Assessing the Feasibility and Use of Target Value Design in South African Construction

Fidelis Emuze1 & Lebohang Mathinya2

1Associate Professor and Head, Department of Built Environment, Central University of Technology, Free State, Private Bag X20539, Bloemfontein, 9300, South Africa Tel: (051) 507 3089 Fax: (051) 507 3254, E-mail: [email protected]
2B. Tech Graduate, Department of Built Environment, Central University of Technology, Free State, Private Bag X20539, Bloemfontein, 9300, South Africa Tel: (051) 507 3082 Fax: (051) 507 3254, E-mail: [email protected]

Abstract

Target value design (TVD) is a management practice that is undertaken to deliver customer needs within agreed performance parameters. However, the norm in construction for many years has been the compilation of costing / estimation data after design is in place. This practice is evident in South Africa construction where the vicious cycle of design-estimate-construction-rework-estimate continues unabated. Thus, the need for this research stems from efforts to optimise the value delivered to clients without escalating project cost. The phenomenological research design for the study enabled the collection of data through face-to-face interviews of twenty-four construction professionals with a structured protocol. The study shows that aspects of TVD are already in use in South Africa, though not labelled as TVD. The concepts of TVD are not unknown in practical terms in South Africa. What is missing is the full implementation of the system so that the tide of cost overrun that is synonymous with projects will be reduced.

Keywords

Construction, Cost, Target Value Design, South Africa

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Reference

Emuze, F. & Mathinya, L. 2016. Assessing the Feasibility and Use of Target Value Design in South African Construction, 24th Annual Conference of the International Group for Lean Construction , -. doi.org/

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