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Sensemaking in value management practice

By: THIRY, Michel.
Material type: materialTypeLabelArticlePublisher: 2001International Journal of Project Management 19, 2, p. 71-77Abstract: Value management (VM) is used more and more in conjunction with programmes and projects, to define business objetives and identify the best ways to achieve them, by balancing stakeholder`s needs and expectations with availabel resources. This paper will demonstrate why value practitioners, project and programme managers, as well as sponsors, need to acknowledge sensemaking and its contribution to people`s willingness to support or reject a change process. It will specifically discuss why this process is essential to the practice of VM and why the aim of VM workshops and VM studies needs to be reassessed to include sensemaking
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Periódico Biblioteca Graciliano Ramos
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Value management (VM) is used more and more in conjunction with programmes and projects, to define business objetives and identify the best ways to achieve them, by balancing stakeholder`s needs and expectations with availabel resources. This paper will demonstrate why value practitioners, project and programme managers, as well as sponsors, need to acknowledge sensemaking and its contribution to people`s willingness to support or reject a change process. It will specifically discuss why this process is essential to the practice of VM and why the aim of VM workshops and VM studies needs to be reassessed to include sensemaking

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