Collaborations among businesses can be described from different viewpoints. Two of these viewpoints are the value viewpoint, representing estimated values exchanged in a collaboration, and the coordination viewpoint, representing messages exchanged between the actors to coordinate the execution of a collaboration. To observe and maintain the value viewpoint during the complete life cycle, the estimated values have to be validated during the execution of the collaboration. However, since the value model is not implemented, the necessary information for monitoring the value viewpoint needs to be derived from the coordination viewpoint. Relating coordination and value viewpoint is a difficult process because the coordination viewpoint lacks information present in the value viewpoint. In this paper we define the relation between both viewpoints for the complete collaboration life cycle. Furthermore, we provide a mechanism to monitor the collaboration from a value viewpoint.