WHY DOES THE IVMA EXIST?

i. To help everyone achieve best value for money.
ii. To apply and protect the Australian Standard for the application of Value Management.
iii. To promote the benefits of the Value Management process in pursuing best value for money.
iv. To support and foster an accredited group of professional Value Management practitioners working to the Australian Standard

WHAT ARE IVMA'S VALUES?

In everything it does the IVMA espouses and encourages its members to embrace the following values:

  • Rigour
  • Collaboration
  • Choice
  • Integrity

 

WHY IS IMPROVING VALUE FOR MONEY IMPORTANT?

Because;
1) Everybody wants more – better results & better outcomes - from the consumer to producer
2) Resources are finite & waste levels are too high
3) Understanding value for money helps make hard choices easier, and enables involvement and understanding in decision making - especially for groups
4) Introducing more science and less art into value for money judgments, through the Value Management process, also helps everyone’s understanding and leads to better purchase decisions
5) Major projects often blow-out in time & money , disappointing stakeholders
6) Australia has to improve its national productivity & competitiveness