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Inclusive Value Measurement (IVM) - Explained

Written by Jason Gordon

Updated at May 13th, 2022

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Table of Contents

What is Inclusive Value Measurement (IVM)?

What is Inclusive Value Measurement (IVM)?

Inclusive Value Measurement, proposed by Prof. Philip M'Pherson, is a rule-based mathematical model of multidimensional human-valuation (free from subjectivity) that can be keyed into a wide range of applications in business, public sector, and engineering.

With Inclusive Value Measurement, all aspects of value can be measured, combined, integrated and managed, including intangible assets and processes - in a way that is valid and reliable. 

Inclusive Value Measurement can be used to:

  • Optimize Value for Money for businesses, services and projects.
  • Manage Cost-Benefit Analysis and life-cycle cost-effectiveness design projects.
  • Account properly for intangible value, such as: intellectual capital, reputation and information.
  • Establish the monetary equivalent of value contributions from intangible assets.
  • Provide a modeling environment for strategic decision-making and managing complexity.
  • Conduct and visualize complex trade-offs between costs and benefits.
  • Serve as a valid measuring instrument for business value.
inclusive value measurement

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