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Annual Business Meeting
Annual Business Meeting
The Annual Business Meeting of the Lawrence D. Miles Value Foundation (MVF) will be held on Saturday, July 12, 2025 at 11:00 am EDT via Zoom.
Contact info@valuefoundation.org to register.
Zoom Link and passcode
https://us06web.zoom.us/j/89409430102?pwd=truaYOvQ5P7xrnb3OElua5x0Ld5Rht.1
Meeting ID: 894 0943 0102
Passcode: 642878
Saturday July 12, 2025
• 05:00 PM – 06:00 PM Central European Summer Time
• 11:00 AM - 12:00 Noon Eastern Daylight Savings Time
• 10:00 AM – 11:00 AM Central Daylight Savings Time
• 09:00 AM – 10:00 AM Mountain Daylight Savings Time
• 08:00 AM – 09:00 PM Pacific Daylight Savings Time
Agenda:
1) Call to Order & Welcome D. Algase
2) Roll Call I. Merson
3) Approval of Previous Business Meeting Minutes June 2024 I. Merson
4) 2025 Nomination & Election of Directors – three-year terms D. Algase
a) Incumbent Directors with terms expiring this year
i) Drew Algase
i i) Bruce Lenzer
iii) James McCuish
iv) Richard Harrington
v) Istvan Tarjani
5) President’s 2024-2025 Annual Report B. Lenzer
6) Treasurer’s Annual Financial Report 2024 J. Vickers/K. Bethany
a) Financial Summary
i) Current 2024 Financial Report to-date, Jan. 1 – June 30, 2025
7) Adjourn
The Lawrence D. Miles Value Foundation (MVF) launches the
Miles Value Institute for Virtual Education
The Miles Value Institute delivers virtual (online) training in advanced Value Methodology techniques. Course participants earn Professional Development Units (PDUs) that are recognized by SAVE International. PDU's may also be used for other professional societies including ASQ Quality engineers and managers, PMI Project Managers, AACE Cost Engineers and Estimators, Professional Engineers, and others. Check with your professional societies or entities to confirm PDU acceptance criteria. In addition, the Institute supports our global university outreach providing a new college theory textbook and other University level educational materials.
Function Models Guide: Advanced Function Logic Techniques to Inspire Change
Function Models Guide: Advanced Function Logic Techniques to Inspire Change
The Miles Value Foundation (MVF) Function Models Guide: Advanced Function Logic Techniques to Inspire Change is available for purchase from Amazon! Knowledge of Advanced function logic techniques will improve your application of Function Analysis in the VM Job Plan, project management, quality assurance, and risk analysis. Utilizing advanced function models expand the ability of teams to understand and communicate functions and needs to accomplish the desired outcomes through “Function Inspired Change
The Miles Value Foundation (MVF) was created in 1977 to promote and fund the development of educational programs, new applications, and a research library for the study of the Value Methodology (VM). VM includes the applications known as Value Analysis, Value Engineering, and Value Management.
The MVF accomplishes its mission by:
Advancing state-of-the-art applications of Value Methodology through planning, research, and education.
Planning, developing, and implementing strategies for the introduction of the Value Methodology into new areas of business, commerce, and government.
Promoting the education of colleges and university students in the fields of value methodology/value engineering, cost control, and life cycle costing.
Establishing a constituency of individuals concerned with techniques to improve the value of goods and services through research, development, and demonstration of value improvements.
Promoting awareness of the Value Methodology application through MVF supported activities such as: publications, libraries, technology exchange, conferences, and studies.
The Value Methodology (VM) is a systematic process used by a multidisciplinary team to improve the value of a project, product, or process through the analysis of functions.
The Value Methodology (VM) is a systematic process used by a multidisciplinary team to improve the value of a project, product, or process through the analysis of functions.
(SAVE, 2017)
(SAVE, 2017)
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