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An Introduction to Value Assurance

An Introduction to Value Assurance PDF Author: Martyn R. Phillips
Publisher: Createspace Independent Publishing Platform
ISBN: 9781480011953
Category : Organizational effectiveness
Languages : en
Pages : 0

Book Description
Here is an easy-to-read and brief, yet very informative, guide to improving performance and outcomes for executives and senior managers. Value Assurance (VA) is an overarching, business and functional performance improvement process. It is particularly effective for guiding business change initiatives, such as new systems to increase performance, as well as complex capital endeavors that will bring about significant or rapid change. So often, many programs and major projects (including products, systems and services) have failed to produce their expected performance. This can be due to a combination of ill-defined expectations, flawed planning and absence of appropriate controls, along with shifting managerial direction and waning stakeholder support. Despite a whole array of available management processes, tools and techniques, there is a general need for better coordination of the use of the various, accepted approaches to program, project, risk and value management. VA is a navigational and decision-enabling aid that establishes strategic direction and optimizes use of corporate resources as well as maximizing performance gains, shareholder returns and wider stakeholder satisfaction. It ensures balanced solutions and is applicable to both "hard" and "soft" types of endeavours. VA provides an integrated approach to developing and controlling programs, projects, products, systems, or services. The process is applied for the entire duration of a program from inception, through development and installation, to operation and final disposition. This is accomplished particularly through better coordination of the use of various accepted methods such as program, project, risk and value management, as well as other related tools and techniques. VA guides the setting of realistic targets and focuses on aspects that are most worthwhile, especially in terms of time, resources and return on investment. It provides a pro-active, holistic and systematic way of guiding team consensus-building and driving best value, through an end-to-end program / project delivery, planning and assurance mechanism. Key components of VA are strategic alignment, concept engineering, risk management, decision analysis, stage readiness assessments, value profiling & indexing, value improvement, program/project assurance, change management and systems optimization, along with other management tools as appropriate. This booklet introduces a creative/opportunity-based approach derived by integrating various management methods. Its purpose is to inspire a pro-active, holistic and systematic way of group thinking for driving best value, - through an end-to-end program/project planning, delivery and assurance mechanism.

An Introduction to Value Assurance

An Introduction to Value Assurance PDF Author: Martyn R. Phillips
Publisher: Createspace Independent Publishing Platform
ISBN: 9781480011953
Category : Organizational effectiveness
Languages : en
Pages : 0

Book Description
Here is an easy-to-read and brief, yet very informative, guide to improving performance and outcomes for executives and senior managers. Value Assurance (VA) is an overarching, business and functional performance improvement process. It is particularly effective for guiding business change initiatives, such as new systems to increase performance, as well as complex capital endeavors that will bring about significant or rapid change. So often, many programs and major projects (including products, systems and services) have failed to produce their expected performance. This can be due to a combination of ill-defined expectations, flawed planning and absence of appropriate controls, along with shifting managerial direction and waning stakeholder support. Despite a whole array of available management processes, tools and techniques, there is a general need for better coordination of the use of the various, accepted approaches to program, project, risk and value management. VA is a navigational and decision-enabling aid that establishes strategic direction and optimizes use of corporate resources as well as maximizing performance gains, shareholder returns and wider stakeholder satisfaction. It ensures balanced solutions and is applicable to both "hard" and "soft" types of endeavours. VA provides an integrated approach to developing and controlling programs, projects, products, systems, or services. The process is applied for the entire duration of a program from inception, through development and installation, to operation and final disposition. This is accomplished particularly through better coordination of the use of various accepted methods such as program, project, risk and value management, as well as other related tools and techniques. VA guides the setting of realistic targets and focuses on aspects that are most worthwhile, especially in terms of time, resources and return on investment. It provides a pro-active, holistic and systematic way of guiding team consensus-building and driving best value, through an end-to-end program / project delivery, planning and assurance mechanism. Key components of VA are strategic alignment, concept engineering, risk management, decision analysis, stage readiness assessments, value profiling & indexing, value improvement, program/project assurance, change management and systems optimization, along with other management tools as appropriate. This booklet introduces a creative/opportunity-based approach derived by integrating various management methods. Its purpose is to inspire a pro-active, holistic and systematic way of group thinking for driving best value, - through an end-to-end program/project planning, delivery and assurance mechanism.

