You are asked to consider how Value Management (VM) could have been applied to a specific case study to overcome its operational failure. As such, you must select a specific failure case and hypothetically describe how VM could have been used. In answering this question, you must combine the following: 
1.

You are asked to consider how Value Management (VM) couldhave been applied to a specific case study to overcome its operational failure.As such, you must select a specific failure case and hypothetically describehow VM could have been used. In answering this question, you must combine thefollowing: 
1. A clear and well explained description of thefunctional failure of a specific case study. This case study can be from theconstruction sector or further afield. You should select a case that is in thepublic domain and which provides you with some evidence of functionalfailure. 
2. Next, you must describe how VM approaches andtools could have hypothetically overcome failure. In so doing you should citeliterature and provide a clear rationale for why you think your selectedapproach would have benefited the case in question. 
3. Finally, provide recommendations on how VMcould be advanced as an approach to preventing, assessing and mitigatingfunctional failure. In so doing you should try to draw out some innovative wayof doing or thinking about VM


2. Next, you must describe how VM approaches and tools could have hypothetically overcome failure. In so doing you should cite literature and provide a clear rationale for why you think your selected approach would have benefited the case in question. 
3. Finally, provide recommendations on how VM could be advanced as an approach to preventing, assessing and mitigating functional failure. In so doing you should try to draw out some innovative way of doing or thinking about VM

A clear and well explained description of the functional failure of a specific case study. This case study can be from the construction sector or further afield. You should select a case that is in the public domain and which provides you with some evidence of functional failure
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