The European Value Management Standard, how can it help me?

March 18, 2025
16:00 (PST), 17:00 (MST), 19:00 (EST), 20:00 (AST)

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Description:

Around the globe standards are prepared and updated to capture improvements and advancements in professional practice. In Europe, value societies and value practitioners collaborated in the preparation of  EN 17952:2024, Value Management - Function Analysis: Basic characteristics, requirements and guidance for implementation. EN 17952 published in 2024, enhances professional practice in Functional Need Analysis (FNA) and Technical Function Analysis (TFA). The VM standard provides an essential reference for any person wishing to improve the efficiency, effectiveness and overall performance of their organization. 

EN 17952:2024 captures the essence of Value Management and provides a framework for its application. It describes Value Management approaches, principles, drivers (levers) and a range of methods and tools and encourages the selection of the most appropriate methods and tools to achieve the desired outcome.

This presentation is aimed at all value professionals as well as for those starting to use VE/VA/VM. The speaker will present the content and the new information regarding the use of Function Analysis.

Presenter:

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Lucie Parrot, P.eng. M.eng., CVS-life, FSAVE

Lucie Parrot is an industrial engineer and has owned Martin Parrot for the last 25 years. She has significant expertise in the Value Management  where she is involved in facilitation of value studies; she has facilitated more than 300 workshops across Canada and internationally. She is a Certified Value Specialist and a Fellow of SAVE international. She also teaches value engineering at McGill University in Montreal and at Université de la valeur in Geneva.  Her clients are in different fields such as mining, manufacturing, rail, water and wastewater treatment, bridges, highways, city infrastructures, but also in software as well as process development and optimization studies or organizational development.  She is also president of Value Analysis Canada.
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