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Chapter one of LCI’s “Target Value Delivery: Practitioner Guidebook to Implementation – Current State 2016” defines TVD as “a disciplined management practice to be used throughout the project to assure the facility meets the operational needs and values of the users, is delivered within the allowable budget and promotes innovation throughout the process to increase value and eliminate waste.”
This book is the second volume in LCI’s “Transforming Design and Construction” series, and was developed to provide practitioners a “how to” for implementing the various phases of TVD. Preview the TVD’s book’s sections and chapters! These TVD phases include:
The driving force of TVD is to increase value while decreasing cost for all team members, and Target Value Delivery offers practitioners an overview of best practices plus step-by-step instructions for implementing and continuously improving your own TVD process.
Why Target Value Delivery instead of Target Value Design?
To say a project team should only design to targets promotes the division between design and construction phases that occur during traditional project delivery. Lean project delivery uses tools like Target Value Delivery to eliminate divisions, reduce waste and increase the value delivered to the owner.
Join more than 20 TVD practitioners who created this standard framework for implementation by leveraging this guidebook’s contents as you work through the TVD process with your project team!
Keep checking the blog regularly for updates on how you can increase productivity and value delivered with Lean tools, principles and processes!