The value definition and measurement stream develops and refines a unique Value Profile for a project or programme enabling clients and their stakeholders to articulate what is important to them – their core values and drivers.
It then goes on to define metrics for measuring success. These, when combined with performance ranges in a Value Scorecard, help to embed the value priorities into decision-making, enabling clients to compare very different options and to exercise informed choice deciding how to invest.
This stream establishes a reference point for value-based decision-making across the asset lifecyle and signposts to the market relative importance of value drivers in future decisions. The Value Profile helps clients to demonstrate alignment with national, organisational and regional policies and priorities, translating these into measurable outcomes that can be achieved through a specific project or programme.