LEARNING OUTCOMES ACCEPTED BY THE INSTITUTE

1. VALUE MANAGEMENT LEARNING OUTCOMES
(Note: these learning outcomes are provided to assist the Board in determining whether or not a particular course of study should be accepted)

IVMA-approved courses should enable students to gain knowledge and understanding of the following:

  • Principles and practices of Value Management
  • The Australian Standard on Value Management (AS 4183-2007)
  • Concepts of value, function and purpose
  • Critical success factors of Value Management
  • Management of the overall Value Management process
  • Historical aspects of Value Analysis, Value Engineering and Value Management
  • Potential applications of Value Management including:
    • Different Value Management approaches to strategic planning, conceptual planning, project initiation, design development and construction
    • Different types of problem situations and the need for particular Value Management responses
  • Value Management workshop structure
  • Methods of function and purpose analysis
  • Various ways in which Value Management can be applied including:
    • Desk top practices in the normal course of day to day work 
    • Formal workshops which may take the form of a single workshop in which all parts of the prescribed work plan are covered in a single event; several short workshops conducted in series, progressively covering all parts of the prescribed work plan; or some other format that addresses AS4183:2007 in part or whole.
  • Relationships between Value Management and other areas such as risk management, continuous improvement and project management skills

 

 2. GROUP FACILITATION LEARNING OUTCOMES
(Note: these learning outcomes are provided to assist the Board in determining whether or not a particular course of study should be accepted).
IVMA-approved courses in group facilitation should enable students to gain knowledge and understanding of the following:

  • Facilitation principles and processes
  • Group facilitation and roles of the facilitator
  • Group dynamics and behaviour as well as the advantages of working in groups
  • Factors that make groups more effective
  • The essential role that group-facilitation plays in the Value Management workshop-process including:
    • Preparing and following a structured workshop process
    • Facilitating each part of the Value Management prescribed work plan
    • Open and close workshops and individual phases of workshops
    • Describing, recognising and responding to various group dynamics
    • Managing difficult situations and behaviours
    • Asking probing questions
    • Motivating participants
    • Recognising and managing “Group Think”
    • Recognising the importance of Emotional Intelligence
    • Listening actively and empathising with participants
    • Using media effectively

 

Courses in Value Management and the course providers endorsed by the Institute

Currently the Institute has two endorsed courses which are delivered by accredited members. The companies and courses offered are:

Advanced Value Management Systems Pty Ltd (AVMS) offers its “Value Management Training Course” comprising four modules designated VMTA1, VMFA1, VMTB1 and VMFB1.

AVMS may be contacted as follows: 29 Cabana Boulevard, Benowa, Qld 4217 e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. tel: (07) 5539 3882
The contact officer is Mr David Baguley, Principal Consultant, mob: 0411 470 947

Australian Centre for Value Management Pty Ltd (ACVM) offers its “Value Management Professional Program” comprising two units designated Unit 1: VM Principles and Practice and Unit 2: VM Facilitation.

ACVM may be contacted as follows: 55 Albion Street, Surry Hills NSW 2010 e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. tel: (02) 9211 6488
The contact officer is Mr David Gunning, Business Manager, mob: 0411 464 257