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Registration

 

WHAT REGISTRATION IS

A personal member’s grade of membership indicates his/her attainments in the VM profession and may be described in the following general terms:

Associate Member (interested in VM, may be working towards Member)
Member (MIVMA) (full professional standing, competent to practice VM)  
Fellow (FIVMA)   (recognised as a leader in the VM profession)  
Honorary Life Fellow    (HonFIVMA) (exceptional recognition for outstanding and sustained contribution to the VM profession)  

However, these grades do not indicate any specialist skills relating to particular aspects of VM practice.    The Institute recognises that, for some types of VM assignment, specialist skills are required and the community (individuals and organisations) looks to the Institute, as an independent professional organisation, for guidance in selecting VM service providers for such work.   

Separate from (and additional to) his/her grade, a Member or Fellow may be granted particular recognition for satisfying specialist criteria in a particular aspect of VM practice.   The Institute describes such specialist recognition by the name “registration”, because those who meet the specialist criteria are included in “the Register”.   Registration may be granted for only three years at any one time, and it may be renewed by the registrant demonstrating that he/she is continuing to practice in the specialist field and that he/she has maintained the specialist expertise through continuing professional development in the field.   

The Institute recognises that “in the long term”, a number of specialist practice skills may emerge that warrant this kind of special recognition  -  that is, recognition over and above those denoted by the grades of personal membership.  At present, only one specialist area of practice has been recognised as warranting registration and that is the facilitation of participative VM workshops.

Also “in the long term”, it is envisaged that the Register will be an appropriate vehicle for denoting those educational programs in Value Management which have been accredited as meeting the Institute’s educational aspects of requirements for admission to the personal membership grade of Member.

For every category that is (or may in future be) included, the Register is maintained as a “live” document, with the expectation that names and courses may be added and deleted at any time, depending on when an application for registration (or accreditation) is approved or expires without renewal.   For this reason, it is important that when any one obtains a copy of the Register for a particular assignment or purpose, it is used and then immediately discarded, with a new copy to be obtained next time one is needed.

For every category of registration (or accreditation) the Register carries details of the assessment criteria used by the Institute, together with statements to help community members have confidence in what a category of registration means and what it does not mean.