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SAVE International® Value Methodology - How It Adds Value and Enhances Ideas

lorenaflorian0
Mar 182 min read

The SAVE International Value Methodology (VM) is a structured approach used to optimise the value of a project, process, product, service, or organisation. It focuses on improving functionality while reducing costs and enhancing performance, quality, and innovation. VM is widely applied across industries, including construction, manufacturing, and business processes, to ensure that the best possible outcomes are achieved with available resources. The VM is practised by professionals in over 40 countries worldwide.



Value Methodology Process


VM follows a systematic Job Plan with six key phases:


1. Information Phase

  • Gather information.

  • Understand project objectives, constraints, and stakeholder needs.

  • Analyse cost, performance, and risk factors.

 

2. Function Analysis Phase

  • Define the primary and secondary functions of the subject.

  • Use a Function Analysis System Technique (FAST) diagram to explore relationships between functions.

 

3. Creativity and Idea Generation Phase

  • Brainstorm multiple ways to achieve required functions with better efficiency and cost-effectiveness.

  • Explore innovative and alternative solutions.

 

4. Idea Evaluation Phase

  • Assess ideas based on feasibility, risk, and impact on project goals.

  • Prioritise solutions that deliver the highest value.

  • Shortlist ideas to take to the next phase.

 


5. Idea Development Phase

  • Develop the best solutions into detailed action plans with cost-benefit analysis and lifecycle costing.

  • Define implementation strategies and integration into the project lifecycle.

 

6. Recommendation and Presentation Phase

  • Present recommendations to decision-makers and stakeholders.

  • Provide justifications for proposed improvements and their expected benefits.



How VM Adds Value


1. To a Project:

·     Enhances scope clarity and cost efficiency.

·     Identifies and eliminates unnecessary costs.

·     Improves scheduling, risk mitigation, and stakeholder alignment.

 

2. To a Process:

·     Streamlines workflows and removes inefficiencies.

·     Increases operational efficiency and productivity.

·     Reduces time and resource wastage.

 

3. To a Product:

·     Enhances functionality and user experience.

·     Reduces production costs without compromising quality.

·     Encourages design innovation and competitive differentiation.

 

4. To a Service:

·     Improves service delivery and customer satisfaction.

·     Reduces service delivery time and costs.

·     Enhances overall service efficiency and performance.

 

5. To an Organisation:

·     Aligns organisational goals with value-driven strategies.

·     Encourages a culture of continuous improvement and innovation.

·     Optimises resource allocation and financial performance.



Best way to Implement Value Methodology Job Plan


The most effective way to implement the Value Methodology Job Plan is through a structured workshop led by a Certified Value Specialist (CVS), ensuring the engagement of the right expertise for optimal results.


Conclusion


SAVE International’s Value Methodology provides a powerful framework for organisations and industries to maximise value while minimising costs and inefficiencies. By applying a structured, function-based approach, VM ensures that all aspects of a project, product, service, or organisation are optimised for performance, sustainability, and stakeholder satisfaction.




If you need to learn more about workshops, training, or certification related to Value Methodology, feel free to get in touch with us. We’d be happy to help you enhance your skills and understanding of this powerful approach. 💼💬




 




 
 
 

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