Author : D. Paul Scarbrough Ph.D, Professor of Accounting and Control, Goodman School of Business, Brock University
Description :
Project controls enable business to better predict and manage outcomes. Controlling costs can be supported with accounting tools and techniques such as Lean and Six Sigma but controlling outcomes relies on a different sort of control tool. VE is a tool that can be integrated with other business tools to guide or control project outcomes. This presentation describes how VE works with other business tools for big projects. I focus on the interactions between VE and other business tools when confronting the “big project” issues described by
Bent Flyvbjerg