@inproceedings{Jacomit2008_576,
  author = {Jacomit, Ana Mitsuko and Granja, Ariovaldo Denis and Picchi, Flavio Augusto},
  editor = {Tzortzopoulos, Patricia and Kagioglou, Mike},
  title = {Target Costing Research Analysis: Reflections for Construction Industry Implementation},
  booktitle = {16th Annual Conference of the International Group for Lean Construction},
  year = {2008},
  pages = {601--612},
  address = {Manchester, UK},
  url = {https://www.iglc.net/papers/details/576},
  abstract = {Target costing or Genka Kikaku, as originally named in Japan, is not only a tool for managing costs, but a strategic approach for development of new products, that aims to reduce costs, ensuring quality, reliability and other attributes that will add value to the customers. This paper presents a framework that summarizes a product development process with the literal application of target costing, and seeks to compare this framework to three implementations of it in the construction industry. It started with elaboration of a flowchart that allowed the definition of the parameters to be used in the analysis. Results show that none of the cases studied covers a completed target costing implementation as envisioned in manufacture. Finally, this work points out some issues that need further development such as studies about alternative ways of obtaining the target cost – based on the current market price instead of historical data.},
  keywords = {target costing, target cost, cost management, value engineering},
}