In Search of Value: Overview

In Search of Value: Overview PDF Author: Martyn Phillips
Publisher:
ISBN: 9781477553831
Category :
Languages : en
Pages : 234

Book Description
This book follows on from the executive-focused booklet "An Introduction to Value Assurance - A Guide to Driving Effective Programs, Projects, Products, Services and Systems". It is the first in the "Closing the Performance Gap" series and describes a holistic process for achieving successful programs, projects, services and products. The insightful series relates to portfolio, program and project leadership, stakeholder consensus-building, collaborative working, innovation, setting clear, tested direction, along with ensuring accountability and effective change management for sustainable results. Closing the performance/value gap successfully is not just a "quick fix", but it is attained through a continuous series of pre-emptive management actions that are conducted from end to end, i.e. throughout the life cycle -from the investment decision phase, through development and execution, to routine operation. Managing for best value is a lifestyle that should be embedded into the culture of any organization.The principles of value assurance (VA) apply to a wide range of programs and projects. The VA process is ideal for maximizing performance through identifying optimal concepts, driving out waste, building stakeholder consensus, improving timeframes, managing risk & value and responding to changing circumstances. The process creates powerful insights and steers undertakings toward better solutions in less time, with the optimal use of resources. It guides and ensures that developing solutions are appropriate and up-to-date for the portfolio, program, project, product, service or system needs. VA provides a time-saving, practical approach to ensuring successful development and improvement of programs, projects, products and services in any field. It is scalable to large, small, complex or simple undertakings. VA is particularly effective for guiding business change initiatives, such as new systems to increase performance, as well as complex capital endeavors that will bring about significant or rapid changeBy maximizing team performance along with project functionality and profitability, VA also "closes the performance gap" that can be left by other management processes. It is a holistic process applied over the whole program life. It provides both a forward-looking management framework and an on-going auditable trail of the basis of key decisions and changes. Value assurance can also be used to benchmark and to certify formally (for funding purposes) that best value is being provided. Also, risk (which may be present across the entire enterprise or within individual programs, projects and integrated supply chains) is managed at the appropriate comfort level for the organization, along with key stakeholder issues.The Overview book also introduces a training and coaching system which enables participants to: formulate strategy; identify, select and develop innovative options; implement winning, fast track solutions; enable business decisions by providing decision -makers with a sound basis for their choice; apply successful group problem-solving techniques across a range of applications in any organization; systematically ensure successful outcomes and improve return on investment. The Value Search series has an international flavour that provides a comprehensive, firm and timeless grounding in the basics of a number of program and project improvement approaches. The series does not advocate yet another specific methodology, but encapsulates clearly a number of best practices for application and integration across a broad range of situations from strategic planning, through development and implementation to optimization of existing services. The books are based on the authors' combined 65+ years of practical experience and integrate a number of best practice techniques and tools for effective management and assurance of outstanding and sustaining results.

A practical introduction to Life and Fire Assurance, etc

A practical introduction to Life and Fire Assurance, etc PDF Author: Thomas H. MILLAR
Publisher:
ISBN:
Category :
Languages : en
Pages : 160

Book Description


In Search of Value, Closing the Performance Gap with Value Assurance: Overview

In Search of Value, Closing the Performance Gap with Value Assurance: Overview PDF Author: Martyn Phillips
Publisher:
ISBN: 9781477423646
Category :
Languages : en
Pages : 234

