Target Value Delivery

Learning Objectives:

• Understand the Fundamentals of Target Value Delivery (TVD)
• Define Target Value Delivery and its role within Lean project management.
• Explain how TVD differs from traditional cost estimation and project delivery methods.
• Recognize the Core Principles of TVD
• Describe the key principles of TVD, including collaboration, continuous cost management, and value-driven decision-making.
• Identify the importance of stakeholder alignment and shared accountability.
• Apply TVD in Project Planning and Execution
• Demonstrate how to set and manage target costs throughout a project lifecycle.
• Explore strategies for integrating design, engineering, and construction teams to optimize value.
• Utilize Lean Tools and Techniques to Support TVD
• Apply Lean principles such as pull planning, set-based design, and Last Planner System® in a TVD environment.
• Use real-time tracking and feedback loops to maintain cost and value alignment.
• Evaluate the Benefits and Challenges of TVD
• Assess the potential benefits of TVD in improving cost predictability, reducing waste, and enhancing project outcomes.
• Identify common challenges in implementing TVD and strategies to overcome them.
• Implement TVD in Real-World Scenarios
• Analyze case studies of successful TVD applications in construction and other industries.
• Develop an action plan for incorporating TVD principles into an organization’s project delivery framework.

Instructor:

Felipe Engineer-Manriquez is a best-selling author, keynote speaker, Project Delivery Services Director for The Boldt Company, The EBFC Show podcast host, and proven construction change-maker from million to billion dollar-sized projects and companies worldwide implementing Lean and Agile practices. Engineer-Manriquez helps people work twice as fast with half the effort - easier, better, and faster. Felipe is a Registered Scrum Trainer™ (RST), Registered Scrum Master™ (RSM), and enables change via work, blogging, social media, and his book. He is also a Lean Construction Institute Chairman’s Award recipient for his contributions to the industry.

Parking available on street or in the Outback parking lot across the street.

Light refreshments will be provided.

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