Robert B. Stewart, PMP, PMI-RMP, CVS-Life, F-SAVE, President/CEO
Rob Stewart is a Certified Value Specialist and Project Management Professional who has been practicing value methodology for over 20 years. During this time, he has led over 300 value studies for clients in both the private and public sectors on a wide range of products, services, and facilities, from forklifts to multi-billion dollar transportation projects. Mr. Stewart joined VMS in 1999 when the firm he was managing – CVS, Inc. – was acquired by VMS. Rob has been responsible for many major service enhancements for VMS including:
- Developing Value Metrics, a value measurement system that compliments traditional value methodology
- Integrating Risk Management services into the VMS value management services
- Developing e-learning courses on value management, Value Metrics (Performance Management)
- Developed professional development requirements for VMS staff to ensure staff skills meet the needs of the clients
Mr. Stewart has authored three books on the management of value and risk. In 2005, Mr. Stewart published the text, “Fundamentals of Value Methodology.” In 2006, this text was translated into Korean and Chinese. In his second book, Value Optimization for Project and Performance Management (John Wiley & Sons, Inc., 2010), Rob provides a comprehensive overview of the practice of value engineering and details the methodology behind Value Metrics. His third book, “Risk Management for Design and Construction,” was published in June 2011 by R.S. Means.
The books authored by Mr. Stewart provide the process framework for our services. Furthermore, he has taught courses and lectured on value methodology at Portland State University, the University of California – Berkeley, and Chung-Ang University, Seoul, Korea.
Terry Hays, CVS-Life, F-SAVE, Chairman
Terry Hays has over 40 years of experience in engineering, design, and VM for a variety of applications. He has extensive experience in leading Value Engineering (VE) training seminars and workshops for government, municipal, and industrial clients and has participated in many detailed VE studies of technical facilities and processes. He has conducted over 120 VM training workshops and trained over 10,000 people in a wide variety of industries the VE techniques. Much of this training was conducted for clients intending to establish in-house VE programs, and included follow-up activities to assist clients with the development and implementation of their programs.
Mr. Hays has served as project manager, program manager, and principal team leader for over 30 indefinite quantity (IDIQ) VE contracts with governmental agencies over the past 20 years. He has conducted over 400 VE studies on a wide range of Construction projects, over 100 on Business/Organizational/Operational Process Studies and over 150 Industrial product studies.
Mr. Hays has been a leader in applying the Value Engineering process to the development of program concepts (FACD) and planning strategies. Terry is experienced in conducting customer/user focus panels to identify and understand critical project issues. Results of the focus panel are directly used during the VE study. Terry has integrated focus panel and VE techniques into the Partnering Sessions, Concept Development and Planning Studies he conducts.
As Chief Executive Officer, Mr. Hays’ focus is on efficient, professional execution of task orders to ensure that the client’s needs are met through high-quality VE studies; and at the same time works with the client to improve their programs and maximize the value of their internal VE efforts.
Mr. Hays wrote the chapter on value engineering for Maynard’s Industrial Engineering Handbook – Fourth Edition (McGraw-Hill, 1992), published multiple papers on Value Engineering, and written training manuals on Value Engineering that cover construction projects, product designs, manufacturing processes, and administrative systems and procedures.