Book Description
This book is the first in the "Value Search, Closing the Gap" series and describes a holistic process for achieving successful programs, projects, services and products. The Closing the Gap series relates to program and project leadership, stakeholder consensus-building, informed decision-making, setting clear & transparent strategic direction, performance enhancement and effective change management for achieving real performance gains. The Overview book introduces a training and coaching system which enables participants to: formulate strategy; identify, select and develop innovative options; implement winning, fast track solutions; enable business decisions by providing decision -makers with a sound basis for their choice; apply successful group problem-solving techniques across a range of applications in any organization; systematically ensure successful outcomes and improve return on investment. This book is intended to provide a relatively "quick read" to stimulate interest in learning how to achieve better outcomes for a variety of endeavours. Further information is available in the companion publications of the series. Closing the performance gap successfully is not just a "quick fix", but it is attained through a measured series of pre-emptive management actions that are conducted from the initiation of an undertaking and throughout its life cycle. Managing for best value is a lifestyle that should be embedded into the culture of an organization. Value assurance provides a time-saving, practical approach to ensuring successful development and improvement of programs, projects, products and services in any field. It is scalable to large, small, complex or simple undertakings. However its most significant application is to large and complex programs and projects. The Value Search series has an international flavour that provides a comprehensive, firm and timeless grounding in the basics of a number of program and project improvement approaches. The series does not advocate yet another specific methodology, but encapsulates clearly a number of best practices for application and integration across a broad range of situations from strategic planning, through development and implementation to optimization of existing services. The books are based on the authors' 65+ years of practical experience and integrate a number of best practice techniques and tools for effective management and assurance of outstanding and sustaining results.

Houseman's Law of Life Assurance

Houseman's Law of Life Assurance PDF Author: Robert Surridge
Publisher: Bloomsbury Publishing
ISBN: 1784514500
Category : Law
Languages : en
Pages : 821

Book Description
Unique in its depth of coverage and currency, Houseman's Law of Life Assurance has established a well-deserved reputation as an authoritative practitioner work on life assurance and is renowned for its practical insight into the workings of the industry. In addition to being fully updated to take account of new legislation and case law the new 15th edition also covers developments including: Significant structural changes to the UK regulatory framework since the 14th edition and in particular the creation of the Prudential Regulation Authority (PRA) and the Financial Conduct Authority each with their own different statutory objectives; Creation of the PRA and the introduction of a new rulebook with a different structure for conveying regulatory guidance; Implementation of the Solvency II Directive which has made fundamental changes to the way insurers calculate their capital, invest their assets and govern their businesses; Changes to insurance law on misrepresentation and warranties and the new duty on consumers to take reasonable care not to make a misrepresentation and on non-consumers to make a fair presentation of the risk; New e-commerce chapter to reflect the growing importance of this distribution channel for life insurance products; Anticipated changes to the regime applicable to insurance distribution because of the Insurance Distribution Directive and rules relating to packaged insurance investment contracts, including the impact on remuneration of intermediaries; Changes to the UK compensation scheme for insurance policyholders.

The Assurance Magazine, and Journal of the Institute of Actuaries

The Assurance Magazine, and Journal of the Institute of Actuaries PDF Author:
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 394

Book Description


Tables Deduced from the Mortality Experience of Life Assurance Companies, as Collected and Arranged by the Institute of Actuaries of Great Britain and Ireland

Tables Deduced from the Mortality Experience of Life Assurance Companies, as Collected and Arranged by the Institute of Actuaries of Great Britain and Ireland PDF Author: Institute of Actuaries (Great Britain)
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 368

Book Description


Journal of the Institute of Actuaries, and Assurance Magazine

Journal of the Institute of Actuaries, and Assurance Magazine PDF Author:
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 836

Book Description
List of members issued with v. 35- with separate paging.

The Arithmetic of Annuities and Life Assurance, Or, Compound Interest Simplified ...

The Arithmetic of Annuities and Life Assurance, Or, Compound Interest Simplified ... PDF Author: Edward Baylis
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 196

Book Description


Handbook of Research on Quality Assurance and Value Management in Higher Education

Handbook of Research on Quality Assurance and Value Management in Higher Education PDF Author: Nuninger, Walter
Publisher: IGI Global
ISBN: 1522500251
Category : Education
Languages : en
Pages : 458

Book Description
The management of quality and sustainability in higher education institutions ensures that proper standards are maintained. Such enforced standardization allows for the highest caliber of training opportunities for various fields and disciplines. The Handbook of Research on Quality Assurance and Value Management in Higher Education is an authoritative reference source for the latest scholarly research on quality management and assurance programs and standards in college-level environments. Highlighting global perspectives on academic and professional learning, this book is ideally designed for researchers, policy makers, practitioners, and professionals actively involved in the field of higher education.