What is Management of Value (MoV®)?
Management of Value (MoV®) is part of the Global Best Practice portfolio owned by AXELOS Ltd.
There has probably never been greater pressure on individuals and organisations, in both public and private sectors, to do more and more with less and less. For all organisations, finding the resources to meet essential and, often, escalating demands is putting unprecedented pressure on product and service quality. There is clear need for a way to match what is delivered with the available resources, without undermining essential quality of the outputs and to be able to demonstrate clearly that the decisions taken will maximise value.
Management of Value (MoV®) has evolved from the tried and successful practice of value management across many sectors and over many years and it fully aligns with other established methods from the AXELOS portfolio. The guidance describes methods that are not new, but their use is often overlooked or misapplied.
The guidance is intended to help organisations use a successful, proven methodology to supplement their current management practices, so that they can increase the value they deliver and make better use of resources.