Value and Risk Management Assignament
1.0 Executive Summary
This report is aimed primarily on the “Strategic Value Management” phase. This means the stages from developing the strategic brief to the decision to build to development of the project brief. SBE innovations Ltd (a Partnership formed between a private developer Arch Group Ltd and public sector local authority Cheddar City Council) desires to deal with their new development by building a mixed-use recreation and commercial centre. At the time of study the project was still in a very early stage and not commitments or decisions on the brief or project design had been made. The goal of this Value Management and Value engineering study is to develop the project brief by identifying the clients values and needs with respect to considering end users requirements and in so doing confirm that the decision to build was the correct one. After finalizing the brief the team looked at the project in terms of providing value for money. Information was gathered by personal interviews and questionnaires sent to suppliers, major clients, internal and external stakeholders prior to the study workshop. The brief was developed during the workshop and the team dealt successfully with both constraints and opportunities. Consolidating the common interest of the joint venture partners by providing health and quality of life for the citizens and achieving good finical returns on the investment. The cost models were kept to budget while not compromising on the quality or the value system of the client while effectively enhancing the overall image of the company. The recommendation was to proceed with planning and build within the timeframe. 2.0 Introduction
We, VRM Consultants Ltd a professional Value Management Consultants company, who specialize in providing Value Analysis (Value management and value Engineering) services to our clients on their chosen developments, we can assure our clients, SBE innovations Ltd, that this commissioned report will not
This report is aimed primarily on the “Strategic Value Management” phase. This means the stages from developing the strategic brief to the decision to build to development of the project brief. SBE innovations Ltd (a Partnership formed between a private developer Arch Group Ltd and public sector local authority Cheddar City Council) desires to deal with their new development by building a mixed-use recreation and commercial centre. At the time of study the project was still in a very early stage and not commitments or decisions on the brief or project design had been made. The goal of this Value Management and Value engineering study is to develop the project brief by identifying the clients values and needs with respect to considering end users requirements and in so doing confirm that the decision to build was the correct one. After finalizing the brief the team looked at the project in terms of providing value for money. Information was gathered by personal interviews and questionnaires sent to suppliers, major clients, internal and external stakeholders prior to the study workshop. The brief was developed during the workshop and the team dealt successfully with both constraints and opportunities. Consolidating the common interest of the joint venture partners by providing health and quality of life for the citizens and achieving good finical returns on the investment. The cost models were kept to budget while not compromising on the quality or the value system of the client while effectively enhancing the overall image of the company. The recommendation was to proceed with planning and build within the timeframe. 2.0 Introduction
We, VRM Consultants Ltd a professional Value Management Consultants company, who specialize in providing Value Analysis (Value management and value Engineering) services to our clients on their chosen developments, we can assure our clients, SBE innovations Ltd, that this commissioned report will not