COST AND VALUE MANAGEMENT IN PROJECT

Book Review / Program and Project Management


COST AND VALUE MANAGEMENT IN PROJECT
Mohammed Yassin Al-Nafi , Project Manager, Syria

Risk Management


Risk identification plays an important part at each review stage of the Value Management process, and response to risks at each review is an integral part of achieving project value. The process of developing an integrated Value Management system is not simple, and it does not allow for quick fixes or easy definition of risks and value.The key point to remember is that value represents an organization’s commitment to achieving the best possible return for its projects relative to expenditures, risks, and other costs.

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