Best Value Video Education

The PBSRG Lecture Series

A series of videos outlining various techniques and industry analysis. Click here to visit the Youtube Channel.
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Introductory

Introduction to the Performance Based Studies Research Group - 2 min.

This video will introduce the Performance Based Studies Research Group and how we help organizations reduce their costs while increasing efficiency.
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What is the Best Value Approach? - 3 min.

Dr. Kashiwagi discusses the characteristics of the Best Value Approach.
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What Makes Best Value Different? - 3 min.

Dr. Kashiwagi discusses the traditional methods of procurement and project delivery and why our Best Value Approach is more effective.
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Getting Started with the Best Value Model - 2 min.

Advice from current users of the Best Value Model and what they would have done differently when they started.
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Best Value Basics

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Best Value Overview Video - 5 min.

This video will introduce the 3 main phases of the Best Value Business Model, and provide perspectives on each phase from some of our research partners.
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Why is 'Clarification' the Most Important Phase of the Best Value Approach? - 2 min.

In the Best Value Approach, there are 3 main phases of project delivery: Selection, Clarification (or Pre-Award), and Mgmt by Risk Minimization (or Mgmt & Metrics).  The most important of these phases is easily the Clarification Phase.  In this video, some past and present users of Best Value explain what happens during this phase.
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Efficiency and the Blind vs. the Visionary - 11 min.

Dr. Kashiwagi explains the differences between blind and visionary people as related to project management, supply chain management and organizational efficiency.
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Information Measurement Theory Introduction - 5 min.

The Best Value Business Model was developed around the simplistic concepts of Information Measurement Theory (IMT). This video covers the IMT concepts of "The Event", "Initial Conditions" and "Final Conditions," "Price-Based vs. Performance-Based," and "The Impact of Minimum Standards."
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Understanding Your Internal Constraints - 2 min.

The Best Value Business Model is a new approach to the procurement and delivery of projects and services.  The concepts are simple, but are often radically different than traditional processes.  Therefore, the transition to this approach can be difficult.  In this video, some of our most successful past and present users explain some of the struggles that they've encountered.
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