Target Value Delivery is a Lean Construction method that helps project teams deliver projects within cost and stakeholder value. Rather than seeing cost as an output of the design phase, the cost is seen as a design constraint. With TVD, the project team works collaboratively to steer the project cost towards the target cost.
Research in TVD has shown that teams that applied TVD have been able to deliver projects that are 15% below market price while being able to maintain aggressive schedule and scope requirements.
This webinar serves as an introduction to Target Value Delivery (TVD). The goal of this webinar is to help AEC professionals understand:
- The key concepts behind TVD
- How TVD works?
- Why TVD works?
- How to get started with TVD?
As a Lean Construction method, TVD is generally more advanced. Although it is not necessary, it is recommended that the attendees have at least some exposure to other Lean Construction methods such as the Last Planner System, Choosing By Advantages, etc.
Bio:
Doanh Do, Editor of the Lean Construction Blog
Doanh Do specializes in Lean Construction with an emphasize on Target Value Delivery (TVD), Integrated Project Delivery (IPD), and Choosing By Advantages (CBA). He helps capital projects (>50M) improve decision-making, productivity, cost, and schedule reliability through Lean Construction methods and technology. He is an editor of the Lean Construction Blog, a co-founder of Paramount Decisions (CBA software) and a co-founder of The Lean Way (Continuous Improvement software).
Earn AGC-CM Lean Continuation Education Credits
AGC recognizes this webinar as quality Lean Construction content and it qualifies for 1.5 hours of AGC CE credit. All attendees can forward the receipt of the webinar to AGC and have the webinar count towards renewing their CM-Lean certificate.
