The Certification Board (CB) of the IVM abides by the rules of the V4E Board to administer the current version of V4E European Training and Certification (ETCS). The IVM CB is responsible for the certification process for assessing competence and awarding qualifications to those with demonstrated competence in Value Management. It also accredits training courses which comply with the ETCS V4E to be run by qualified Trainers in Value Management.

Members of the IVM CB are nominated to sit on the V4E Board and work on the development of the ETCS, marketing of V4E and European Norms in Value Management – BS EN12973 – Value Management Standard, BS EN1325 – Value Management Vocabulary. Terms and definitions, BS EN16271 – Functional Performance Specification and the development of new Value Management related Standards.

Specifically, the Certification Board performs the following functions: