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The Miles Value Foundation (MVF) desires to support graduate and undergraduate elective courses in Value Methodology (VM) at accredited institutions that express a desire to offer our curricula and are willing to undertake the following commitments to help insure long-term (5-10 years) continuity of the offering.
The Lawrence D. Miles Value Foundation (MVF) exists to develop, apply, and promote the use of the Value Methodology worldwide. Part of the MVF mission is to assist universities in offering semester (or quarter) courses on the value methodology, also known as value engineering and value analysis. This methodology was created by Lawrence D. Miles of General Electric in the mid-1940’s. Since then it has spread around the world to improve the value of construction projects, manufacturing products, and management processes. SAVE International and MVF are the industry-recognized organizations for the value methodology.
Application Process
Application Process
To initiate the process, we ask that the accredited institution submits to the Miles Value Foundation an application letter on their letterhead, signed by the program sponsor (Department head, Dean, etc.), committing to the following essential points:
Designate one full-time faculty, member as its instructor for the course (provide name, address, telephone, e-mail)
Maintain qualified instructor(s) in VM recognized by MVF
Embrace VM as a useful part of their curricula
Offer a VM course for credit at least once a year, sending the Miles Value Foundation a copy of the offering (catalog page, etc.)
Commit to using the MVF provided materials
Report to MVF annually the contact person for this course, the number of courses offered, number of students completing the course(s), and course material feedback
Promote student participation in SAVE International
Participate in the MVF scholarship programs.
Upon receipt of the above letter of application, the MVF will contact the designated instructor to initiate the support of the MVF as outlined in our Education Plan.
Upon receipt of the above letter of application, the MVF will contact the designated instructor to initiate the support of the MVF as outlined in our Education Plan
Education Plan
Education Plan
For those North American institutions* whose applications are accepted, MVF will provide the following support to the institution:
One-time registration fee for a full-time faculty member to attend a VMF1 course (up to $2,000)
One-time registration fee for a full-time faculty member to attend the SAVE International Value Summit (up to $1,000)
VM library of books/ e-books (up to $200 from MVF book library)
VM Education Materials (Including course syllabus, training slides, and sample exams)
*For those non-North American institutions, items 3 & 4 will be provided based on MVF available funds.
Certification Option
Certification Option
For those institutions who wish their students to apply for Value Methodology Associate (VMA) certification through SAVE International, there are additional requirements needed. MVF will provide guidance to meet SAVE International's certification requirements.
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