Describe the term value management, Corporate Finance

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Problem:

(a) Describe the term "Value Management" and what are the related benefits in applying such principles in a project?

In your opinion, how will Value Management look at the project over its entire life cycle?

(b) Projects are performed by and managed through people, it is required to develop an organisation structure which reflect the needs of the project. Compare between Functional project structure, Project based and Matrix structures and for each give an example.

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