BS EN 12973:2020,Value Management (British Standard).The size of this document is 3.39M.
The aim of this standard is to present, define and explain Value Management and provide guidance for the introduction of the basic concepts, approaches, essential principles, drivers (levers),methods and tools for effective Value Management.
BS EN 12973:2020 sets out guidance on the essential elements of Value Management, which improve value,competitiveness and performance for an organization and support leadership, cross-disciplinary work and operational management.
BS EN 12973:2020 includes guidance for:
— successful Value Management;
— improving the contributions which Value Management can make for an organization;
— making sustainable decisions not only about environmental resources and responsibilities, but also regarding social, and economic well-being of communities and financial performance of the organization; and
— balancing and aligning the needs of customers and users of a product and other stakeholders with an interest in or influence on a product.