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The Institute of Value Management, AustraliaThe Institute of Value
Management, Australia Incorporated was founded in recognition of the need
for an organisation to provide assurance to the community about what to
expect from Value Management and those who practice it, to set
professional standards as a basis for community confidence, to address the
professional needs of people practising Value Management (and others
interested in it) by keeping members, practitioners and others informed on
issues pertinent to the advancement of the profession and Value Management
in Australia (and its neighbours). The Institute has established
a Code of Conduct for professional VM work and all members of the
Institute are bound by it. Disciplinary
provisions are in place and can be applied to any member found to be in
breach of the Code. The
existence of the Code and its associated disciplinary provisions provides
confidence to individuals and organisations in the community who engage
members of the Institute to deliver professional VM services. The Institute is a
not-for-profit professional association incorporated under the Australian
Capital Territory Associations Incorporation Act 1991. It
operates under its “Rules of Association” which provide for governance
by the Institute’s “Board of Management”.
The Code of Conduct is an integral part of the Rules of
Association. As an integral part of its
contribution to the Australian community, the Institute has been
instrumental (together with the contributions of representatives of
industry groups and other professions) in the establishment, development
and formal adoption of the Australian and New Zealand Standard for Value
Management (AS/NZS 4183). The
Institute has established criteria for the various grades of personal
membership, for Registration as a VM Facilitator and for accreditation of
courses that satisfy educational requirements for admission to the
membership grades of Member and Fellow.
The
Institute publishes “The Value Times” approximately four times per
year, organises national conferences (usually every second year) and from time to time arranges seminars and other activities
to assist members to maintain their professional expertise.
The Institute has recently endeavoured to encourage the development
of regional groups of members (and other interested people are welcome to
participate) who will meet a few times per year in their regional location
for networking and professional fellowship, perhaps with one of the group
reviewing an interesting VM project.
People and organisations of
good standing in the community and having a genuine interest in Value
Management and its applications are welcome to join the Institute. Applicants are required to demonstrate their interest in
pursuing the Institute’s vision and objectives and they must give a
commitment to abide by the Institute’s Rules, including the Code of
Conduct. Membership is of particular benefit to practitioners and students across
most professional disciplines: architecture, engineering, law, building
& construction, industrial design, quantity surveying, strategic
planning, management (including consulting), industrial relations and
human resources management, as well as public administration in general.
Members of the Institute have an established point of reference for
professional development and they have opportunity to contribute and share
in the exchange of professional experience, as well as to extend their
network of talented and focussed professionals.
The Institute of Value Management Australia is a totally independent organisation. Nevertheless, it maintains links for professional liaison and co-operation (as appropriate) with a small number of kindred and independent professional associations in other countries. |