The eLearning Value Management Foundation Course (in collaboration with Cyril Sweett and Impart Links) forms the first part of the Institute of Value Managements (IVM) requirements for becoming a Professional in Value Management (PVM). Learning objectives are as follows.

At the conclusion of the course, participants should be able to:

  • Fully participate in a Value Management study.
  • Critically evaluate a study’s performance and results as part of a learning process.
  • Identify areas of personal knowledge deficiency and plan corrective action.

Further learning objectives encompass:

  • Human dynamics and team-working.
  • Stakeholder management and communications.
  • Value Management project initiation.
  • Value Management methodology and standards.
  • Value Management project participation.
  • Value Management culture and its development.

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Value Management for Project Managers Foundation Course

The eLearning Value Management for Project Managers Foundation Course is tailored specifically to Project Management professionals wishing to utilise Value Management in order to maximise the performance and effectiveness of projects. In addition, the course forms the first part of the Institute of Value Managements requirements for becoming a Professional in Value Management (PVM). Learning objectives are as follows, in addition to the Foundation Course in Value Management:

  • Application of Value Management autonomously (i.e. as an individual) as opposed to workshop application.
  • Applying Value Management as an integral support tool of Risk Management.

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Whole Life Costing Course

The Whole Life Costing Course is offered in partnership with the Society of Construction & Quantity Surveyors (SCQS) and Axoss Ltd. The course is tailored for those needing an introduction to the principles of whole life costing. The 10 part programme is carefully compiled for easy learning with questions and answers at appropriate stages. At the end of the course you will be able to:

  • Define whole life costing.
  • Understand the principle of present value.
  • Understand the principles of discounting.
  • Understand the importance of the study period and the time zero base date for the whole life cost calculation.
  • Structure the problem and manually construct a simple option appraisal model.
  • Structure the problem and construct a comprehensive and complex option appraisal model using the SCQS online Whole Life Costing Service.
  • Appreciate the sources of data for whole life costing.
  • Be able to conduct sensitivity analyses.
  • Be able to use the measures of economic performance in option appraisal. 

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Further Information

For further information please visit the Value Solutions Ltd or the wholelifecosting.co.uk website. Alternatively, please feel free to e-mail us at: info@value-solutions.co.uk