RTA Becomes First In MENA To Secure BSI Certification For Value Management System

Dubai’s Roads and Transport Authority (RTA) has become the first in the Middle East and Africa to earn the BS EN 12973:2020 Value Management System certification from the British Standards Institution. This certification is crucial for organisations, aiding in achieving objectives and enhancing performance. It boosts efficiency in project execution and asset management, ensuring customer expectations are met by balancing six key elements: performance, quality, requirements, cost, and risk.

The Value Management Programme is vital for sustainability within any organisation, including RTA. It underpins RTA’s sustainability strategy by ensuring a balanced approach across economic, social, and environmental dimensions. This programme enhances financial sustainability by optimising operations and improving overall efficiency. It also ensures long-term financial viability by maximising return on investment and generating sustainable added value.

Nabil Mohammed Saleh, Director of Assets Management at RTA’s Strategy and Corporate Governance Sector, explained that the certification was granted after a thorough audit of all RTA’s agencies and sectors. He stated, "The certification had been granted following a comprehensive audit covering all RTA’s agencies and sectors, making RTA the first entity in the Middle East and North Africa to obtain this certification."

RTA navigated the certification process through three key phases. Initially, a gap analysis was conducted to assess alignment with British Standard requirements. The second phase involved closing identified gaps with structured action plans. Finally, an external audit by BSI led to the successful certification.

The link between Value Management and sustainability is evident in financial sustainability. By applying these principles, RTA ensures projects' long-term viability while enhancing effectiveness through resource optimisation. This approach streamlines operations and minimises waste while supporting environmental sustainability through improved resource management.

Encouraging Technological Innovation

Technological development plays a significant role as Value Management encourages innovation within RTA’s projects. This approach leverages modern technologies to achieve environmental and social sustainability goals effectively. By fostering technological advancements, RTA enhances its ability to deliver tangible results that align with its sustainability objectives.

The Value Management Programme aims to balance asset cost, performance, and risk throughout their lifecycle while considering other key elements. These elements help stakeholders enhance project value and ensure optimal asset value at efficient costs.

Ultimately, Value Management is essential for any organisation's sustainability strategy. It supports decision-making processes that ensure customer expectations are met effectively while maintaining an optimal balance among critical elements like performance and cost.

With inputs from WAM