Independent Verification and Validation (IV&V) is a management discipline that enhances your return on investment on small, medium & large projects. IV&V provides you with an independent assessment of the requirements, actual performance, risk identification and mitigation strategies while tracking project problems and trends, as well as supporting technical and management objectives.
IV&V supports your project methodology and aids in the early detection and correction of problems associated with the project lifecycle. You use us and your vendor in partnership to build high-quality products and services that perform as expected, and satisfy your requirements and schedules.
Value Management IV&V services include:
- Project oversight
- Risk analysis
- Business process verification
- Audit support
- Requirements definition
- Proposal and contract review and analysis
- Project methodology review and analysis
- Methodology audit
- Implementation plan audit
Let Value Management Partners help guide your project toward success.
For example...
...You're about to begin a huge "systems integration"
project. It may involve a database, or office automation. It might be MRP/ERP,
or shop floor data acquisition. If you're in a professional practice, you
may need specialized practice management software. In all of these, the
business case, design and implementation plays a major role in all of your
problems. The successful completion of the project is a "make or break"
challenge.
There's no way you have the time to do this yourself, and you've decided to
have a computer consultant install an "off the shelf" software package that
is unique to your business. Your "short list" includes one or two software
vendors and any number of local computer consultants who are "certified
solution providers."
Are you going to let one of them help write the RFP? Are they going to be
the "PM"? What does that mean? Exactly. Legally. Isn't it a coincidence how
the consultant sells everything you "need"? How are you going to maintain
control? Are you going to have staff on the project? Senior staff? What
methodology is going to be used? By you. By the vendor. Has your accounting,
legal, and operations personnel all reviewed the project? How are you going
to ensure, audit, and document the correct, dependable, and secure operation
of the system or project? Do you have the skills to adequately oversee the vendors,
subcontractors, or suppliers?
Another example...
...A few months ago, a systems integrator put out a
request for proposal inviting other companies to bid on the chance to come
in and second-guess its work.
The reason: The integrator’s customer, a government agency, was unhappy with
the outcome of the project carried out by the integrator. But the company
believed it had fulfilled its contractual requirements and met the agency’s
specifications.
So the company decided to hire an outside firm that would review the
contract, compare it to the finished product and forward independent
conclusions to the customer to prove the contractor had met its
responsibilities and avoid the prospect of litigation.
These are just two examples of how our clients use independent validation
and verification. Many companies and agencies in the marketplace use IV&V
and see it on
the rise as projects become more complex and clients look for tools to
control costs.
Independent Verification & Validation has been used in the Aerospace, Research and
Defense industries for many years. The commercial applications for this process
are often overlooked, but the value added by this process can be immense.
The ultimate goal of IV&V is to ensure that the intended outcome and work
product of a project meets the formal specifications. The earlier the
process is used the better, but it can be implemented at any time of the
project development life cycle. The end result is a better product, process,
service
and/or system delivered to you and your customers.
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