Proc. 28th Annual Conference of the International Group for Lean Construction (IGLC) 2020
DOI: 10.24928/2020/0087
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Maturity of TVD Implementation in Norwegian Public Building Projects

Abstract: There is an emerging international interest in the Architecture, Engineering and Construction (AEC) industry towards designing and constructing building projects based on Target Cost (TC) through the development of 'Target Costing' and Target Value Design (TVD) 4. The aim is to create more value for the client and the users through iterative design processes focusing on optimization of value within cost limitation. The purpose of this study is to discover and bring awareness of the maturity of TVD implementati… Show more

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Cited by 2 publications
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“…Lean construction tools also focus on cost control in the design phase by integrating design and construction knowledge through the adoption of the target value design (TVD) concept. The TVD approach encompasses various lean methodologies and tools such as SBD, co-location of the project team in a common space, and expands to address constructability issues (Nguyen, Lostuvali & Tommelein 2009;Smoge, Torp & Johansen 2020). The TVD concept allows interdisciplinary teams to collectively manage and control target cost by moving money across trade packages to optimise the project as a whole (Ballard & Pennanen 2013).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Lean construction tools also focus on cost control in the design phase by integrating design and construction knowledge through the adoption of the target value design (TVD) concept. The TVD approach encompasses various lean methodologies and tools such as SBD, co-location of the project team in a common space, and expands to address constructability issues (Nguyen, Lostuvali & Tommelein 2009;Smoge, Torp & Johansen 2020). The TVD concept allows interdisciplinary teams to collectively manage and control target cost by moving money across trade packages to optimise the project as a whole (Ballard & Pennanen 2013).…”
Section: Literature Reviewmentioning
confidence: 99%