Strengthening Target Value Design Benefits in Real Estate Market Through Living Labs

Carolina A. Oliva, Ariovaldo Denis Granja, Marcelle Engler Bridi, Joao Soliman-Junior, Morolake Ayo-Adejuyigbe, Patricia Tzortzopoulos

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The Target Value Design (TVD) is a collaborative process where value drives the design process to achieve the client’s expectations while maintaining the costs and schedule under control. Its application has been successful in several construction projects, especially in the healthcare context. Applying TVD to the real estate context, however, can be challenging. This paper aims to identify links between TDV and the Living Lab (LL) concept which may potentially help overcome these challenges. LLs are usercentred initiatives that focus on developing innovative solutions through cocreation and collaboration among stakeholders in a real-life context. A review on existing literature was performed to identify how a LL approach can strength TVD in a real state context. The results present opportunities to synergize TVD and LL for a beneficial result.
Original languageEnglish
Title of host publicationProceedings of 29th Annual Conference of the International Group for Lean Construction (IGLC)
Subtitle of host publicationLean Construction in Crisis Times: Responding to the Post-Pandemic AEC Industry Challenges
EditorsL. F. Alarcon, V. A. Gonzalez
PublisherThe International Group for Lean Construction
Pages634-643
Number of pages10
ISBN (Print)9786124802546
DOIs
Publication statusPublished - 14 Jul 2021
Event29th Annual Conference of the International Group for Lean Construction - Virtual
Duration: 14 Jul 202117 Jul 2021
Conference number: 29
https://www.iglc.net/Home/ActiveConference

Publication series

NameProceedings of the Annual Conference of the International Group for Lean Construction
PublisherInternational Group for Lean Construction (IGLC)
ISSN (Print)2309-0979
ISSN (Electronic)2789-0015

Conference

Conference29th Annual Conference of the International Group for Lean Construction
Abbreviated titleIGLC2021
CityVirtual
Period14/07/2117/07/21
Internet address

Fingerprint

Dive into the research topics of 'Strengthening Target Value Design Benefits in Real Estate Market Through Living Labs'. Together they form a unique fingerprint.

Cite this