Target Value Delivery in Building Projects

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· Cambridge Scholars Publishing
Ebook
201
Pages
Eligible
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About this ebook

This book presents the findings from recent research into practices and applications of Target Value Delivery – that is, setting budgets based on a building’s functional requirements, and steering the budgets through the design and construction process. It demonstrates that budget setting can precede design solutions, and provide tools to the design team to deliver the project vision with the available funds.

The authors lay out the processes involved in Target Value Delivery, explore the history, and present how different teams apply the principles in practice. The book is intended as a practical guide for practitioners – building owners, designers, contractors, project managers and estimators – and to provoke further study and development of the topic within the construction profession.

About the author

Glenn Ballard (PhD) co-founded the International Group for Lean Construction in 1993 and the Lean Construction Institute (USA) in 1997. In 2018, he retired from the University of California Berkeley after teaching a graduate course on Lean construction concepts and methods for 22 years and serving as Research Director for the university’s Project Production Systems Laboratory for 13 years. His primary intellectual contributions are the Last Planner System of Project Planning and Control and Target Value Delivery.

Peter Morris is a practice leader for AECOM’s cost consultancy practice. He has over 40 years’ experience in cost management and control, including construction cost planning and estimating, risk management, life cycle costing, scheduling and market analysis. One of his primary focuses over the past ten years has been performance-based delivery of facilities, starting with the function of the asset, and allowing the budget, total cost of ownership and design to operate in response to, and in service of, the mission of the facility.

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