The Institute accredits Ordinary Members based on their knowledge and experience in value management and its application under three main categories:

1. Value Management Study Facilitators
2. Value Analysts
3. Value Management Trainers.

The base levels of knowledge and experience necessary for Ordinary Membership are shown below.

Knowledge and Experience Requirements for Ordinary and Accredited Members

Explanatory Notes

    1. Where the Institute requires candidates to demonstrate knowledge, understanding, experience and evidence of successful course-completion, such demonstration will normally comprise a combination of documentary evidence, personal references and a professional interview (in person or via videoconference) by a panel of members established by the Board.
    2. Lists of required learning outcomes are provided on the Membership page to enable assessment of courses suitable for particular classes of membership
    3. A current list of courses that are recognised by the Institute is provided separately.
    4. The desired learning outcomes defined by the Institute are not intended to dictate detailed curricula or methods of teaching: rather, they are provided as a guide to the outcomes expected from courses deemed acceptable to the Institute. The Institute recognises that there are many ways in which a particular set of learning outcomes may be attained.

Accredited Members generally

Accredited members are required to have satisfied all requirements for Ordinary Membership and to additionally demonstrate they have met all further requirements of the Institute for accreditation as a Value Management Study Facilitator, Value Analyst, or Value Management Trainer.

Accredited Value Management Study Facilitators

Applicants for accreditation as Value Management Study Facilitators must demonstrate that they have:

  • facilitation knowledge, skills and experience that is acceptable to the Institute for the purpose of conducting value management studies; or
  • independently developed knowledge and skills equivalent to the learning outcomes of a course of study in group facilitation acceptable to the Institute; and
  • personally facilitated at least three Value Management Studies in accordance with AS4183:2007 or an equivalent national standard recognised by the Institute, within the preceding two years.

Accredited Value Analysts

Applicants for accreditation as Value Analysts must demonstrate that they have:

  • personally applied the principles and practices of value management in the role of Value Analyst to at least ten situations (which may be projects, problems or procurement activities) in accordance with AS4183:2007 as part of their day-to-day work over at least two years.

Accredited Value Management Trainers

Applicants for accreditation as Value Management Trainers of  value management, Value Management Study Facilitators or Value Analysts must demonstrate they have:

  • an extensive working knowledge and experience in the application of AS4183:2007, and
  • successfully completed a course which the Institute accepts would equip them to teach and train groups of adult students, or
  • independently developed knowledge and skills at least equivalent to a Train the Trainer program delivered by a Registered Training Organisation.

Pathways to accreditation

There are a number of pathways to IVMA accreditation:
1. completion of courses accredited by IVMA (see Education and Training page) plus demonstrated relevant experience
2. completion of courses delivered by other organisations that are recognised by IVMA plus demonstrated relevant experience
3. extensive prior learning, exposure, experience or practice that meets IVMA’s learning outcomes.

To download a Membership Application Pack, click here