VALUE MANAGEMENT—A STANDARDISATION INSIGHT
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Abstract
Value Management, a methodology with maturity and much disseminated worldwide, it's characterized by being very versatile and having various applications. In Europe, this methodology is available in the European standardization system through the Value Management standard and the respective support standards.
The purpose of this article is to highlight the main approaches, benefits, applications and methods, and tools so that professionals and students can obtain an overview of Value Management. To this aim, an analysis of this management system was conducted, highlighting some recognized and tested tools and methods.
Despite the long-standing interest in this subject, Value Management is nowadays more relevant. This methodology allows organizations to adapt to the current context of unpredictability, scarcity of raw materials and increase in prices, ensuring the development of innovative solutions, reinventing and transforming the existing solutions.
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