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; and
3. Value Management Trainers

The base levels of knowledge and experience are necessary for Ordinary Membership and so these are also 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, by Skype or teleconference) by a panel of members established by the Board.
    2. Lists of required learning outcomes are provided separately by the Institute 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.

Applicants for Accreditation as Value Management Study Facilitators must demonstrate that, in addition to satisfying all requirements for Ordinary Membership, they have:

Ordinary Members

Ordinary Members are required to demonstrate they have:

  • a clear understanding of the Australian Standard for Value Management, AS4183:2007; AND
  • successfully completed a course of study in Value Management, the details and learning outcomes of which are acceptable to the Institute; OR
  • independently developed knowledge and skills equivalent to the learning outcomes of a course of study in Value Management acceptable to the Institute.

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 , as the case may be.

Additional requirements for Accredited Value Management Study Facilitators
Applicants for Accreditation as Value Management Study Facilitators must demonstrate that, in addition to satisfying all requirements for Ordinary Membership, they have

  • facilitation, that is acceptable to the Institute for the purpose of preparing Value Management facilitators; 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 (3) Value Management Studies in accordance with AS4183:2007 or a current, equivalent, known national standard acknowledged by the Institute, within the preceding two years.

Additional requirements for Accredited Value Analysts
Applicants for Accreditation as Value Analysts must demonstrate that, in addition to satisfying all requirements for Ordinary Membership, 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 situations) in accordance with AS4183:2007 as part of their day to day work over the preceding two years.

Additional requirements for Accredited Value Management Trainers 
Applicants for Accreditation as Value Management Trainers of Value Management, Value Management Study Facilitators or Value Analysts must demonstrate that, in addition to satisfying all requirements for Ordinary Membership, 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.

To download a Membership Application Pack, click here