cost, could lead to a better return on investment by group of criteria and taking decisions as to the relative priority of each criterion. There is a range of evaluation tools to assist this process, appropriate to the situation. For example, Evaluation Matrices may be used to determine the relative priorities of a list of objectives or project criteria , These matrices are especially beneficial when considering issues and/or objectives at the earliest stages of project development (Graham et.al. , (2006 )
And also this phase aim to discard ideas that might lead to additional re-design or to a disruption of the program. and also time is considered very important element , it may be too late in the development process to implement change …show more content…
This may include preparing detailed drawings and cost estimates. Part of this process may continue after the Value Study is …show more content…
Report preparation and review phase
2. Implementation phase
3. Follow up phase
In the implementation phase a plan must be devised by the client’s project manager or another representative to overcome the hindrances to the effective implementation of proposals that can benefit the project.
Interim Report and Final Report should be addressed in the Value Study Report irrespective of whether or not a follow-up session is undertaken.
1. Interim report
Green and Liu,( 2006) The Value Study Team should provide an interim report approximately two weeks after the Value Study Workshop to provide Action Plan nominees with a rationale of key issues. This assists with the resolution of Action Plan issues. The report content should include:
a. value Study findings
b. project rationale and objectives
c. précis of the project scope
d. précis of the Value Study scope
e. summary outline of key functions, with “system” implications
f. description of value improvement options, together with a description of rationale and/or implications
g. outline of the Action Plan
h. appendices incorporating papers presented to the Value Study by participants and
And also this phase aim to discard ideas that might lead to additional re-design or to a disruption of the program. and also time is considered very important element , it may be too late in the development process to implement change …show more content…
This may include preparing detailed drawings and cost estimates. Part of this process may continue after the Value Study is …show more content…
Report preparation and review phase
2. Implementation phase
3. Follow up phase
In the implementation phase a plan must be devised by the client’s project manager or another representative to overcome the hindrances to the effective implementation of proposals that can benefit the project.
Interim Report and Final Report should be addressed in the Value Study Report irrespective of whether or not a follow-up session is undertaken.
1. Interim report
Green and Liu,( 2006) The Value Study Team should provide an interim report approximately two weeks after the Value Study Workshop to provide Action Plan nominees with a rationale of key issues. This assists with the resolution of Action Plan issues. The report content should include:
a. value Study findings
b. project rationale and objectives
c. précis of the project scope
d. précis of the Value Study scope
e. summary outline of key functions, with “system” implications
f. description of value improvement options, together with a description of rationale and/or implications
g. outline of the Action Plan
h. appendices incorporating papers presented to the Value Study by participants and