1 Scope
The purpose of BS EN 12973 is to:
The standard establishes a benchmark forthe implementation ofVM and a basis for certification
of organizations.
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– establish a common basis for practice;
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– provide guidelines for those involved;
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– provide a basis for training and assessing competence;
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– provide a benchmark for providers of value services;
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– enable the certification of organizations;
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– improve quality of service and stimulate innovation in delivery;
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– improve communication through common terminology.
It facilitates the dissemination, understanding and effective participation in Value
Management practice in an organization.