Management of Value (MoV®) provides essential guidance on the most efficient use of resources to maximize the benefits from portfolios, programmes and projects. MoV combines a set of principles, processes and techniques. MoV proposes a definition of value that embraces both monetary and non-monetary benefits, and argues that the subjectivity of value increases the need for it to be actively managed. It provides a method, supported by techniques, for allocating scarce funds as effectively as possible. MoV has evolved from the practice of value management across many sectors, over many years. The guidance describes methods that are as relevant as ever, although their use is often overlooked or misapplied. The guidance is intended to help organizations and individuals use a successful, proven methodology to supplement their current management practices, so that they can increase the value they deliver and make better use of resources.