Summary

Value Delivery Management is a new, simpler approach to project delivery. Yet, while many people talk about project ‘value’ and its delivery, few know what this means, how to do it and how it changes how you think about, plan and deliver projects. This Guide serves as a simple but essential introduction to the whole concept of Value Delivery Management. It quickly explains to you what Value Delivery Management is, its dimensions and its implications on standard project delivery management — which processes change, how and why.

This is an essential guide for anyone with the slightest concern about the cost, success or value of their projects. This is the future.

This guide takes Value Delivery Management (VDM) from a concept into reality. It gives you a basis for discussing the need for Value Delivery Management and how it will impact your organization PLUS it gives you a “Where to start” approach so you can demonstrate the differences VDM makes to projects. Seeing is believing. Equipped with this knowledge you can get going immediately on increasing the value of your projects and portfolio (using the tools referenced in this Guide).

This “Understanding …” Guide acts an essential ‘primer’ for

1. anyone looking to increase the value of their projects — this Guides tells you what needs to change
2. those concerned with their current project delivery approaches — this Guide shows where the improvements need to be made
3. and those planning an organizational project delivery capability uplift program — this Guide explains what needs to be done.

Benefits

This Guide will give you

1. a game plan for moving from standard project to simpler value delivery management
2. an understanding of why your projects don’t deliver value today
3. an understanding of how ‘standard processes’ don’t deliver business value
4. an understanding of how projects should be run
5. the opportunity to make your project delivery capability a competitive edge.

Who should read

This Guide is designed for

1. Project Investment Committees and other interested executives
2. PMOs
3. Those responsible for project methodologies and capability uplift programs (eg CIOs)
4. Consultants — internal and external
5. Auditors
6. Project practitioners.

Contents

1. Value Delivery Management
2. Understanding Value Loss
3. The Characteristics of a Value-Focused Project
4. Understanding ‘Desired business outcomes’ — the key area of focus
5. Value Delivery Management’s Impact on Success Measures
6. Value Delivery Management’s Impact on Scope Management
7. Value Delivery Management’s Impact on Prioritisation
8. Value Delivery Management’s Impact on the Value Proposition (Business case)
9. Value Delivery Management’s Impact on Benefits
10. Value Delivery Management’s Impact on Financials Management
11. Value Delivery Management’s Impact on Risk Management
12. Value Delivery Management’s Impact on Governance
13. Value Delivery Management’s Impact on Business Leadership
14. Value Delivery Management’s Impact on Change Management
15. Value Delivery Management’s Impact on Portfolio Management
16. Value Delivery Management’s Impact on Project Health Diagnostics
17. Value Delivery Management’s Impact on Project Alignment Management
18. Understanding where to start Value Delivery Management

Each topic refers to further sources of information where you can access more in-depth knowledge or take action using the relevant “How to …” tools and Guides.

Bonus

The Value Management Story
How the nature and content of VDM was progressively discovered, proven and delivered. Shows how VDM was developed over 19 years based on comprehensive research into the drivers and destroyers of value.