European Training and Certification System (ETCS)

The primary purpose of the System is to enhance Business competitiveness by underpinning the dissemination and development of consistent approaches to Value Management across Europe. The System seeks to realise this purpose by:

Standards

  • Establishing standards of competence in the application of Value Management (VM)

Objectives

  • Specifying learning objectives and outcomes that underpin that competence

Structure

  • Relating those learning objectives and outcomes to an integrated learning structure which includes a family of training courses

Qualifications

  • Creating and implementing a certification process for assessing competence and awarding qualifications to those with demonstrated competence

Expertise

  • Setting standards of practice which are consistent across Europe, regardless of the country in which the expertise is acquired

The European Training and Certification System

The following summarises the qualification structure and the process of qualification.

The European Training and Certification System is designed to provide competence based qualification at three levels:
  • A Qualified Value Associate (QVA) is someone who has a good understanding of the principles and the basic tools of Value Management and is able to apply them within day to day work and contribute effectively as a member of a value study team. The qualification does not imply any competence to design or lead a value study.
  • A Professional in Value Management (PVM) is someone who can design and lead a value study of at least moderate complexity in a familiar business environment, and who has the basic understanding to be able to apply this capability in more diverse situations. Highly experienced PVMs may address issues with high levels of complexity across different business sectors, but that is not the standard which a newly appointed PVM is expected to achieve.
  • A Trainer in Value Management (TVM) is someone who has considerable experience in the application of Value Management, and in addition is competent to design and deliver training and mentoring both in terms of theory and practice.
European Training and Certification Scheme
PracticeContinuous Professional DevelopmentKnowledgeExperienceExam + 2 VM studies facilitated by a PVM(QVA is not required for PVM route)VM1 Foundation Course (3 days)VM2 Advanced 1 Course (3 days)VM3 Advanced 2 Course (3 days)TTT Train the Trainer (4 days)Facilitation and doc-umentation of at least 2 VM studiesPVM Recertification every 4 yearsContinuous Facilitation of VM ProjectsQVAPVMTVMAbbreviationsPVM Professional in Value ManagementTVM Trainer in Value ManagementQVA Qualified Value AssociateVM Case StudyParticipation in 2 VM Case Studies

The System is based upon European Standards in Value Management (EN 12973 and EN1325) as such this is the first internationally integrated Value Management training and certification system in the world. It will make it easier for global organisations to have a common value based approach to increase their competitiveness.

The scheme is designed to meet the needs of three primary groups:
  1. Management and staff who are seeking awareness of Value Management
  2. Practitioners, who intend to apply Value Management
  3. Trainers and staff in higher level academic establishments who wish to help others develop competence in VM.