Best Value Approach Dean Kashiwagi, Ph.D., P.E. Jacob Kashiwagi, Ph.D. Course Overview Objective Help students be happy Methodology Teach students how to accurately observe reality by eliminating the need for details and memorization by using logic and simplicity Instructors • Dean T. Kashiwagi, Ph.D., P.E. – – – – – – Director of the PBSRG US Air Force (14 years) - Design/Project Engineer, Project Manager, Educator, and Researcher ASU Professor (1992) Married with 8 children Accomplished author (108 journal articles/conference papers and 11 books) Accomplished researcher ($5.5 Million) • Jacob Kashiwagi, Ph.D. – – – – Program Manager PBSRG Published papers: 18 Assisted clients in the procurement of $200 Million in construction and services Author of the No-Influence leadership model Class Requirements and Objectives • Objectives – Increase your understanding of Best Value practices – Do something of significance – Decrease stress and worry that comes from dealing with people. • Requirements: – Do something – Do it well Research Effort Supporting Class (Performance Based Studies Research Group) • 1800+ projects and services delivered • $6.4B Construction services • 98% customer satisfaction • $15.9M Research Funding Generated • 112+ Clients [Public and Private] • 43 Arizona State University Licenses • 384+ Papers Published 5 International Efforts Finland BVP is being proposed as a part of risk/project management University of Alberta United States65 clients WSCA, NASPO Netherlands Most successful implementation of BVP outside of United States Visionaries: Scenter, Rikswaterstaat, NEVI Largest test: $1B Brunsfield Complete Supply Chain implementation of best value PIPS CIB Network PBSRG Network PMForum Network Fulbright ScholarshipUniversity of Botswana PIPS tests RMIT Teaching IMT PBSRG platform 6 Student Guidelines • • • • • • Don’t worry about your grade Do all the work Get the book and use it Don’t spend a lot of time on work There are no rules Get to know your classmates Class Objectives • • • • • • • • • Identify what firms find most valuable Deliver a dominant research report Don’t think, just observe Identify, prioritize, and minimize risk Understand value Measure value continuously Manage change Align resources Use best value practices Theoretical Research Concepts • • • • Information Measurement Theory (IMT) Kashiwagi Solution Model (KSM) Who Is On My Molecule (WIOMM) Best Value Approach Logical Principles that underlay the BV Approach • Information Measurement Theory concepts: – – – – – – – – – – All events are predictable All people are predictable Randomness does not exist Minimizing thinking Minimizing decision making Increasing efficiency Increasing accountability Learning best business practices from other industries Leadership versus management Obstacles to performance in the current construction industry is client management, direction, and control Texts and Recommended Reading Mandatory texts (available via your professor): • Kashiwagi, D. (2015). Information Measurement Theory. KSM Inc, Kashiwagi, D. (2015). Best Value Approach. KSM Inc Recommended Reading: • Allen, J. (2008). As a man thinketh. New York, NY: JMW Group. (Free online: http://jamesallen.wwwhubs.com/think.htm) • Kabat-Zinn, J. (1994). Wherever you go, there you are: Mindfulness meditation in everyday life. New York, NY: Author. • Deming, W. E. (1982). Out of the Crisis . Standard Assignments • Web Assignments – Apply IMT concepts in some manner (article review, books, movies, journal entries, discussion points, etc.) • Activity Sheets – Lessons have activity sheets that relate to the current topic. Activity sheets are to be filled out and emailed through the course website. • Quizzes/Midterm/Final – Students are assessed on overall understanding of topics discussed in the class. • All documents are to be filled out and emailed to [email protected] Final Papers • Pick any topic of your choosing • Formatting requirements in Deductive Logic Assignments document • Should be concise and dominant Possible Paper Topics Control Predictability Genetics/Cloning Leadership/Management Iraq President Bush/Clinton Government bureaucracy Price based environments Minimum standards Sports stars predictability Health/eating/exercise relationship • CEOs, leaders, managers • Best value • • • • • • • • • • • • Quantum mechanics/Hisenberg Uncertainty principle • Chance/randomness • Impact of money on people • People’s culture • Decision making • Manufacturing based on cost vs value/quality • Gambling • Wars • Medicine and performance • Litigation • Construction delivery system problems Final 5 Minute Presentations • Video recorded or voice over • Make main points very clear • Presentation should be professional (Name, Title, Date, Spelling, Work Cited, etc.) • Must cite / reference all work • Avoid paragraphs or long sentences. Bullet all major points. • Upload to YouTube and send link to Class TA with Final Paper 15 Final Presentation Outline • • • • • • • Intro Problem Proposal Methodology Research Conclusion Recommendations Grading Criteria Weight Midterm Final Report and Presentation Final Exam Activities & Quizzes Homework Assignments 25% 25% 25% 15% 10% Grading Scale A = 90% to 100% B = 80% to 89% C = 70% to 79% D = 60% to 69% E = 0% to 59% Leadership Support Effort KSMLeadership.com • Created by ASU Leadership organization • Sponsored by PBSRG • Post dominant class work • Post current events • View other student’s work KSMLeadership.com Student supported website KSMLeadership.com Main Points • • Objective is to give students a variety of options. Each student should produce at least one dominant assignment. 20 ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • Includes basic information about LSA. Organization is sponsored by PBSRG. Alignment Leadership Platform designed for student and professional development. 21 Website Applications • Learn/review class concepts. • Submit class assignments to be published. • Create & Share your story by blogging. 22 ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • • Includes basic membership information. Students can create professional profiles. Students can view current student projects & Professional job/internship opportunities. Learn about follow-on Project Management Course. 23 ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • Includes basic class information. Students can view their class TA, peer biographies, and final presentations from current and past classes. Provides examples of dominant student work. SUMMARY 24 ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • Includes major topics. Database of all written material on each major topic. Simple layout for viewing material. 25 ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • Highlights “top stories in the world” written by students. Students can submit their own article summaries and comment on others. Students can use this for homework or reference for other courses. 26 ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • Includes an overview of numerous IMT concepts. Students can use concept overviews as a resource to prepare for class, tests, quizzes, and papers. Students can ask questions, challenge the logic, or simply raise good points in the comment section. 27 ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • Personal applications of IMT. Students can share their story and view or comment on others. Students can subscribe to receive updates on new posts. 28 Article Homework Example ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • • • Find interesting article that can relate to IMT. Write a summary of article. Explain simply the IMT perspective on the article. Document all sources. Submit to [email protected] for posting approval. 29 Video Homework Example ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • • Identify a simple topic. Produce a personal reflection or interview a professional or another student. Write up a simple IMT explanation. Submit to [email protected] for posting approval. 30 Presentation Example ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • • • Find topic that is interesting, and identify IMT perspective. Topic can align with class or job. Includes a PowerPoint presentation. Presentations are 5 minutes and recorded. Document all sources. 31 Blog Homework Example ABOUT | PARTNERSHIP | CLASSES | ARCHIVE | NEWS | CONCEPTS | BLOG | Main Points • • • • Purpose of blog is to be non-technical. Platform for sharing your personal stories. Help other people see life perspectives through your personal lens. Submit posts to editor anytime. 32 Posting Work to Website 1. Your TA will recommend that you submit your assignment online. 2. Go to KSMLeadership.com and click on “Submit a Post” make sure to include your email in your post. 3. If LSA accepts your submission, you will receive an email within two weeks.
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