Knowledge transfer partnership : Implementation of target value design in the UK construction industry

Knowledge Transfer Partnerships (KTP) are unique research programmes designed to bring innovation by joint effort of academia and industry to provide innovation in technology, process and management for the UK Industry. This paper describes an undergoing research on a collaborative project management approach which could increase the project delivery efficiency in the UK construction industry. UK Construction Industry has always been criticised by the industry experts about its lack of efficiency and innovation to deliver client’s value. The KTP research project aims to implement Target Value Design in the UK construction industry. Target Value Design (TVD) is lean project management approach focused to deliver client’s value and provide better control over the project cost. TVD has been only implemented in the US and this research focuses to develop a framework to implement TVD in the UK Construction Industry.