7Case Studies

7.1 Case Studies

Introduction

The nine case studies described in this chapter are representative of several hundred value studies undertaken by the authors as Value Study Leaders (VSLs). The value studies were carried out over a number of years and have been chosen as illustrative of a number of value study styles. The case study descriptions incorporate the three phases of a value study: the Orientation and Diagnostics phase, the Value Workshop phase and the Implementation phase; however, their deployment varies across the different case studies presented in the chapter.

In this chapter, a project is defined as encompassing the process to deliver an investment into a physical asset as a corporate resource. A common format has been adopted for the case studies. It has been adapted from that used by the OGC (2007) publication on value management (VM). The case studies cover the following:

  • A description of the project/process. This includes some of the work undertaken during the Orientation and Diagnostics phase.
  • The design of the value study. This is carried out in the Orientation and Diagnostics phase and incorporates the tools and techniques adopted in the value study. This will cover those initially planned during the Orientation and Diagnostics phase and also used during the Value Workshop phase.
  • The use of function analysis in the value study. This will cover how it was initially planned during the Orientation and Diagnostics phase and delivered subsequently ...

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