Project Value Management (PVM) is a concept that began life with General Electric during World War Two when there was a shortage of labour, materials and component parts. This caused the company to find cheaper local substitutes that would do the job. In many instances it was found that the use of alternatives reduced costs and improved project and product performance. Thus, what was an accident of necessity has become a recognised strategy.
PVM advocates the use of group-based facilitated workshops to obtain ideas to improve project value. These one or two-day workshops involve a multidisciplinary group lead by a professional facilitator. It is anticipated that the rebuild of Christchurch CBD and quake-proofing projects throughout New Zealand will benefit from early PVM intervention. PVM facilitators will be in demand. The attached white paper and Read More »
There is an ever-increasing awareness that best use of an organisation’s limited resources is achieved through effective project management under the stewardship of competent project managers.
Developing these competent project managers is our job at the New Zealand Institute of Management where some 200 students have now graduated with a Diploma in Project Management to become successful practitioners in this rapidly growing profession.
The value of this NZQA-approved level-5 qualification is becoming much better recognised and valued as our business world moves from a predominance of ‘accidental’ project managers towards ‘aspirational’ project managers – those who have deliberately chosen project management as their career option and expect to be professionally qualified.
An important reason for this training programme’s popularity and credibility is its immediate linkage to students’ work-based projects. After each classroom session, students are required to apply their learning to an actual … Read More »